GOL to use United States Chapter 11 process to strengthen financial position

GOL Linhas Aéreas Inteligentes S.A. and its subsidiaries have voluntarily initiated Chapter 11 proceedings in the United States Bankruptcy Court for the Southern District of New York (the U.S. Court). Chapter 11, a U.S. legal framework, is employed by businesses to secure capital, restructure finances, and strengthen long-term business operations while maintaining normal functionality. As […]

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American Airlines has posted a net loss of US$312 million for the first quarter © American Airlines

American post full-year revenue of US$53 billion

Financial

For the full year, American Airlines (American) produced revenue of nearly US$53 billion. In the fourth quarter, the company generated revenue of more than US$13 billion and an operating margin of 5.0% on a GAAP basis. Excluding the impact of net special items, American produced an operating margin of 5.1% in the fourth quarter, exceeding

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3-D printing a US$70.8 billion industry by 2030 says GlobalData

Military & Defense, MRO & Production

It has been 40 years since the creation of the first 3-D printed part, and the industry has made its mark on the manufacturing world and become an essential part of the defence industrial supply chain. 3-D printing, or additive manufacturing, will be a US$36 billion industry by 2025 and US$70.8 billion by 2030, registering

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The two E195-E2 jets for Royal Jordanian Airlines © Embraer

Azorra delivers two Embraer E195-E2s to Royal Jordanian Airlines

Aircraft & Engines

Aircraft lessor Azorra delivered the first two Embraer E195-E2 aircraft to Royal Jordanian Airlines at a ceremony at Embraer’s facility in São José dos Campos on January 22, which was followed by an arrival celebration in Amman, Jordan, hosted by Royal Jordanian Airlines on January 25. The full agreement, announced in May 2023, is for

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Airbus H125 helicopter in operation© Airbus Helicopters

Airbus and Tata Group to set up India’s first helicopter FAL

MRO & Production

Airbus Helicopters has announced that it is partnering with the Tata Group to establish a final assembly line (FAL) for helicopters in the country. The FAL will produce Airbus’ H125 helicopter from its civil range for India and export to some of the neighbouring countries. The FAL will be the first instance of the private

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Eviation Aircraft appoints Andre Stein as new CEO, Jeff Hurford as CFO

People

Eviation Aircraft, a manufacturer of all-electric aircraft, has released that Andre Stein has been appointed as Chief Executive Officer (CEO), and Jeff Hurford as Chief Financial Officer (CFO). The aerospace veterans will lead Eviation through the next stages toward certification of the Alice aircraft, making the electric aviation revolution a reality. Stein has been appointed

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GOL to use United States Chapter 11 process to strengthen financial position

American post full-year revenue of US$53 billion

3-D printing a US$70.8 billion industry by 2030 says GlobalData

Azorra delivers two Embraer E195-E2s to Royal Jordanian Airlines

Airbus and Tata Group to set up India’s first helicopter FAL

Eviation Aircraft appoints Andre Stein as new CEO, Jeff Hurford as CFO

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26 January 2024

GOL to use United States Chapter 11 process to strengthen financial position

American post full-year revenue of US$53 billion

3-D printing a US$70.8 billion industry by 2030 says GlobalData

Azorra delivers two Embraer E195-E2s to Royal Jordanian Airlines

Airbus and Tata Group to set up India’s first helicopter FAL

Eviation Aircraft appoints Andre Stein as new CEO, Jeff Hurford as CFO

Stay Connected

Subscribe