Embraer delivered 47 jets in 2Q24 © Embraer

Embraer sees strong growth in 2Q24 with surge in deliveries and revenue

In the second quarter of 2024, Embraer delivered 47 jets, marking an 88% increase from the 25 aircraft delivered in the first quarter. Of these deliveries, 27 were executive jets—20 light and seven medium—19 were commercial jets, and one was a multi-mission C-390 Millennium in Defence. The company’s firm order backlog reached US$21.1 billion in […]

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Qantas reduces executive remuneration

Financial

Qantas‘ Board has finalised its decisions regarding executive remuneration for FY23, implementing significant reductions in response to recent challenges and reputational damage. Last September, the Board announced a 20% reduction in short-term incentives for members of the Group Management Committee, recognising the brand and customer impacts from various cumulative events, including operational disruptions and legal

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PPS®X00 engine mounted on its test plate

Safran expands U.S. manufacturing for satellite propulsion systems

Other News

Safran Electronics & Defense is expanding its U.S. manufacturing capabilities to produce small satellite propulsion systems, addressing increasing demand in both commercial and defence sectors. Announced at the 2024 Small Satellite Conference in Logan, Utah, this initiative aims to support the North American small satellite market’s projected growth, expected to exceed US$5 billion by 2030.

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ATSG promotes Todd France to Chief Commercial Officer

People

Air Transport Services Group (ATSG) has promoted Todd France to Chief Commercial Officer (CCO). In this role, France will oversee commercial activities for all ATSG companies and report to ATSG President Jeff Dominick. “Todd has been President of two of our business units and is uniquely qualified for this role,” said Dominick. “He has demonstrated

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Rolls-Royce wins order for 60 Trent 7000 engines from Cathay Pacific

Aircraft & Engines

Cathay Pacific has placed an order for 60 Rolls-Royce Trent 7000 engines to power its newly ordered fleet of 30 Airbus A330-900 aircraft. Concurrently, the airline has signed a TotalCare service agreement to cover this fleet. TotalCare offers operational certainty by transferring time-on-wing and maintenance cost risks to Rolls-Royce. This premium service is supported by

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Air Canada’s second-quarter net income down

Financial

Air Canada has reported second-quarter operating revenues exceeding CA$5.5 billion and an adjusted EBITDA of CA$914 million. Demand remained strong, with load factors surpassing historical averages, and the airline improved its on-time performance by 10 percentage points compared to the previous year, despite increased flight activity. The airline transported 11.6 million customers during the quarter

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Air Asiana Cargo will be sold to Air Incheon © AirTeamImages

Asiana Airlines’ cargo unit sold to Air Incheon

Financial

Asiana Airlines‘ cargo unit will be sold to South Korean cargo carrier Air Incheon for 470 billion won (US$342 million), Korean Air Lines announced on Wednesday, according to REUTERS news agency. The EU competition regulator in June approved Air Incheon as the preferred bidder to buy Asiana’s cargo business, as a condition of approval for

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Emirates' new refurbished B777 Business Class © Emirates

Emirates’ first refurbished Boeing 777 enters service

Aircraft & Engines

The first Emirates Boeing 777 with a nose-to-tail cabin refresh and a new look has rolled into service, preparing to take off to Geneva this afternoon, August 7, as EK 83. The aircraft underwent a complete revamp in just 37 days and will be entering service four days ahead of its officially announced deployment schedule.

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Cathay Group orders 30 Airbus A330-900 aircraft

Aircraft & Engines

Hong Kong’s Cathay Group (Cathay) has placed a firm order with Airbus for 30 A330-900 wide-body aircraft. The order follows a thorough evaluation by the airline under its mid-size wide-body fleet renewal programme. The newly-ordered aircraft will enable Cathay to modernise its earlier-generation A330-300 fleet and expand its operations on high-capacity regional routes. The aircraft

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Joby has applied for aircraft certification in Australia

Joby seeks certification for electric air taxis in Australia

Other News

Joby Aviation, a company developing electric air taxis for commercial passenger service, has formally applied for its aircraft to be certified for use in Australia. Joby’s application to the Australia’s Civil Aviation Safety Authority (CASA) for the validation of an FAA type certification builds on a bilateral agreement between the U.S. regulator and CASA, laying

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Embraer sees strong growth in 2Q24 with surge in deliveries and revenue

Qantas reduces executive remuneration

Safran expands U.S. manufacturing for satellite propulsion systems

ATSG promotes Todd France to Chief Commercial Officer

Rolls-Royce wins order for 60 Trent 7000 engines from Cathay Pacific

Air Canada’s second-quarter net income down

Asiana Airlines’ cargo unit sold to Air Incheon

Emirates’ first refurbished Boeing 777 enters service

Cathay Group orders 30 Airbus A330-900 aircraft

Joby seeks certification for electric air taxis in Australia

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