Embraer has delivered 26 commercial and 25 executive (19 light and 6 large) jets during 2Q19, compared to 28 commercial jets and 20 executive (15 light and 5 large) jets in 2Q18; The Company’s firm order backlog at the end of 2Q19 was US$ 16.9 billion, up from the US$ 16.0 billion reported at the […]
Embraer reports second quarter results, reaffirms 2019 financial guidance Read More »
thyssenkrupp Materials Services is continuing its digitalization offensive with the introduction of a flexible IT infrastructure for smart, agile management of all processes along the supply chain. Material deliveries, customer purchase orders, order execution, transportation logistics – the digital accelerator DESCA can process and forward millions of datasets in seconds. And it’s customers who benefit
thyssenkrupp Materials Services introduces state-of-the-art digital supply chain Read More »
Singapore Technologies Engineering (ST Engineering) has reported that it registered higher revenue and profits for its second quarter ended 30 June 2019 (2Q2019) compared to the same period a year ago. Quarterly revenue grew 8% y-o-y to SG$1.78 billion from SG$1.65 billion, and Profit before tax (PBT) rose 13% to SG$169.7 million from SG$150.4 million.
ST Engineering posts higher revenue and profits in 2nd quarter 2019 Read More »
Embraer’s new Praetor 500 midsize business jet was granted its Type Certificate by Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação Civil). The Type Certificate was awarded during a ceremony at LABACE (Latin American Business Aviation Conference and Exhibition). The Praetor 500 surpassed its certification goals achieving an intercontinental range of 3,340 nautical miles (6,186
Embraer’s Praetor 500 awarded Brazilian certification Read More »
In July 2019, the Lufthansa Group airlines welcomed around 14.6 million passengers. This shows an increase of 3.3% compared to the previous year’s month. Capacity was up 2.5% over the previous year and traffic increased by 3.1%. In addition as compared to July 2018, the seat load factor increased by 0.6 points to 86.9%. The
Lufthansa Group Airlines welcome around 14.6 million passengers in July 2019 Read More »
European tourism group TUI has reported a 46% decline in underlying quarterly earnings which it predominantly puts down to the grounding of Boeing’s 737 MAX jet. 10% of the group’s fleet of planes (15 in number) are 737 MAXs, while a further eight of these planes are currently on order, but until the grounding order
TUI earnings hit hard by 737 MAX grounding Read More »
After the swearing in ceremony of Stephen Dickson as the new administrator of the U.S. Federal Aviation Authority (FAA), U.S. Transportation Secretary Elaine Chao confirmed that she asked Dickson to make an assessment of the agency’s performance subsequent to the two Boeing 737 MAX crashes, making it clear that: “it is an important opportunity to
New FAA chief to review agency in light of 737 MAX crashes Read More »
Norwegian will stop flights between Ireland and the US in September, after its finances were hit by the grounding of the Boeing 737 Max. In a statement Matthew Wood, SVP Long-Haul Commercial at Norwegian said: “As the airline moves from growth to profitability, we have conducted a comprehensive review of our transatlantic operations between Ireland
Norwegian to end transatlantic flights between Ireland and North America Read More »
Werner Aero Services has announced that Teimuraz (Temur) Muzashvili has joined its team. He will be focusing on overseeing and expanding Werner’s current business in CIS countries. Muzashvili joins Werner Aero Services with over 9 years’ experience in the airline industry as a power plant manager. His arrival reinforces Werner Aero Services’ commitment to increase
Werner Aero Services welcomes Temur Muzashvili to expand CIS business Read More »
Air BP, the international aviation fuel products and services supplier, will highlight the expansion of its pioneering carbon offset program for business aviation in Brazil during the largest business aviation conference and exhibition in Latin America, LABACE from August 13 to 15. The program will be extended to two of Voa São Paulo’s airports, a
Air BP expands carbon offset program for business aviation Read More »
