Embraer has posted consolidated revenue of US$1,292 million in 2Q23 representing an increase of 27% YoY due to higher volumes in Commercial and Executive aviation with strong growth of 57.4% and 41.8% respectively. Commercial Aviation reported revenue growth of 57% YoY to US$ 471.9 million due to higher number of deliveries. Reported gross margin of 12.9% […]
Embraer’s second-quarter 2023 revenue up 27% compared to 2022 Read More »
Southwest Airlines has furthered its commitment to Nashville by announcing the addition of a crew base at Nashville International Airport (BNA) in the second quarter of 2024. Nashville will become the 12th crew base in the Southwest system with approximately 150-250 pilots, growing to 500-600 pilots and an estimated 500-700 flight attendants based in the new crew location
Southwest Airlines to add crew base at Nashville International Airport (BNA) Read More »
Dubai Aerospace Enterprise (DAE) has released that an affiliate has signed a definitive agreement to acquire the rights, interests, and obligations of a portfolio of 64 Boeing 737 MAX aircraft from a wholly-owned subsidiary of China Aircraft Leasing Group Holdings Limited (CALC). The portfolio includes 737-8, 737-9 and 737-10 variants. Delivery of the aircraft is
DAE to acquire order book of 64 Boeing 737 MAX aircraft Read More »
Avolon, a leading global aviation finance company, has partnered with Soisa Aircraft Interiors on a project to turn scrap material from old aircraft into craft products. Waste materials, including over 800 kg of leather, are donated to members of the Tarahumara tribe in Chihuahua, Mexico, who make them into traditional artisan products like wallets, bags,
Avolon and Soisa partner to recycle used materials Read More »
A distributor agreement was signed at LABACE 2023 between Leonardo and Gruppomodena S.A. for the civil market in Uruguay and Argentina including an order for two AW119Kx helicopters and an order for one AW109 GrandNew helicopter for a private operator in Brazil. Official distributor in Brazil for the AW09 latest-generation single-engine, Gualter Helicopters signed for
Leonardo reaffirms leading position in private helicopter transport market Read More »
The US Department of Transportation (USDOT) has confirmed that it will allow a number of increased direct flights between China and the U.S. This will see weekly round trip flight number increase to 18 (from 12) on September 1, 2023, and this number rise to 24 on October 19. Carrier covered by this new order
China and U.S. reach agreement over increased flights between the two countries Read More »
Embraer has released that Carlos Naufel, current Technical Director of Azul Linhas Aéreas, will become the new Vice President of Services and Support, effective on September 1, 2023. The current VP of the area, Johann Bordais, will assume the role of CEO at Eve Air Mobility, as announced at the end of July. With 27
Embraer appoints Carlos Naufel as VP Services and Support Read More »
The Regional Express Group (Rex) has announced its collaboration with Enterprise Aviation Group (Enterprise) of Oshawa, ON Canada, through an exclusive teaming agreement. This strategic partnership comes as part of Rex’s ongoing preparation for the upcoming tender by the Australian Antarctic Division (AAD) later this year, following the recent release of the Request for Information
Rex forms exclusive partnership with Enterprise Aviation Group Read More »
The Cathay Group has announced its plan to buy as many as 32 Airbus A321neo and A320neo aircraft, as part of its ongoing investment in expanding and modernising its fleet, and enhancing flight connectivity at the Hong Kong international aviation hub. This move will increase the Group’s total new aircraft deliveries to over 70. These
Cathay Group intends to purchase up to 32 new single-aisle aircraft Read More »
Air Canada has reported that second-quarter operating revenues of CA$5.427 billion increased CA$1.446 billion from the same quarter in 2022, driven by a 42% year-over-year increase in passenger revenues. Operated capacity increased 21% from the second quarter of 2022, one percentage point lower than the projection provided in Air Canada’s May 12, 2023, news release. Operating expenses of CA$4.625 billion increased CA$391 million or
Air Canada posts second-quarter net income of CA$838 million Read More »
