Embraer has released its 2024 first-quarter (1Q24) results, showcasing robust figures across its aviation sectors. In the commercial aviation segment, the company delivered between 72 and 80 aircraft, while in executive aviation, deliveries ranged between 125 and 135 aircraft. Total revenues for the company fell within the range of US$6.0-6.4 billion, with an adjusted EBIT […]
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Lilium, the creator of the eVTOL Lilium Jet, has unveiled its collaboration with advanced air mobility (AAM) operator UrbanLink to deploy Lilium Jets in South Florida. As part of the agreement, UrbanLink will procure 20 Lilium Jets, with pre-delivery payments scheduled, becoming the inaugural airline in the U.S. fully dedicated to integrating eVTOL aircraft into
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Emirates has revealed plans to completely refurbish another 43 A380s and 28 Boeing 777 aircraft, expanding its retrofit programme to encompass 191 aircraft. The initial scheme aimed for 120 aircraft – 67 A380s and 53 777s – to undergo full refurbishment. The Boeing 777 remains the backbone of the Emirates fleet, while the A380 stands
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Air Transport Services Group (ATSG), a provider of medium wide-body cargo aircraft leasing, air cargo transportation, and associated services, has revealed an agreement to operate ten additional Boeing 767 freighters for Amazon.com Services in the Amazon Air network, by the conclusion of 2024. The operating agreement, under which ATSG’s airlines will operate these aircraft, will
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India’s premier airline, IndiGo, has confirmed an order for 30 Airbus A350-900 aircraft, marking a significant expansion in its international network towards long-haul destinations. India, boasting the title of the world’s fastest-growing major aviation market, stands on the cusp of an imminent surge in international travel, propelled by economic advancement and escalating household incomes. The
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The Federal Aviation Administration (FAA) has initiated a fresh probe into Boeing, this time focusing on inspections concerning its 787 Dreamliner jets. CNN reported that investigators are delving into whether Boeing personnel neglected some quality inspections on its fleet of 787 aircraft, the FAA disclosed on Monday. The investigation aims to ascertain whether the inspections
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magniX, the driving force behind the electric aviation revolution, disclosed the appointment of Reed Macdonald as Chief Executive Officer (CEO). Macdonald will assume leadership at magniX as it prepares its groundbreaking electric powertrains for entry into service. With a career spanning over 25 years in aerospace, finance, defence, and manufacturing, Macdonald has held numerous board
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Astronics Corporation has reported financial results for the three months ended March 30, 2024. Consolidated sales were up $28.5 million, or 18.2%. Aerospace sales increased US$28.0 million, or 20.7%, driven by increased demand in its Electrical Power & Motion product line. Test Systems sales increased US$0.5 million. Consolidated operating income was US$1.7 million, compared with
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Airbus Helicopters has finalised a deal with the Ministry of Defence of Brunei for the purchase of six H145M helicopters. Brunei’s acquisition of the H145Ms, replacing its ageing BO105 fleet, aims to augment the air force’s operational capabilities for tasks such as close air support and aerial surveillance. The H145M is a versatile military helicopter
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CDB Aviation, an entirely owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), has finalised the acquisition of four Airbus aircraft from Avolon. The acquired assets include one A330-900, two A321neo and one A320ceo aircraft, featuring both fixed and floating rate leases with CDB Aviation’s current and new airline clientele. “We
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