Embraer has announced it is to shed approximately 900 jobs, approximately 4.5% of its current workforce in a restructuring move. The Brazilian planemaker is struggling to deal with the dual setbacks of the COVID-19 pandemic and Boeing’s cancellation of its deal with the commercial aviation arm of the company. Deliveries of commercial jets have fallen
Qatar Airways CEO Akbar al-Baker has confirmed that the flag-carrying Gulf airline has successfully postponed delivery of Airbus jets it has on order with the world’s largest planemaker. The deal is yet another consequence of the downturn in demand for air travel owing to the COVID-19 pandemic. “We have the ability to bring forward the
To cope with the financial devastation caused to airlines by the COVID-19 pandemic, Turkey’s President Recep Tayyip Erdogan has helped broker a deal between trade unions and Turkish Airlines pilots, together with additional workers, that will see wages cut for the coming year by up to 50%. The Hava-Is union represents approximately 75% of the
The International Air Transport Association (IATA) has released data for global air freight markets in July showing air cargo demand is stable but at lower levels than 2019. While there is some month-to-month improvement, it is at a slower pace than some of the traditional leading indicators would suggest. This is due to the capacity
Boeing has been forced to ground eight of its 787 Dreamliner jets after the discovery of two manufacturing flaws which could severely compromise the structural integrity of the aircraft. The problems in question relate to the composite barrel sections at the rear of the 787. These sections are melded together at the South Carolina Boeing
The European Union Aviation Safety Agency (EASA) has announced that it is to begin flight tests on the updated Boeing 737 MAX in Vancouver, Canada, on September 7. The move comes two months after both Boeing and the Federal Aviation Administration (FAA) had completed certification flight tests. According to the EASA, “While Boeing still has
Vertical Aerospace, the Bristol-based company pioneering affordable electric aviation, has announced plans for a revolutionary ‘flying taxi’, the VA-1X. Capable of carrying up to five people (four passengers and a pilot), the VA-1X is set to be the world’s first certified winged all-electric Vertical Take-Off and Landing (eVTOL) aircraft, and is on course to start
American Airlines has announced that unless there is further governmental aid provided, when the current government stimulus runs out at the end of September, it will be foced to shed 19,000 of its March 140,000-strong workforce. By the end of October, taking into account voluntary exits and retirments, staffing levels at American Airlines will shrink
Gulfstream Aerospace (Gulfstream) has announced that its new company-owned service center in Palm Beach, Florida, is now open. The center is being shared with Jet Aviation, both of whom will have their own hangars but who will share office space. “Gulfstream has had a presence in Palm Beach for almost 20 years with the capability
Qantas has posted a full-year net loss of AU$1.964 billion for the financial year ended June 30. One of its largest ever losses, this one has been driven by impairment charges and restructuring costs intended to shore up the company during the pandemic. Alan Joyce, Qantas CE, confirmed that the carrier was operating among the
