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DAILY AVIATION NEWS ALERT

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October 27th, 2023
The 737 family has been instrumental in supporting Southwest's sustained growth

Southwest Airlines deepens commitment to fuel-efficient 737 MAX with order for 108 Boeing 737-7s

Southwest Airlines is reinforcing its dedication to the environmentally friendly 737 MAX family by placing an order for 108 Boeing 737-7 aircraft. This substantial order aligns with Southwest's ongoing fleet modernisation initiative and offers the flexibility needed for fleet expansion. Bob Jordan, President and Chief Executive Officer of Southwest Airlines, reflected on their long-standing partnership with Boeing, stating, "Our relationship …
Embraer delivered 15 commercial jets in Q3 2023 and 28 executive jets

Embraer deliveries increase 30% in 3Q23

Embraer has delivered 43 jets in 3Q23, an increase of 30% compared to 3Q22 when 33 aircraft were delivered. Commercial Aviation has shown robust delivery growth, soaring from ten to 15 aircraft, a 50% increase compared to the same period in 2022. For Executive Aviation, there was also an increase; 28 jets delivered (19 light and nine medium) represented a …
Air France-KLM and Apollo sign €1.3 billion financing agreement

Air France-KLM and Apollo sign €1.3 billion financing agreement

Air France-KLM and Apollo Global Management have signed a definitive agreement between Apollo-managed funds and entities and a dedicated operating affiliate of Air France-KLM regarding a €1.3 billion financing, accounted as quasi-equity under IFRS, with the option for Apollo to increase the nominal amount up to €1.5 billion in total, prior to closing. This dedicated operating affiliate of Air France-KLM …
SkyWest will operate the new Embraer E-jets for United Express

SkyWest orders 19 Embraer E175 aircraft

Embraer has agreed to the sale of 19 new E175 jets to SkyWest, for operation in the United Airlines network, adding to the 90 E175 jets SkyWest already operates for United. The E175 aircraft will fly exclusively with United under a capacity purchase agreement (CPA). The value of the contract, which has been included in Embraer’s Q3 backlog, is US$1.1billion, …
Pete Schneider joins King Aerospace

Pete Schneider joins King Aerospace

Industry veteran Pete Schneider has joined King Aerospace as its new Vice-President, Programme Management and Special Projects. Schneider brings to King Aerospace more than 35 years of project management experience across many challenging, high-profile and highly diversified aerospace programmes, including more than 15 years managing VVIP aircraft programmes for the U.S. Air Force and international leaders with Greenpoint Technologies and …
Midnight aircraft

Archer's Midnight aircraft takes flight

Archer Aviation, a leader in electric vertical take-off and landing (eVTOL) aircraft, has released that its flight test programme hit another key milestone as the company’s Midnight aircraft took flight. This milestone builds on Archer’s four years of flight testing, including two years of full-scale flight testing with Maker.  “This next phase of Archer’s flight test programme is only possible …
Boeing

Boeing posts third quarter net loss of US$1.6 billion

The Boeing Company has recorded third quarter revenue of US$18.1 billion and a net loss of US$1.6 billion. GAAP loss per share was (US$2.70) and core loss per share (non-GAAP) was (US$3.26). Third quarter results were impacted by unfavourable defence performance and lower 737 deliveries. Commercial Airplanes third quarter revenue increased to US$7.9 billion driven by higher 787 deliveries. Operating margin of (8.6%) also reflects lower 737 …

Fraport to offer biometric touchpoints to all passengers

MTU Maintenance Zhuhai and MAB Engineering sign MoU for on-site services

Southwest Airlines secures preliminary deal with Transport Workers Union Local 556

Airbus to transform transatlantic subassembly transport with green fleet renewal

Air Inuit partners with AEI for B737-800SF freighter conversions

UMILES Next becomes Crisalion Mobility

LHT to overhaul CF6-80 engines for National Airlines

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