Ahead of its second quarter earnings, Embraer has signed a $1 billion syndicated credit agreement for five years on August 6, 2024. The deal is an extension of a $650 million syndicated credit operati...
Spirit AeroSystems - the American aerostructures manufacturer recently reacquired by Boeing - posted a net loss of $415 million in the second quarter of 2024, doubling from last year's second quarter ...
Airbus has delivered 77 commercial aircraft in July 2024 - the highest yet for the year. In addition, it is the highest July deliveries since 2018 where the European aircraft manufacturer delivered an...
Dublin-based lessor AerCap has yet again posted strong results in its second quarter 2024 earnings report. Its total revenues were approximately $2bn, up from $1.9bn last year in the quarter and meeti...
Boeing has appointed Robert ""Kelly"" Ortberg as the company's new president and CEO, effective as of August 8, 2024. He will also serve on the company's board of directors. He will succeed outgoin...
JetBlue has deferred 44 of its A321neo aircraft deliveries that were originally scheduled to be delivered from 2025 through to 2029 it said in its second quarter 2024 results on July 30, 2024. After r...
RTX has reserved a total of $1.24bn to resolve legal disputes with the US Department of Justice (DOJ), Securities and Exchange Commission (SEC), and Department of State (DOS), the company said in its ...
Air France-KLM's third quarter unit revenues are expected to be negatively impacted by around €150-170 million as a result of the Paris Olympic Games 2024 this summer. The company said in its second q...
Abra Group (majority investor of Avianca and Gol) has signed a memorandum of understanding (MOU) for five A350-900s to further expand its international long-haul operations and increase capacity. The ...
Speaking ahead of the Farnborough International Airshow 2024 at a media event, Airbus CEO Guillaume Faury said its widebody demand is ""very strong"" with a ""very good order intake last year."" He ad...
Boeing displayed confidence in its safety and quality plan at a press conference in London ahead of the Farnborough International Airshow 2024. Company management said its plan to “stabilise” its f...
The IT outage on July 19, 2024, caused unprecedented technological chaos globally after a third party software outage hit various computer systems. The issue was a result of a faulty update for hosts ...
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