Embraer announces 19% y/y revenue increase
Brazilian aircraft maker Embraer reported $717 million revenues in the first quarter of 2023, 19% up on 2022 and "in line" with what it had forecast. The company reported "cash consumption" of $399 mi...
Brazilian aircraft maker Embraer reported $717 million revenues in the first quarter of 2023, 19% up on 2022 and "in line" with what it had forecast. The company reported "cash consumption" of $399 mi...
Embraer has reported the delivery of 15 jets in the first quarter of 2023, of which seven were commercial aircraft and eight executive. The results amounted to 7% growth compared to the same period o...
The Australian Competition and Consumer Commission (ACCC) has opposed Qantas $614 million proposed acquisition of Alliance Aviation Services after a thorough investigation. ACCC cited the reason as th...
Rano Air, Nigeria’s newest start-up airline is all set to resume commercial operations. The airline recently acquired its Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority (NCA...
Loganair plans to move its existing Dundee service from London City airport (LCY) into Heathrow’s Terminal 2 on May 6, while its City of Derry service from Stansted airport (STN) to Heathrow T2 on May...
Embraer is taking some major steps to expand its presence in the rapidly growing Chinese and Indian markets. The airplane maker is looking forward to close a deal of 20 commercial jets to a Chinese ai...
Embraer and Saab have signed a memorandum of understanding they said is "mainly related to business development and engineering opportunities". “Saab and Embraer are two world leaders in the aerospace...
Fastjet, Zimbabwe’s Low-cost carrier has expanded its domestic routes with the addition of Kariba and Hwange National Park as a part of airline’s strategic to improve air connectivity in South Africa....
In what they described as an "unprecedented initiative", Embraer, Brazil's Aeronautical Technological Institute (ITA) and the São Paulo State Research Support Foundation (FAPESP) have opened an Engine...
Brazilian aircraft manufacturer Embraer recorded $4.5bn revenue in 2022, $2bn of which came in the fourth quarter (Q4 2022) and left it with an adjusted EBIT of $166.2 million for the three-month peri...
ExecuJet MRO Services Australia has secured work from four Embraer Executive Jet operators in Indonesia. The contracts with the four Indonesian operators cover a total of five Embraer Legacy aircraft ...
Embraer has closed a $200 million credit facility, which will be used to fund purchases from US-based suppliers. The financing is being provided by Citibank and has been guaranteed by the Export-Impor...
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