Embraer Announces CEO Succession
Paulo Cesar de Souza e Silva concludes his tenure at the end of April and will support the transition process of the company as Senior Advisor of the Board of Directors. São Paulo, Brazil, March…
Category: Finance News
STARLUX Airlines Orders 17 A350 XWB Aircraft
STARLUX Airlines of Taiwan has signed a firm order with Airbus for 17 widebody aircraft, comprising 12 A350-1000s and five A350-900s. The new airline plans to deploy these aircraft on its premier long-haul services from…
Airbus Skyways Drone Trials First Shore-to-Ship Deliveries
Airbus has begun shore-to-ship trials in Singapore with its Skyways parcel delivery drone. This marks the first time drone technology has been deployed in real port conditions to deliver a variety of small, time-critical maritime…
Alitalia Future Uncertain as easyJet Quits Talks
LONDON (Reuters) - The future of Alitalia was plunged further into uncertainty on Monday after British budget airline easyJet pulled out of talks to rescue the Italian carrier two weeks before a deadline to save…
French Official Says ‘Positive Signs’ in Airbus-China Talks
NAIROBI (Reuters) - There are encouraging signs that European planemaker Airbus is closing in on a long-negotiated deal with China for dozens of new narrow-body jets, an aide to French President Emmanuel Macron said on…
Etihad Reports 3rd Consecutive Loss, Jobs & Aircraft Cuts
ABU DHABI (Reuters) - Etihad Airways on Thursday reported its third consecutive annual loss despite finding cost savings of nearly half a billion dollars as it cut its workforce and fleet. The Abu Dhabi state-owned…
Blue Air to Decide on Boeing 737 MAX Order After Investigation
BUCHAREST, March 14 (Reuters) - Romania's Blue Air will make a decision on its order for 12 Boeing 737 MAX 8 jets only after an investigation into a fatal crash of one of the planes…
President Trump Issues Order Ground Boeing 737 MAX Aircraft
WASHINGTON (Reuters) - The United States on Wednesday grounded Boeing Co's 737 MAX jets, citing new satellite data and evidence from the scene of Sunday's crash of an Ethiopian Airlines plane that killed 157 people,…
Air Senegal Receives Africa’s First A330neo
Air Senegal has taken delivery of its first A330-900 from Airbus’ production line in Toulouse. The carrier is the first African airline to fly Airbus’ new generation widebody aircraft featuring latest technology engines, new wings…
Norwegian Air to Seek Compensation for 737 MAX Groundings
* Norwegian cancels some flights after grounding MAX 8 aircraft * Airline says it maintains outstanding order for more planes * Ethiopian crash was second involving MAX 8 since October * Boeing has expressed confidence…