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Embraer displays defense & security portfolio at ADEX South Korea 2023

WIL BALDWIN October 16, 2023

Seoul, South Korea, October 16, 2023 – Embraer SA (NYSE: ERJ) Defense & Security products and solutions, with one of the most comprehensive portfolios and innovative solutions for the defense and security markets, will be…

Korean Air to Issue $817 Million in New Shares as Virus Strains Industry

WIL BALDWIN May 14, 2020May 14, 2020

SEOUL (Reuters) - South Korea's largest airline, Korean Air, plans to sell around 1 trillion won ($816.55 million) in new shares in its biggest rights issue in 20 years to raise funds amid mounting strains…

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EU Clears 7 Billion Euros in State Aid for Air France-KLM

WIL BALDWIN May 4, 2020

BRUSSELS (Reuters) - The European Union's competition watchdog on Monday approved French state aid worth 7 billion euros ($7.66 billion) for Air France <AF.PA>, saying the support would provide cash to soften the economic shock…

JetBlue Provides Operational Update Related To Coronavirus

WIL BALDWIN March 19, 2020

JetBlue (NASDAQ: JBLU) has issued the following message to its 23,000 crew members. It has been a very tough few weeks. We are so proud to see once again how the JetBlue culture brings us…

Avolon CEO Says Green Airlines Should Pay Less to Lease Planes

WIL BALDWIN January 20, 2020

DUBLIN, Jan 20 (Reuters) - Airlines with the best environmental scores should pay less for leasing aircraft than more polluting competitors, the head of one of the world's top leasing companies said on Monday. The…

European Pilot Group Demands Action over Ryanair Sick Leave Policy

WIL BALDWIN November 14, 2019

DUBLIN (Reuters) - The European Cockpit Association (ECA) pilot group has urged regulators to take action over what it described as a "safety hazard" caused by Ryanair's <RYAAY> approach to flight crews' sick leave, according…

Honeywell Forecasts 7,600 New Business Jet Deliveries Over Next Decade

WIL BALDWIN October 20, 2019

- 28th annual Global Business Aviation Outlook projects 2020 deliveries to be higher than 2019 as new models enter service - Five-year purchase plans for new business jets down slightly, but plans to buy used…

Rostec Ready for 737 MAX Out of Court Deal with Boeing

WIL BALDWIN August 28, 2019

MOSCOW (Reuters) - A unit of Russian conglomerate Rostec said on Tuesday it was ready for an out-of-court settlement with Boeing over its order for 35 Boeing 737 MAX jets, a spokesman for Rostec's subsidiary…