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Month November 2021

Embraer reduces Q3 losses but Q2 looked better

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UPDATE – Embraer reduced its third-quarter net loss attributable to shareholders to $45 million, in part thanks to more deliveries of the E195-E2 that generated higher revenues. While its guidance for Q4 is mostly unchanged, better sales activities at Commercial…

Does Azul really want LATAM?

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Does Azul really want LATAM? That’s the question we all had this week after Azul’s CEO, John Rodgerson, said the company is ready to make an offer if LATAM creditors fail to agree on a restructuring plan.  What’s going on…

IAG reaches inflection point and reduces losses

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The third quarter has been an ‘inflection point’ for International Airlines Group (IAG). It has drastically reduced its operating loss by almost three quarters to €452 million and stopped burning cash. Its Spanish airlines performed best, with Iberia producing a…