Embraer reported its third quarter earnings this morning, with several positives that beat expectations. The company reported a net profit of $178.8 million US, or 97 cents per share. Adjusted for non-recurring costs, EPS were $1.20, surpassing expectations. Quarterly revenues…
La Tribune reports the French Defence Ministry has selected Airtbus over Dassault for its maritime patrol aircraft. France, indeed all European nations with ocean borders, need to update their patrol aircraft. Germany selected the Boeing P-8. France did have this…
The aviation industry maintained its continued growth in August 2024, with passenger demand surging by 8.6% year-on-year. This growth, coupled with a 6.5% increase in capacity, resulted in a record-breaking load factor of 86.2%, highlighting the strong demand for air…
The air cargo industry demonstrated its enduring strength in August, with global demand surging by 11.4% year-on-year (YoY). This marks the ninth consecutive month of double-digit growth, solidifying the industry’s position as a key driver of global trade. August’s performance…
The key news for Boeing is that the FAA will strengthen its oversight just as Boeing is ready to resume production on the 737 MAX. With Boeing stating that the ramp-up will be slow, and the FAA’s February audit finding…
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