Cathay Pacific’s parent group reported 1H26 net profit of HK$6.24 billion (US$802 million), up 71% year over year. Attributable profit from the airlines and subsidiaries rose to HK$4.9 billion, from HK$3.8 billion a year ago. Passenger volume grew 17.5%, to…
PR: Embraer announced today that the Fuerza Aeroespacial Colombiana (FAC) has signed a contract for the acquisition of two KC-390 Millennium multi-mission aircraft, marking a significant milestone in the modernization of Colombia’s airlift and aerial refueling capabilities. The contract also…
Regional jets are no longer a growth industry in North America, thanks to the myopic Scope Clause. This policy has crimped new technologies from entering the market – it started with the Mitsubishi SpaceJet and Embraer E175-E2. There are projects…
Brazil’s antitrust regulator, CADE, cleared American Airlines’ $100 million investment in Azul on July 31, unconditionally. American will acquire an 8.66% equity stake, a board seat, and a seat on Azul’s strategic committee. Unless challenged within 15 days of publication…
In late May, GKN Aerospace halted production at its window factory in suburban Los Angeles, after an overheating tank raised fears of an explosion serious enough to evacuate 50,000 nearby residents for several days. The factory has since partially reopened.…
The FAA issued an amended type certificate for the Boeing 737 MAX 7 today, along with an updated Production Limitation Record authorizing Boeing to begin manufacturing the aircraft for delivery. Almost a decade after the MAX 7 was first announced,…