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Ernest Arvai

Ernest Arvai

President AirInsight Group LLC

Embraer Reports Q1 results, retains positive guidance

Embraer

Embraer reported its 1Q 2025 results, reiterated full-year guidance, and hosted a conference call with senior management today to discuss those results. The first quarter had record revenues, with continuing improvements in margins. Top-line revenues grew 23% year over year to…

Heart Aerospace moves to Los Angeles

ES-30

Swedish-based Heart Aerospace, which is developing a hybrid-electric aircraft, is moving its operations to Los Angeles.  The company announced that it is trying to “accelerate development” of the ES-30 aircraft.   The move will decimate the current Swedish workforce of…

Airbus and Spirit Aero Finalize Deal

Spirit AeroSystems

Airbus and Spirit Aero have finalized a transaction to carve out A220, A320 and A350 related work after the Boeing re-acquisition of the company.  The facilities include: Kinston, North Carolina, USA that builds A350 fuselage sections,  St. Nazaire, France, that…