The FAA has shed more light on the electrical issues of the MAX. The regulator released an Airworthiness Directive (AD) on April 30, which specifies the extent of the problems in the cockpit area of the Boeing. In a Continued Airworthiness…
Norwegian places hope on a capital increase to improve its financial position as it prepares for a gradual ramp-up of capacity, it said on April 29. The capital increase should pave the way for an exit from the examinership process…
In between the announcement of a deeper first-quarter loss, there was some bright news for Embraer. The Brazilian airframer has signed a firm order for 30 E195-E2, set for delivery from 2022. Valued at $2.2 billion at list prices, the…
Europe has been one of the continents where the pandemic has a prolonged effect on air travel. Whereas there has been a rebound in domestic travel in the US, Europe is dominated by continued restrictions as various countries suffer from…
Airbus has returned to positive results again in the first quarter, announcing a EUR 362 million net profit for the period compared to a EUR -481 million loss last year on April 29. The results “mainly reflect our commercial aircraft…
On two occasions, on January 27 and again today on April 28, Boeing’s Chief Financial Officer Greg Smith warned analysts of the need of taking a reach-forward loss on the 787. But even now, with Dreamliner production being hampered by…