UPDATE – The Saudi Arabian Public Investment Fund (PIF) has officially announced it will launch a second national airline, Riyadh Air. The carrier will be chaired by former Etihad Airways CEO Tony Douglas and has ambitious growth plans with a fleet…
Lessor BOC Aviation is taking a cautious approach to new aircraft deliveries for this year and 2024 as it expects supply chain issues to continue to have an impact. The Singapore-based lessor has adjusted its delivery schedules to reflect the new…
The FAA has Boeing given permission to re-start deliveries of the 787 in the coming week, having resolved a potential issue in the forward pressure bulkhead area, The Seattle Times and Reuters report. The issue led to the suspension of Dreamliner deliveries in…
Embraer will not launch the new turboprop anytime soon. The Brazilian airframer is still undecided about the choice of the engines and will take time to evaluate options, CEO Francisco Gomes Neto said today during a press conference. Last July at…
UPDATE – Embraer reported a higher pre-tax operating profit and turned a net loss into a net profit for the full year 2022, thanks to a strong fourth quarter. All business units contributed positively to the results, but Commercial Aviation performed best.…
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