Today’s key stories focus on changes at Boeing. The portfolio of the Global Services division could change with the potential sale of Jeppesen. While no decision has yet been taken, Jeppesen is very profitable, with revenues of about $400k per…
Africa’s largest carrier, Ethiopian Airlines, on November 5, 2024, took delivery of its first A350-1000 jetliner in Toulouse, France. The first to be operated by an African-based operator, the A350-1000 landed at the Addis Ababa Bole International Airport, basking in…
The Boeing supply chain is having difficulties, and it now appears that Leonardo, who manufacture a fuselage section for the 787 as a Tier 1 partner, is looking to sell its loss-making aerostructures business. This move could potentially be disruptive…
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…