After the fiscal year 2022 with “ongoing twists and turns”, Air New Zealand expects to produce “a significant improvement” of its financial performance in FY23. But this will depend in large part on the impact of jet fuel prices, the risk of a global...
Splitting up General Electric from four business units into three individual public companies will allow each of them to focus on their own, while aviation becomes the core business of the new GE. GE Aviation already was the biggest cash generator within the company,...
UPDATE – Embraer reduced its third-quarter net loss attributable to shareholders to $45 million, in part thanks to more deliveries of the E195-E2 that generated higher revenues. While its guidance for Q4 is mostly unchanged, better sales activities at Commercial...
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