UPDATE – Embraer narrowed its first-quarter loss compared to last year, reporting a $31.7 million net loss attributable to shareholders. This compares to $-89.7 million for the same period last year. However, the Brazilian airframer slipped back into a loss...
UPDATE – Boeing has taken a pre-tax non-cash charge of $3.460 billion on the 787 program as deliveries remain suspended over quality issues. Abnormal costs for the Dreamliner increased by $285 million in Q4 and total approximately $2.0 billion, with most being...
Despite a €57 million second-quarter operating profit, results of Wizz Air remain under pressure. The ultra-low-cost airline expects current market conditions with low fares and yields to result in a third-quarter loss of around €200 million that will most likely...
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