Embraer is “cautiously optimistic” about signing new orders this year, but is fully aware that the Covid pandemic isn’t over and that the situation can change. CEO Francisco Gomes Neto said during the earnings call presentation on March 19. The…
The Covid-pandemic that currently rules the airline industry will result in reduced demand for commercial airliners up to 150 seats in the next ten years. A new market cycle will force airlines to focus on versatility, operating efficiency, and profitability,…
Russia is expecting the market for commercial aircraft to grow to 44.313 aircraft between 2019 and 2038, with the biggest share that of 166-200-seaters. United Aircraft Corporation (UAC) presented its latest outlook on the final trade day of the MAKS…
Lufthansa Group member Austrian Airlines is to restructure its operations and make Vienna Schwechat Airport its central hub. The airline will also grow the continental fleet while studying plans to renew the long-haul fleet, Austrian announced on January 17 during…
Virgin Atlantic has de-facto got itself a feeder airline, by agreeing to take a stake in UK regional airline Flybe. The deal secures the future of Flybe, whose history goes back to November 1979 as Jersey European Airways, but the…