Swiss regional airline Helvetic has upsized its Embraer-order by converting four E190-E2s to E195-E2, the airframer announced on July 15. It confirms a trend that customers opt for the bigger type when they place a follow-on order with Embraer. Helvetic…
New York’s Southern District Bankruptcy court will be busy with another Chapter 11 case after Grupo Aeromexico has filed for bankruptcy protection on June 30. It is the third Latin American airline after Avianca and LATAM to seek protection with…
Embraer reported a $-292 million net loss attributable to shareholders for the first three months of 2020. This compares to -42.5 million in the same period last year, the Brazilian OEM said on June 1. Adjusted net loss was $-104…
Brazil’s Azul has taken drastic actions in response to the Covid-19 crisis, including deferral of 59 Embraer E195-E2s by four years. The airline recorded a R$-975.3 million Q1-net loss compared to a 113.4 million profit last year, it reported on…
Brazilian planemaker Embraer disclosed its 2019 orders and deliveries this week. At 198, total deliveries were up compared to 181 in 2018 but this is only thanks to the higher output from the executive jets division. Let’s have a look.…
Air France-KLM will (have to) ‘reinvent’ itself if it wants to meet its targets of higher revenues, strong improvement of the operating margin, reduced costs, and more operational efficiency, the French-Dutch airline group said on its Investor Day on November…