1Q20 US Airline Fleet Numbers
Take a look at just how much damage COVID has done to US airline fleets. The fleet data we have is through 1Q20 and, as we know, it only got worse since then. Much worse. Bear in mind that several…
Tag Embraer
Big changes at the top of Embraer and GE Aviation
News from Embraer today announced the appointment of Arjan Meijer as the new President and CEO of Embraer Commercial Aviation, succeeding John Slattery. Meanwhile General Electric announced President and Vice-Chair David Joyce will retire after 40 years at the company.…
What Mitsubishi acquired from Bombardier
Mitsubishi has been castigated for its MRJ and SpaceJet program. However, take a look at what it accomplished by doing the CRJ deal with Bombardier. Not only did the lawsuit go away (remember that ?), but Mitsubishi now has a…
The economic hurdles facing Mitsubishi
Mitsubishi has pulled back from the market. Years of delays and fumbles have left the program in a very uncertain light. Deals with US airlines are now clearly up for grabs. Covid was actually an opportunity for Mitsubishi as the…
Transactions through May 2020
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Embraer: Q1-loss of 292 million
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…