UPDATE – Record-high revenues for the September quarter haven’t translated into a likewise record-high net result for Delta Airlines. The airline reported a $695 million net profit for Q3, almost half that of the same period last year as it saw expenses soar, it...
UPDATE July 1 with Toyota – Embraer is targeting to reduce production lead times of all its products by some forty percent until the end of 2023 to improve efficiency. On the commercial aircraft production lines, lead times have already been reduced from four to...
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...
Deliveries of 31 completed ATR turboprop aircraft compared to ten in 2020 have helped to reduce losses for its Italian shareholder Leonardo, but overall the company and Tier 1 supplier to Airbus and Boeing can look back at a difficult year for its commercial...
A sharp reduction in deliveries of 787 structures to Boeing is the major reason behind the lower revenues and order intake of Mitsubishi Heavy Industries (MHI) Aero Structures business in the third quarter of FY21, it reported on February 7. Lower rates Boeing hurt...
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