ACIA Aero Leasing (“ACIA”), a growing provider of regional aircraft leasing and lease management services, announced the delivery of an E-190 on lease to Bestfly Worldwide (“Bestfly”). The delivery took place at Embraer’s re-delivery center in Macon, Georgia, marking...
Despite numerous uncertainties in the market, TAP Portugal is cautiously optimistic that positive demand for travel combined with the fruits of restructuring will steer the airline in the right direction again. TAP has started implementing the plan that was announced...
Embraer has sold its two Portuguese aerostructure units to Aernnova in Spain for $172 million. At the same time, the two companies have signed a long-term supply agreement to safeguard the supplies of assemblies to Embraer, they announced on January 12. Embraer...
TAP Portugal can continue its restructuring plans now that the European Commission has approved €2.55 billion in state aid the carrier from the Portuguese government. The Commission also ruled positively over a combined €178.5 million in Covid-aid. Brussels approves...
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