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Embraer reduces Q3 losses but Q2 looked better

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UPDATE – Embraer reduced its third-quarter net loss attributable to shareholders to $45 million, in part thanks to more deliveries of the E195-E2 that generated higher revenues. While its guidance for Q4 is mostly unchanged, better sales activities at Commercial…

IAG reaches inflection point and reduces losses

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The third quarter has been an ‘inflection point’ for International Airlines Group (IAG). It has drastically reduced its operating loss by almost three quarters to €452 million and stopped burning cash. Its Spanish airlines performed best, with Iberia producing a…