Embraer ADR company (NYSE: ERJ) on March 10th has issued report with the results in the first quarter that disappointed analysts. Incomes measure exceeded forecasts. Company reported earnings per share in amount of $0.12, profits made 1.99B $. Analysts supposed in their forecasts that earning per share will make $0.33 but total income will make 1.96B $. Embraer ADR company follows common tendency of the…
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Singaporean low-cost airline company Scoot will take on lease 12 Brazilian regional jet airplanes of new generation. Airline company has signed letter of intentions with the company Azorra Aviation for the lease of nine airplanes Embraer E190-E2 that will make it first operator of the regional jet Embraer airplanes of new generation in South-East Asia. Deliveries are planned for 2024-2025. The aircrafts will have configuration…
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Also, Embraer offered to stimulate passengers’ brain with magnetic field and ultrasound. Many people fairly consider the flights quite bad idea that is why airline companies are constantly seeking for the methods how to reduce stress from the flights. And Brazilian aerospace company Embraer offered extremely original idea – therapy with the kelp of transcranial brain stimulation that in accordance with the idea should make…
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Saudi Arabia considers acquisition of commercial airplanes Boeing for 35 billion USD for new state airline company informs Wall Street Journal. “Saudi Arabia’s Public Investment Fund is close to conclusion of the deal with Boeing about acquisition of commercial airplanes for new state airline company”, – writes edition with the reference to unnamed sources familiar with the matter. As the message says the transaction amount…
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For Boeing current order is the third in the amount during entire history and the second in number of airplanes. Together both transactions make the biggest order from commercial air carrier (previous record belonged to American Airlines that in 2011 placed order for 460 airplanes). US president Joe Biden named this transaction historic one and declared that it will provide more than million jobs in…
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Airline company Air India placed order with Boeing and Airbus for 470 new airplanes of various modifications – this is record transaction for aviation industry. In such a way company plans to become one of the biggest air carriers in the world. The head of the Indian group of companies Tata Natarajan Chandrasekaran (Tata owns Air India) declared that transactions will allow company to upgrade…
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Emirates success with the airplanes A380 has to do not only with recovery of tourist industry. Airline company faced problems caused by delays in deliveries of Boeing 777X – last version of the wide-body airplane B777 equipped with folding wing tips and engines GE9X. Airplane was engineered more fuel efficient and with bigger flying range than its predecessor that makes it requested for the airline…
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In 2019 Airbus company announced discontinuation of production of wide-body airplane as it wasn’t able to compete in volume of the sales with Boeing 787 and own A350 – two-engine airplanes with good fuel efficiency. Airline companies started to withdraw A380 from their fleets due to lack of demand from passengers and high operating costs. Then COVID-19 pandemic came that caused collapse of the tourist…
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Indian airline company Air India Ltd signed agreement of intent to acquire from European aviation company Airbus SE 250 airplanes, informs Bloomberg agency. Agreement provides delivery of 210 airplanes of A320neo model and 40 wide-body A350, chairman of board of directors of Tata Group Natarajan Chandrasekaran said during online-event. In the event also participated president of France Emmanuel Macron and Indian prime-minister Narendra Modi. In…
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It is faster than expected. Chinese press media inform that airplane of local production COMAC C919 manufactured for the airline company China Eastern Airlines will start making commercial flights already on February 28th. China Eastern Airlines confirmed this but precised that certain time wasn’t determined as of yet. However, Air Travel application already contains information about the flight that has to depart from Shanghai at…
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