July 28, 2020 5:00 am ET
June 2, 2020 8:00 am ET -
Potential International Partnerships Arise For Embraer After Boeing Fallout
Brazilian planemaker Embraer confirmed Monday that it has entered talks with at least two potential new partners after its previous deal with American manufacturing giant Boeing fell through. Embraer CEO Francisco Gomes Neto said that his company is negotiating with…
May 20, 2020 1:48 pm ET -
Chinese Government-Backed Lessor Takes Stake in Norwegian Air
Amid the coronavirus pandemic, revenue sources of most airlines are petrified, thus forcing them to struggle to maintain the survival of their business. BOC Aviation, a global aircraft leasing company and a subsidiary of the state-owned Bank of China, has…
May 10, 2020 5:00 pm ET -
Looking Forward: Embraer’s Uncertainty Continues Weeks After Boeing Fallout
Last month it was reported that the deal between Boeing and Embraer had fallen apart. It wasn’t a tiny agreement, but rather a huge joint venture worth over $4 billion. The venture was a strategic play by Boeing and Embraer…
April 1, 2020 2:43 am ET -
Getting Creative: Aegean Airlines Converts Fleet to Cargo Aircraft
As airlines deal with a sharp decline in air travel demand and closed borders, they are becoming creative in finding new ways to keep their aircraft flying. On March 26, Aegean Airlines temporarily suspended its international network until April 30…
February 26, 2020 1:03 pm ET -
Lufthansa Suspends New Hires, Offers Unpaid Leave to Limit Coronavirus…
Over the last few weeks, airlines across the world have axed capacity to China as a response to limit the Coronavirus outbreak to other regions of the globe. With a significant hike in the number of cases in Italy and…