While the coronavirus continues to take a toll on airlines worldwide, David Neeleman’s Breeze Airways has had a stroke of good luck. In August, the company secured $83 million in Series A financing from Peterson Partners and Sandlot Partners. This brings the carrier’s total funding to over $100 million and brings it closer to its 2021 launch goal. Breeze’s fleet will include Embraer E190/195 aircraft leased from Azul Airlines, one of Neeleman’s other business ventures, and 60 A220-300 jets ordered…
Aviation is an ever-evolving industry, more so now than ever. Airlines are changing schedules by the day and placing aircraft into storage as the sector has taken an unprecedented tumble due to the COVID-19 pandemic. The jarring slump in air travel demand has left aircraft around the world virtually empty…
Alliance Airlines, an Australian operator based in Brisbane, is getting 14 Embraer E190 E-Jets for $80 million, including six spare engines, a full flight simulator and other training-related equipment. The deal includes the option for five additional aircraft to be provided by Azorra Aviation, a Florida-based lessor, per The Australian.…
United Airlines and ExpressJet, a regional airline that operates under the United Express brand, have announced that United is dropping its contract with ExpressJet by the end of 2020, per an internal ExpressJet email to employees obtained by AirlineGeeks. “As you may be aware, United made a strategic decision to…
According to Financial Post, a U.S. judge has granted Mexican airline Aeroméxico the right to return at least 19 leased aircraft and 4 engines as part of its bankruptcy restructuring process, according to court documents published on Thursday. The aircraft that will be returned are five Boeing 737-800, five Boeing…
In the aftermath of the failed joint venture with Boeing, the industry was expecting management moves within Embraer Commercial Aviation. One of these steps finally arrived Monday when the Brazilian builder announced that Arjan Meijer is appointed as the division's new CEO, effective immediately, reporting to Francisco Gomes Neto, Embraer…
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 companies in China, India and “others.” The Chinese state-owned manufacturer…
One of the fallouts of the recent few months has been the rapid acceleration of retirements of aircraft that airlines believed were going to withstand a few more years. Peel back the emotional retirements like McDonnell-Douglas MD-80s and Boeing 747s and you will find some other noteworthy names fading into…
Azul, Brazil's third-largest airline, announced today it had reached an agreement with Embraer to postpone the delivery of 59 Embraer E195-E2s it planned to receive between 2020 and 2023. By the amended deal, these jets will be delivered starting from 2024 only. This deal comes as another measure taken by…
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 to compete against Airbus in the small aircraft market after…
