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Embraer Fiscal Year Financial Results ‘Below Expectations’

Embraer delivered its financial results for the year 2019 which some analysts consider to be below expectations. This will add to the fact that the joint venture with Boeing is now delayed as the European Union says it sees a…

Airbus Pays Huge Settlement in Bribery Case

The long-running probe into Europe’s largest aerospace manufacturer has come to an end and it’s not looking good for Airbus. The European manufacturer has been ordered to pay a record $4 billion to settle allegations of widespread illicit payments to…

Airbus Exceeds Aircraft Delivery Forecast in 2019

Reuters has reported that 863 Airbus aircraft were delivered to customers in 2019 exceeding the manufacturer’s forecast target for aircraft deliveries. The news agency is citing ‘airport and tracking sources’ for the unaudited figure which the European manufacturer refused to…

Airbus Ends October on a Strong Note

Airbus had a strong October and looks to be finishing off the year on a solid note, albeit a slight reduction in expected aircraft to be delivered. The airplane manufacturer clocked in a series of wins in October that left…

Boeing Rolls Out 10,000th 737, Claims New Guinness World Record

In a celebration held in Renton, Wash., Boeing officially rolled out its 10,000th 737 aircraft, which is destined to be delivered to Southwest Airlines. This milestone for the aircraft manufacturing giant marks a new Guinness World Records title for the…