In a preliminary forecast released Jan. 16, Embraer expects 2020 revenue of $2.5 billion to $2.8 billion, about half of its projected consolidated revenues for both 2018 and 2019. The projected 2020 revenue is for the first year after Embraer’s “potential closure of a strategic partnership with Boeing in commercial aviation,” the company said.
Airlines and airports are warning of looming capacity freezes across Europe, after UK prime minister Theresa May’s agreement on exiting the European Union (Brexit) was overwhelmingly rejected by the UK parliament.
LOT Polish Airlines plans to begin 5X-weekly Warsaw-New Delhi services from Sept. 17 using a Boeing 787 in a three-class configuration, its first route to India.
A federal judge on Jan. 15 declined to issue a temporary restraining order sought by the National Air Traffic Controllers Association (NATCA) to compel the U.S. government to pay controllers who are required to work during the current funding shutdown.
A new master agreement between Boeing and leading aerostructures supplier Spirit AeroSystems (SPR) is expected to be signed this month that should resolve penalty payments over 737 production delays in 2018.
Delta Air Lines on Jan. 15 reported fourth-quarter 2018 revenue of $10.7 billion, up 5% year-over-year, but warned of revenue slowing due to the partial federal government shutdown that started in late December.
Some U.S. airports are warning of terminal closures and longer wait-times at Transportation Security Administration (TSA) screening lanes as the U.S. partial federal government shutdown—now the longest in history—shows no sign of ending soon.
FAA will soon publish a proposed regulation that would allow flights of small drones for commercial purposes at night and over people under certain conditions.
A new strategy document outlines rapid growth projections and ambitious goals for India’s civil aviation industry over the next 20 years, as well as challenges and recommended steps.
The consortium seeking to acquire Flybe has increased its offer by £600,000 ($771,000) and agreed to immediately provide £10 million to improve the struggling UK regional carrier’s liquidity, after it was revealed the conditions for the original bridge loan facility could not be met.
A220 Partnership CEO Philippe Balducchi says Airbus now has “a very good understanding of the cost base“ of the aircraft, but discussions with suppliers are still ongoing.
UK-based Hybrid Air Vehicles (HAV) is a step closer to launching its Airlander 10 heavy-lift platform now that the CAA has granted Production Organization Approval (POA).
Emirates plans to ground up to 48 aircraft during the expected closure later this year of one of the two runways at its home hub, Dubai International Airport.
TUI Group’s UK airline has launched an investigation into an incident in which three passengers with paid tickets, seat assignments and boarding passes had to sit on the aircraft floor because their seats did not exist.
UK regional carrier Flybe will raise £4.5 million ($5.8 million) from a London Gatwick Airport slot transaction with Spain-based International Airlines Group LCC Vueling.
Lufthansa Group airlines carried 142 million passengers in 2018—a record for the Germany-based company—despite thousands of canceled summer flights and delays.
