Paulo Cesar de Souza e Silva will step down as chief executive of Embraer on April 22, and an unidentified, external successor will be named on or before then, the Brazilian manufacturer announced late March 18.
India’s Jet Airways has grounded more aircraft because of lease payment defaults, as the carrier remains in financial limbo awaiting a restructuring deal.
Embraer anticipates announcing progress in sales of its E2 range of regional jets to Middle East airlines “within a month or two,” according to its general manager, special projects, Middle East and Africa.
Saudi Arabian LCC flyadeal intends to keep its existing fleet of Airbus A320ceos in operation despite its order for Boeing 737 MAX 8 aircraft, the carrier’s CEO said at this week’s Saudi Airshow in Riyadh.
Hanover, Germany-based TUI Group's grounding of its Boeing 737 MAX 8 fleet will cost the company about €3 million ($3.4 million) per week, European analysts say.
Saudi Arabian Airlines (Saudia) CEO Jaan Albrecht told ATW the carrier is evaluating a major widebody order within the next six months—which could be either an Airbus A350 or Boeing 787—and is considering new long-haul routes to North America.
Garuda Indonesia and LCC Lion Air are reconsidering Boeing 737 MAX orders following the Ethiopian Airlines ET302 crash March 10 that killed 157 people soon after takeoff from Addis Ababa, and the worldwide grounding of the type.
Embraer delivered 90 commercial aircraft last year, the manufacturer confirmed March 14, in line with what the company advised in January, but its financial results for 2018 and expectations over closing two Boeing mergers left analysts and investors underwhelmed.
The global grounding of Boeing 737 MAX aircraft is causing major operational headaches for many Asia-Pacific airlines, as they scramble to adjust their schedules to replace MAXs.
Boeing quietly debuted the 777-9, the first member of the 777X family, to employees at an event closed to the media at Everett, Washington, on March 13.
The FAA, relying on refined satellite tracking data and new physical evidence that more closely links two crashes of Boeing 737 MAX 8s, grounded Boeing’s newest narrowbody March 13, with immediate effect.
European operators are replacing grounded Boeing 737 MAXs with other aircraft in their fleets as well as looking to lease additional capacity following a ban on operating the type in the region.
The Association of Asia Pacific Airlines (AAPA) is urging for more clarity in a timely manner from FAA and Boeing on the proposed modifications on the Boeing 737 MAX so that regulators and airlines can make sound judgments and instill confidence.
The FAA is pressing on with planned changes to Boeing 737 MAX aircraft stemming from the October 2018 Lion Air flight JT610 crash, but has not seen evidence from the recent Ethiopian Airlines MAX 8 crash to take additional steps, such as the precautionary groundings around the globe.
Several US senators are urging the FAA to follow the lead of countries including China, Germany and France by temporarily grounding all Boeing 737 MAX 8s, following the deadly crash of Ethiopian Airlines flight ET302 on March 10.
Boeing 737 MAX groundings started less than 24 hours after Ethiopian Airlines flight ET302, a three-month-old 737 MAX 8, crashed six min. after takeoff from Addis Ababa in clear weather March 10.
