The new majority shareholder of French long-haul focused airline Corsair, Intro Aviation, plans to revamp the carrier’s fleet, switching to an all-Airbus formation and increasing the fleet to 13 aircraft by 2023 to reduce costs and drive growth.
Embraer’s John Slattery will be the first CEO of the Boeing-Embraer commercial aircraft joint venture (JV) the manufacturers expect to launch by the end of the year, reporting to Boeing’s Marc Allen, who will take a new position in charge of Boeing’s JVs with Embraer, the companies announced March 20.
Despite the crashes of two Boeing 737 MAX 8s in five months, Qatar Airways Group CEO Akbar Al Baker says his confidence in the aircraft and the manufacturer remains unchanged.
Avianca is canceling orders for 17 Airbus A320neo family aircraft and deferring delivery of 35 more by at least seven years, the Colombia-based airline said March 15.
Air Canada has pulled the Boeing 737 MAX from its schedule until at least July 1, and has reshuffled its schedule and aircraft assignments to accommodate the capacity reductions.
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.
