Shares of Brazilian aircraft manufacturer Embraer plummeted 12% on Thursday, after the company's Q4 earnings and 2016 guidance missed expectations. This cut its market cap to less than $5 billion. Embraer's defense business was under pressure throughout 2015 as the Brazilian government has been coping with a budget crisis. Its executive jet business has also fallen on hard times, due to...
With International Women’s Day round the corner, India’s national carrier airline, Air India, is all set to make history. Celebrating the power of women, the flight AI 173 that’ll take the non-stop Delhi-San Francisco route will set a record for being the world’s longest all-women operated and supported flight. The flight that departs from New Delhi on March 6 at 0235 hrs w...
A fairway is often considered a golf hole's runway, a desired approach destination for one's ball flight. However, on a Florida golf course Saturday afternoon, the short stuff became a literal airstrip for a plane making an emergency landing. The St. Petersburg Police Department said that, on its way from Lakeland to Manatee County, a 1939 Taylor Craft fixed-wing airplane suffered mecha...
The U.S. airline Delta Air Lines plan to resume flights to the Russian Federation starting from May 16 this year, the company’s local representative Leonid Tarasov told TASS Friday. "We have flights from Sheremetyevo scheduled for May 16, and plan to launch them starting from that date," he said. Delta plans flights from Moscow to New York from Sheremetyevo’s Terminal D...
Boeing-owned parts distributor and service provider Aviall is seeing strength in every segment, buoyed by improved efficiencies as a result of implementing a new SAP enterprise resource planning system two years ago. “The results of this investment were evident in record fourth quarter sales and shipments,” said Ed Dolanski, recently promoted to president of Global Services a...
RUAG Aviation is on a demo tour with the Dornier 228 in Latin America. The aircraft will visit ten countries in 56 days. The tour will cover over 40,000 kilometers, allowing potential customers to examine the aircraft. “During the tour we’re expecting important visits from local airlines, mining companies and representatives from various armed forces and governmental entities,&rdquo...
“Nothing great in the world has ever been accomplished without passion.” This quote is from the German philosopher G.W.F. Hegel and adorns the website of Austria’s largest private jet operator, Avcon Jet. Any company that quotes philosophy on its home page must be a serious player in the aviation business. The firm has 23 jets available for charter, eight of which it owns. Add...
Boeing delivered 55 commercial aircraft to 23 airlines, six lessors and one unidentified customer in February. Airbus had 46 commercial aircraft deliveries to 29 airlines and two lessors during the month. Year-to-date, Boeing has delivered a total of 104 commercial aircraft, compared to Airbus’ 68 total deliveries as of Feb. 29, 2016. February commercial aircraft orders were relatively...
The families of 12 passengers aboard missing Malaysia Airlines flight MH370 filed suits against the airline on Friday before a two-year deadline for legal action expires. MH370 disappeared en route to Beijing on March 8, 2014, with 239 passengers and crew on board. Multiple suits have been filed in the United States, Australian, Chinese and Malaysian courts in the past few weeks and more are...
BY DAVID PARKER BROWN Honeywell recently reached out and let me know that their Boeing 757 would be parked at Paine Field (north of Seattle) overnight. They asked if I’d like to take a tour before it departed back to Phoenix. Um… yes please! The third engine on the side of the 757, with a B-52 in the background The rain partly cleared as I arrived and the first obvio...
Iran has invited U.S. planemaker Boeing Co to Tehran to discuss purchasing jetliners aimed at revamping its aging fleet hit by decades of sanctions imposed on the Islamic Republic, state TV reported on Friday. In February, Iran's deputy transport minister Asghar Fakhrieh Kashan told Reuters the country was ready to buy at least 100 jets from Boeing. Boeing said it was assessing the ste...
A Boeing 777-200LR now flies the longest flight in the world, an 8,819-mile trip between Dubai and Auckland, New Zealand. Emirates began the service on Wednesday with an AirbusA380 in order to celebrate the milestone, but switched the next day to the Boeing aircraft. The Boeing 777 now flies seven of the 10 longest flights in the world, according to a list compiled b...
