Aircraft manufacturer Embraer delivered 206 aircraft in 2024, marking a 14 per cent increase from its 2023 total of 181. The Brazilian aerospace company shipped 75 aircraft in the fourth quarter, matching its delivery volume from the same period in 2023 and exceeding third-quarter deliveries by 27 per cent. Commercial Aviation achieved 73 deliveries for
Boeing has appointed former US Department of Defense chief information officer Dana Deasy to lead its technology and data analytics division. Deasy will take on the role of chief information digital officer and senior vice president of Information Technology & Data Analytics, effective December 31, 2024. In his new position, Deasy will be responsible for
Hanwha Aerospace has appointed Michael Coulter as its Global Defense CEO to lead the company’s international defense initiatives. The newly created position will oversee the defense operations of Hanwha Aerospace and its subsidiaries, including Hanwha Ocean and Hanwha Systems. Coulter previously served as Senior Vice President of Corporate Business Development at Leonardo DRS and President
Embraer has achieved investment grade status from Moody’s, marking the third major rating agency to upgrade the Brazilian aircraft manufacturer this year. The company’s credit rating was raised from Ba1 to Baa3 with a positive outlook. The upgrade follows similar moves by S&P Global Ratings in February and Fitch Ratings in September. “Our focus on
The aircraft leasing industry faces a stable outlook for 2025, with strong travel demand and aircraft supply constraints expected to support solid financial performance, according to a new Morningstar DBRS report. Global air travel demand remains robust, driven by leisure travel and improving corporate bookings. “We expect continuing solid growth dynamics in global aviation along
Airbus has appointed Carmen-Maja Rex as its new Chief Human Resources Officer, effective 1 April 2025. Ms Rex will join the Executive Committee and report directly to Airbus CEO Guillaume Faury. She currently serves as Human Resources Group Director at Heidelberg Materials, a global building materials manufacturer. The appointment comes as current HR chief Thierry
