Saudi Arabia’s National Industrial Development Center (NIDC), AHQ Group and Brazilian aerospace giant Embraer have signed a Memorandum of Understanding (MoU) to develop a joint strategy for growing the Kingdom’s aerospace ecosystem. The agreement, inked at the Future Aviation Forum in Riyadh on May 21, 2024, will see the parties discuss the adoption of Embraer
The International Air Transport Association (IATA) has called for urgent action to deepen the understanding of the formation and climate impact of aviation contrails in order to develop effective mitigation measures. In a newly released report titled “Aviation Contrails and their Climate Effect: Tackling Uncertainties and Enabling Solutions”, IATA highlights the complexity of contrail science,
The global airlines sector faces both physical and transitional risks due to climate change, with the sector preparing to undergo a major technological transformation in the medium to long term to achieve net-zero emissions targets, according to a commentary by Morningstar DBRS. While global air travel contributes 2.8% of global carbon emissions and around 12%
Embraer, the Brazilian aerospace manufacturer, has announced plans to invest approximately $390 million and hire an additional 900 employees in Brazil during the current year. The announcement was made during a visit by Brazilian President Luiz Inácio Lula da Silva to the company’s headquarters in São José dos Campos. The investment and hiring initiative aims
AURA AERO, a pioneer in low-carbon aviation, has announced that Norges Luftsportforbund, the Norwegian air sports federation, has become the first Norwegian customer for its electric two-seater aircraft, INTEGRAL E. The agreement was signed at AERO Friedrichshafen 2024, with the federation set to operate the electric aircraft for towing gliders at its national gliding center
Embraer, the Brazilian aerospace company, and AICAT (Austrian Industrial Cooperation & Aviation Technology) have signed a Memorandum of Understanding (MoU) to enhance international cooperation in the aerospace sector. The MoU, signed on April 18, 2024, at Embraer’s headquarters in São José dos Campos, Brazil, aims to strengthen Embraer’s existing relationships in Austria while exploring new
