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
Luís Carlos Affonso, the Senior Vice President of Engineering and Technology Development at Embraer, has been honored with the inaugural Pathfinder Award by the Aviation Week Network. This prestigious recognition comes as part of the 66th Laureate Awards, a highly anticipated annual ceremony in the aerospace industry, which took place at the National Building Museum
Brazilian planemaker Embraer has said it is in “active talks” with potential partners to develop its latest turboprop aircraft, the first it has built in over four decades. It comes after US giant Boeing axed a $4 billion joint-venture deal in April. Embraer had previously aimed to develop its latest turboprop as a part of
Embraer said on Thursday it would cut 900 jobs, around 4.5 per cent of its workforce, as a result of the cancellation of its partnership with Boeing, and the ongoing COVID-19 aviation crisis. This is in addition to the 1,600 employees who made use of the company’s various voluntary redundancy programs since the onset of
Singapore Airlines (SIA) has successfully completed a US$541 million in debt capital through a series of long-term loans, secured on a number of its Airbus A350-900 and Boeing 787-10 aircraft. With the completion of these transactions, the airline has now secured a total of US$1.19 billion from secured financing since the beginning of the 2020-21
Brazillian aerospace conglomerate Embraer has announced its delivery results for the second quarter of 2020, in which the company delivered a total of 17 jets to clients around the globe. Of these, just four were commercial aircraft, with the remaining 13 deliveries being executive jets – nine light and four large. Commercial deliveries are slightly
