Brazillian planemaker Embraer has reported a 12 per cent increase in its aircraft backlog in its second-quarter financial results and delivered four of its new E195-ES aircraft.
United Airlines has released its second-quarter financial results, reaching a ‘turning point’ as chief executive Scott Kirby expects to be profitable by next quarter. The airline reported a US$1.3 billion net loss in Q2 2021, a sizeable improvement over its first quarter net loss of US$2.4 billion. Despite its overall financial results sitting 52 per cent
European planemaker Airbus has delivered its first wide-body A350 aircraft from its Tianjun plant to China Eastern Airlines, as part of its expanding ‘global footprint’ in east Asia.
According to Cathay, much of the affected crew have not been able to fly in over a year, due to subdued demand for international travel, and ongoing border closures.
The cargo jet took off from Toulouse in France, commencing its initial flights before it takes over from the previous iteration, which has operated since 1994.
While the airline’s revenue remains 40.5 per cent lower than pre-pandemic levels, the business said it is now on a rapid track to recovery, especially as it fends off potential bankruptcy.
