Embraer backlog reached the highest level over past 7 years and deliveries increased 67% in 1Q24

Strong overall backlog volume of US$ 21.1 billion (+13% QoQ) American Airlines placed a firm order for 90 E175 jets Commercial Aviation backlog rose US$2.3 billion (+26% QoQ) 1Q Executive Aviation deliveries were the highest of the last 8 years SÃO JOSÉ DOS CAMPOS, Brazil, April 19, 2024 /PRNewswire/ — Embraer (NYSE: ERJ; B3: EMBR3) delivered 25 … Read more

Avelo Airlines Joins UConn Victory Parade

Airline celebrates the Huskies NCAA men’s basketball championship with $ 32 off Avelo fares for all Customers and a ticket giveaway with Hartford.com. HARTFORD, Conn., April 13, 2024 /PRNewswire/ — Avelo Airlines will join nearly 50,000 fans to congratulate the University of Connecticut Men’s basketball team as a sponsor at today’s victory parade in Hartford.  … Read more

Korean Air, la plus grande compagnie aérienne de Corée du Sud, choisit Ramco Aviation

Signature d’une transaction de plusieurs millions de dollars pour accélérer la transformation technologique de son nouveau complexe de maintenance de moteurs – la plus grande installation de maintenance des moteurs d’Asie CHICAGO, 12 avril 2024 /PRNewswire/ — Le spécialiste mondial des logiciels d’aviation, Ramco Systems a annoncé sa collaboration stratégique avec Korean Air, un transporteur national de … Read more

Aero-Engine Coating Market size to increase by USD 118.35 million between 2022 to 2027, Market Segmentation by Application and Geography, Technavio

NEW YORK, April 12, 2024 /PRNewswire/ — The global aero-engine coating market size is estimated to grow by USD 118.35 million from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of almost 5.73% during the forecast period. The aero-engine coating market faces challenges due to the criticality and time-consuming … Read more

South Korea’s Jin Air Installs Komy’s Aircraft Mirrors

KAWAGUCHI, Japan, April 12, 2024 /PRNewswire/ — Jin Air Co., Ltd., a low-cost carrier (with an identifier of LJ/JNA) based in Seoul, South Korea, reached an agreement with Komy Co., Ltd. headquartered in Kawaguchi, Saitama Prefecture, Japan, to install KomyMirror in the overhead stowage bins for Jin Air’s fleet of 22 aircraft. Jin Air just … Read more

Airport Non-Aeronautical Revenue Market, 29% of Growth to Originate from APAC, Technavio

NEW YORK, April 10, 2024 /PRNewswire/ — The global airport non-aeronautical revenue market size is estimated to grow by USD 35045.11 million from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 7.88% during the forecast period. APAC held the largest share of the global market in 2022, and the market … Read more

Technological Integration for Smart Airports, Upgrades in Air Traffic Management Systems and Adoption of Modular Construction Techniques Propel Market Growth

DUBLIN, March 5, 2024 /PRNewswire/ — The “Airport Construction Global Market Report 2024” has been added to  ResearchAndMarkets.com’s offering. The airport construction market size has grown steadily in recent years, from $1190.24 billion in 2023 to $1214.67 billion in 2024 at a compound annual growth rate (CAGR) of 2.1%. Historical growth can be attributed to globalization’s … Read more

Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®

New Orders; Backlogs Contracting; Production; Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers’ Inventories Too Low; Prices Increasing; Exports and Imports Growing TEMPE, Ariz., March 1, 2024 /PRNewswire/ — Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of “unchanged” status (a PMI® reading of 50 percent) and … Read more

Boeing Statement on Discussions with Spirit AeroSystems

ARLINGTON, Va., March 1, 2024 /PRNewswire/ — Boeing (NYSE: BA) today issued the following statement: We have been working closely with Spirit AeroSystems and its leadership to strengthen the quality of the commercial airplanes that we build together. We confirm that our collaboration has resulted in preliminary discussions about making Spirit AeroSystems a part of … Read more

Spirit AeroSystems Confirms Discussions with Boeing

WICHITA, Kan., March 1, 2024 /PRNewswire/ — Spirit AeroSystems Holdings, Inc. [NYSE: SPR] today confirmed that it is currently engaged in discussions with Boeing about a possible acquisition of the Company by Boeing. No assurances can be given that a definitive agreement will be entered into, that any transaction will be consummated, or the timing, terms … Read more