Embraer quadruples its losses in 2019, to more than 198 million

The aeronautical company Embraer recorded adjusted losses of $ 217.5 million (198.8 million euros) in 2019, four times above the 54.2 million dollars (49.55 million euros) last year. The company increased its revenue by 7% in its last fiscal year, to 5,462.6 million dollars (4,993 million euros), compared to the previous one, as reported by […]

Airbus confirms 138 coronavirus positives among its workers in Spain and 820 in quarantine

There are also 21 positives and 161 quarantined workers from subcontractors working in the factories. The aeronautical manufacturer Airbus has confirmed 138 positive cases of coronavirus among its employees at work centers in Spain, while 820 workers are in quarantine for presenting symptoms (147) or for having been in contact with a family member or […]

Bombardier temporarily halts production of planes and trains in Quebec and Ontario due to coronavirus

Canadian manufacturer Bombardier has announced on Tuesday the suspension of all non-essential work in most of its Canadian-based operations until April 26, including the production of airplanes and railroads at its factories in Quebec and Ontario, Canada. In addition, the company has suspended its 2020 financial perspectives while evaluating the impact of the temporary closure […]

easyJet will land the majority of its fleet from March 24

It will operate a maximum of 10% of its capacity on UK routes easyJet has announced that it will leave most of its fleet ashore from March 24, operating a maximum of 10% of its capacity in minimum services, due to travel restrictions implemented by European countries. The airline has indicated that it will continue […]

Boeing asks for more than 54,000 million to the USA to face the coronavirus

Boeing has requested aid from the United States Government of at least 60,000 million dollars (54,600 million euros) for the company and its suppliers in order to face the choroanvirus crisis. The aeronautical manufacturer, which employs 2.5 million people and works with 17,000 suppliers, has indicated that this aid would be «important» to bridge the […]