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☆ China renamed its homegrown regional airliner to better sell it abroad. Here's how it compares to its closest rival.
▼ + stars: | 2024-11-17 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

The C909's closest competitors in size and range are the Brazilian-made Embraer E190-E2 and E195-E2. China's state-owned planemaker, the Commercial Aircraft Corporation of China, better known as Comac, has rebranded its regional aircraft to better compete with Airbus, Boeing, and Embraer. AdvertisementEmbraer's larger planes can carry more peopleComac data shows the C909 seats five abreast and can carry 78 passengers in two classes (or up to 97 in a high-density configuration). The Embraer E190-E2 has a shorter range than its sister jet. For example, Virgin Australia agreed to buy eight E190-E2 aircraft in August.

Persons: Comac, Yin Liqin, it's, Chen Duo, Syme, Pratt, Whitney's, Grinsven, Canada's, Cirium Organizations: Airbus, Boeing, Embraer, Commercial Aircraft Corporation of China, Jets, China News Service, Getty, TransNusa, Getty Images China Southern Airlines, Airlines, Royal Jordanian Airlines, Canada's Porter Airlines, Comac, Reuters, Hainan Airlines, Porter Airlines, Colorful Guizhou Airlines, Virgin Australia Locations: Brazilian, China's, China, Europe, Guangzhou, Indonesian, Manado, Amman, Western Europe, Toronto, Los Angeles, Hainan, Zhuhai

☆ New Chinese stealth fighter to take center stage at China’s biggest airshow
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

China’s new J-35A stealth fighter jet will be displayed for the first time next week at the country’s biggest civil and military airshow, a biennial event where Beijing showcases its expanding aerospace industry. The J-35A, which uses airstrips to take off and land, is a variant of the J-35, a stealthy aircraft China is developing for use on aircraft carriers. Diplomats and security analysts have closely watched the evolution of J-35 variants given the importance of the plane to China’s aircraft carrier program, which seeks to expand jets’ range and payload to project power beyond China’s home waters. Monday marks the 75th anniversary of the PLAAF, which will have its largest presence at the airshow, according to Xinhua, China’s state-run news agency. This year’s Zhuhai airshow is its first post-pandemic edition since Beijing lifted its zero-Covid policy and travel restrictions in 2023.

Persons: Donald Trump, Lockheed Martin, China’s, Kelly Ortberg, COMAC Organizations: China International Aviation, Aerospace, ”, People’s Liberation Army Air Force, Shenyang Aircraft Corporation’s, SU, Lockheed, People’s Liberation Army, Diplomats, Airbus, Embraer, Boeing, Industry, U.S Locations: Beijing, Greater Bay, Zhuhai, Taiwan, South China, China, Russia, West, Xinhua, China’s

☆ See inside a $23 million private jet that Fortune 500 companies or wealthy travelers can split to fly cheaper
▼ + stars: | 2024-10-19 | by ( Taylor Rains | ) www.businessinsider.com time to read: +2 min

I toured one of Flexjet's $23 million Embraer Praetor 600s. AdvertisementOwning a private jet is financially impossible for most people. But there's another way to fly private that can be much more accessible: fractional ownership. Among Flexjet's most recent additions to its US portfolio is the $23 million Embraer Praetor 600. AdvertisementBusiness Insider toured a Flexjet Praetor 600 at Westchester County Airport in New York on Wednesday to see what it offers customers.

Persons: Flexjet, — Organizations: Service, Embraer, Sikorsky, Bombardier Challengers, Gulfstream, Westchester County Airport Locations: US, New York

☆ Embraer CEO says jet maker studying possibilities for a new aircraft
▼ + stars: | 2024-10-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May 30, 2022. Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. A new airplane could help the airplane manufacturer compete with much larger rivals Airbus and Boeing , which deliver hundreds of jets a year compared with Embraer's dozens of aircraft. But Gomes Neto noted that no decisions have been made yet. In the meantime, Gomes Neto said Embraer is focused on improving results and selling its regional planes, which won orders earlier this year from American Airlines , manufacturing its E2 jet and "delivering what we promise" customers.

Persons: Francisco Gomes Neto, Sao Jose dos Campos, Gomes Neto Organizations: Embraer, Embraer Media, Embraer SA, CNBC, Airbus, Boeing, American Airlines Locations: Sao Jose, Brazil, Brazilian

An American Airlines' Embraer E175LR (front), an American Airlines' Boeing 737 (C) and an American Airlines' Boeing 737 are seen parked at LaGuardia Airport in Queens, New York on May 24, 2024. American Airlines is in talks to make Citigroup its exclusive credit card partner, dropping rival issuer Barclays from a partnership that dates back to the airline's 2013 takeover of US Airways, said people with knowledge of the negotiations. Banks' co-brand deals with airlines, retailers and hotel chains are some of the most hotly contested negotiations in the industry. Carriers have said growth in card spending has far exceeded that of passenger revenue in recent years. While it says it has the largest loyalty program, American was out-earned by Delta there, which made nearly $7 billion in payments from its American Express card partnership last year, compared to $5.2 billion for American.

Persons: Banks Organizations: American Airlines, Embraer, Boeing, LaGuardia Airport, Citigroup, Barclays, US Airways, Consumer Financial Protection, Delta, American Express Locations: Queens , New York

☆ A push toward sustainable jet fuel is leaving investors with unanswered questions
▼ + stars: | 2024-09-17 | by ( Jenni Reid | ) www.cnbc.com time to read: +8 min

Bloomberg | Bloomberg | Getty ImagesThe aviation industry still sees so-called "sustainable aviation fuel" (SAF) as the only viable way to meet its decarbonization targets, even as opposition and the potential for higher costs for passengers pose obstacles to the fast-growing sector. SAF is a broad term describing fuel that is burned by an aircraft engine, but instead of using kerosene is derived from more sustainable sources. The planemaker said it is collaborating with producer HIF Global on the development of methane-based fuels, and investing in alcohol-to-jet fuel producer LanzaJet. But IATA's own forecast for SAF production to triple in 2024 to 1.9 billion liters would cover just 0.53% of aviation fuel demand for the year. "The truth is, it's going to be more expensive, you can't really sugarcoat that," said HIF Global's Clara Bowman.

Persons: Neste, HIF, Buzz, Lauren Riley, Riley, Rick Nagel, You've, Clara Bowman, Bowman, United's Lauren Riley, HIF Global's Clara Bowman Organizations: SAF, Bloomberg, Getty, United Airlines, Chicago O'Hare International, Labour, Airbus, Farnborough Air, CNBC, International Air Transport Association, Acorn Capital Management, Porsche, HIF, Union's Renewable Energy Directive, Biden, Boeing, Google, Embraer Locations: Singapore, Chile, Texas, U.S, America

☆ See inside the Brazilian C-390 Millennium that Boeing once wanted to buy but now doesn't have an answer to
▼ + stars: | 2024-09-08 | by ( Taylor Rains | Pete Syme | ) www.businessinsider.com time to read: +1 min

Boeing once wanted to buy a stake in Embraer's C-390 Millennium military aircraft. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBoeing doesn't have an answer to US aerospace company Lockheed Martin's C-130 Hercules military plane — but it used to.

Persons: —, Lockheed Martin's Organizations: Boeing, Embraer's, Service, Lockheed, Brazilian, Embraer, Business

☆ Here are 4 things we're watching closely in the stock market this week
▼ + stars: | 2024-08-04 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stocks had a rough week, topped off with a pummeling Friday after the July jobs data came in weaker than expected. Until then, bad economic news was good news for the stock market, because it meant the Federal Reserve would start cutting interest rates sooner. On Thursday, a drop in U.S. manufacturing activity for July and a jump in initial jobless claims dragged down the market. Next week is light on economic data, so expect earnings reports and CEO commentaries to drive the market action. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, Dow Jones, Jim Cramer, would've, Eli Lilly, Mounjaro, Berkshire Hathaway, Krystal, Tyson, BAX, Owens, Walt, Oscar Health, CRON, Krispy, Papa, Jim Cramer's, Jim Organizations: Nasdaq, Dow, Reserve, Broadcom, Devices, Palo Alto, PMI, Wynn Resorts, Investors, Wynn, Wynn Palace, U.S . Disney, Management, and Drug Administration, Carlyle Group, Krystal Biotech, Tyson Foods, TSN, Alpha Metallurgical Resources, BioCryst Pharmaceuticals, Axsome Therapeutics, Technologies, Clover Health, Realty Income Corp, Avis Budget Group, CSX Corp, CSX, Simon Property Group, Sterling Construction Company, Teradata Corp, Yum China Holdings, ZoomInfo Technologies, Holdings, Caterpillar, Baxter International, Vulcan Materials Company, Allegheny Technologies Incorporated, Constellation Energy Group, Marathon Petroleum Corp, Owens Corning Inc, Duke Energy Corp, GXO Logistics, Brands, Builders, Wynn Resorts Ltd, WYNN, Rivian Automotive, Devon Energy Corp, GigaCloud Technology Inc, Lumen Technologies, VF Corp, Walt Disney Co, Novo Nordisk, CVS Health, Aurora Cannabis Inc, Emerson Electric Co, Sony Group Corporation, SONY, Inc, ODP Corporation, Icahn Enterprises, MannKind Corp, ACM Research, Brink's Company, AppLovin Corporation, Digital Turbine, Sarepta Therapeutics, Occidental Petroleum Corp, Bros, SolarEdge Technologies, Aspen, Coeur D'Alene Mines Corp, Co, Vistra Energy, Cheniere Energy, Cronos, Himax Technologies, Properties Trust, Papa John's, Paramount Global, Trade, Lab, B2Gold Corp, Honest Company, Gilead Sciences, Growth, Nikola Corporation, Embraer, New Fortress Energy, Construction, Jim Cramer's Charitable, CNBC, Disney, Pixar Locations: Palo, Macau, Las Vegas, Boston, Vegas, Wynn Macau, China, Novo, Coeur, Gilead

Pitching the C-390 in the USA C-390 aircraft flies during an air show. Pete Syme/Business InsiderWhile there haven't been any public negotiations by the Pentagon to add any C-390s to its fleet, Embraer has made moves to pitch the plane to the US market. In an inaugural visit earlier this year, the Brazilian defense firm showcased the C-390 at its facilities in Melbourne, Florida, to "an important and diverse audience," the company said in a March statement. According to a press release, the event hosted a "diverse guest list of government authorities, military officials, prospects, and partners" and featured the A-29 Super Tucano, a turboprop light attack aircraft flown by some South American militaries. The Embraer president da Costa Jr. said the A-29 was built "just hours away in Jacksonville, Florida," hinting that the C-390 could be manufactured in the US as well — a common requirement for foreign aircraft operated by the US military.

Persons: Pete Syme, da Costa Jr Organizations: Pentagon, Embraer Locations: Melbourne , Florida, Jacksonville , Florida, Florida

☆ Embraer CEO: We don't have any plans to go to a bigger aircraft
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmbraer CEO: We don't have any plans to go to a bigger aircraftFrancisco Neto, Embraer CEO, joins 'Squawk on Street' to discuss how their company is doing regarding business, whether they are in the mood to compete with Boeing with bigger aircraft, and more.

Persons: Francisco Neto Organizations: Embraer, Boeing

☆ See inside the $21 million Embraer Praetor 600, one of the most advanced midsize private jets on the market
▼ + stars: | 2024-07-14 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

The Embraer Praetor 600 is a $21 million super-midsize business jet. See inside the $21 million aircraft that's fully fly-by-wire and has touchscreen cabin controls. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Embraer, Service, Airbus, Boeing, Business

☆ Amsterdam’s Schiphol Airport: Person dies after falling into airplane engine
▼ + stars: | 2024-05-30 | by ( Caitlin Danaher | Rosanne Roobeek-Coppack | ) edition.cnn.com time to read: +2 min

CNN —A person has died after falling into an airplane jet engine at Schiphol Airport in Amsterdam, the Netherlands, on Wednesday. “We are currently taking care of the passengers and employees who witnessed the incident at Schiphol,” KLM added on Wednesday. Schiphol Airport, which is one of Europe’s busiest aviation hubs, described the event as a “horrible incident” in a post on X. In December 2022, an airport worker died in an accident at the Montgomery Regional Airport in Alabama after also being ingested into the engine of an aircraft. And in December 2015 an engineer at Mumbai airport died after being sucked into the engine of an Air India plane.

Persons: Michel van Bergen, ” Organizations: CNN, Schiphol, Netherlands Royal Military, KLM, ” KLM, Montgomery Regional Airport, Embraer, Envoy, National Transportation Safety, Air, Airbus, Air India Locations: Amsterdam, Netherlands, Schiphol, Billund, Denmark, Alabama, Mumbai, Air India

☆ A witness described a 'hellish noise' when a person was killed in a plane's engine — the 2nd incident of its kind this year
▼ + stars: | 2024-05-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A person died after getting caught in an engine at Amsterdam Schiphol Airport. The incident is the second well-documented case of a death involving a plane engine in 2024. AdvertisementA person has died after ending up in a plane's engine at Amsterdam Schiphol Airport on Wednesday. "A fatal incident took place at Schiphol today during which a person ended up in a running aircraft engine," the airline said in a statement. In January, a 30-year-old man died after climbing inside a Delta Air Lines plane's engine at Salt Lake City airport.

Persons: —, It's, De Telegraaf, Rintel Organizations: Amsterdam Schiphol Airport, Service, Embraer, KLM, Business, Dutch Royal Military Police, Delta Air Lines, Security, American Airlines Locations: Amsterdam, Billund, Denmark, Schiphol, Salt Lake City

☆ These innovative airline cabin concepts could be the future of flying
▼ + stars: | 2024-05-29 | by ( Francesca Street | ) edition.cnn.com time to read: +6 min

Welcome to the future of aviation – at least according to the 2024 Crystal Cabin Awards. Courtesy QantasCaroline Oxley, who works for the Crystal Cabin Award Association, tells CNN Travel this year’s finalists share a “more democratic approach” to improving the passenger experience. This year’s winner of the “sustainable cabin category” was Diehl Aviation for their “ECO Sidewall” – a greener take on an airplane wall. The winners of this year’s Crystal Cabin AwardsWinner Cabin Concepts: Factorydesign, Coop. Qantas Airways Ltd “The Wellbeing Zone”Winner IFEC and Digital Services: Thales Avionics “FlytEdge”Winner Sustainable Cabin: Diehl Aviation “ECO Sidewall”University winners: Tongji University, Coop.

Persons: whittling, Diehl, Qantas Caroline Oxley, Oxley, AirPRO, DesignBüro Stühmer, Scholz, intriguingly, Crystal, BermudAir, theCUBE, Dupont “ Organizations: CNN, Germany CNN, Aircraft, Diehl Aviation, Qantas, Accenture, Schroth Safety, ”, Tongji University, University of Sao, Embraer, Sao Paolo, University of Virginia Tech, Boeing, Collins Aerospace, Wheelchair, Safety, Coop, Qantas Airways Ltd, Digital Services, Thales Avionics “ FlytEdge, Aviation, Sidewall ” University Locations: Hamburg, Germany, Sydney, London, New York, Shanghai, University of Sao Paulo, Brazil, Coop

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ An Alaska Airlines passenger has watched his lost AirTag fly between 37 cities for months after it fell out of his bag
▼ + stars: | 2024-04-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Éric Béteille said his AirTag has been stuck in the cargo space of an Alaska Airlines plane. In a Facebook post, Éric Béteille said his AirTag fell out of his luggage tag on an Alaska Airlines flight last July — and is now stuck in the plane's cargo space. One of Éric Béteille's Facebook posts. FacebookBéteille — whose LinkedIn profile says he is a principal content designer at Meta — has racked up over 20,000 likes across his two Facebook posts about the lost AirTag. AdvertisementBéteille's AirTag won't be going transatlantic, especially given that Alaska Airlines only flies to North America, but it's still an interesting insight into the carrier's operations — and the frequency of one jet's flights.

Persons: Éric Béteille, he's, —, Jackson, Béteille, Meta —, it's Organizations: Alaska Airlines, Embraer, Service, Facebook, Meta, American Airlines Locations: Canada, Austin, Vancouver, Missoula , Montana, , Wyoming, Tucson , Arizona, North America

☆ Make these 4 moves to capitalize on one of the best investing opportunities in 50 years, according to a top-1% fund manager who's dominated in the last decade
▼ + stars: | 2024-04-06 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewAlthough US stocks have been all the rage this year, a top-performing fund manager remains convinced that the most compelling investing opportunities are in international equities. Its 80% gain over the past five years is more than double that of the STOXX Europe 600 and is six-fold above the 13% return of Vanguard's Total International Stock Index ETF (VXUS). The Brandes International Equity Fund has been in the top 10% of its category in the last 10 years, according to Morningstar, which includes a top-1% finish in 2023. AdvertisementOnce the fund manager finds stocks that fit this bill, he thinks more like a business owner than a stock trader. Of all the opportunities in international markets, Germain is especially drawn to four stocks across various countries and industries.

Persons: —, Jeff Germain, Germain, David Kelly, Brandes, He's, " Germain, Royce Organizations: Service, Vanguard's, Stock, Business, Brandes Investment Partners, Brandes International Equity Fund, JPMorgan Asset Management, Morningstar, Heidelberg, Embraer, Royce, Heineken Locations: German, Brazil, Britain

☆ Airbus widens aircraft delivery lead over Boeing as Max crisis deepens
▼ + stars: | 2024-03-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing handed over 27 airplanes to its customers last month as it continues to struggle with quality-control problems and production delays that have frustrated the CEOs of some of its biggest airline customers. So far this year, Boeing has handed over 54 planes, while Airbus has widened its lead over its main rival, delivering 79 planes in the first two months of 2024. Delayed Boeing planes have been difficult for airline leaders. Southwest Airlines , which flies only Boeing 737s, on Tuesday said it would trim capacity plans this year because of fewer Boeing Max deliveries and that it will have to reevaluate its 2024 financial estimates. Last week American Airlines announced a 260-narrow-body-airplane order split between Boeing, Airbus and Embraer.

Persons: Boeing Max, Max jetliners Organizations: Boeing, Airbus, Southwest Airlines, United Airlines, American Airlines, Embraer

☆ 4 economic reports the market cares about most next week, including a fresh look at inflation
▼ + stars: | 2024-03-09 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Within the Club, we heard this week from Foot Locker on Wednesday, then from Costco and Broadcom on Thursday. The big economic data drop of the week arrived Friday with February's nonfarm payrolls report . The center of attention is Tuesday's February consumer price index report . On Thursday, the February produce price index is due out. ET: Producer Price Index 8:30 a.m.

Persons: FactSet, Locker, Foot Locker, February's nonfarm, Jerome Powell, he's, we'll, MANU, LEN, Jim Cramer's, Jim Cramer, Jim, Mostafa Bassim Organizations: Nasdaq, Dow Jones Industrial, Costco, Broadcom, Commerce, Federal, PPI, Ballard Power Systems, Fortrea Holdings, Casey's, Vail Resorts, MTN, Daniels, Midland, Kohl's Corporation, Kanzhun, Game Technology, Manchester United, Blade Air Mobility, Clover Health, Beauty Health, Energy Vault Holdings, PHX Minerals, Guild Holdings, Finance, Heron Therapeutics, ZIM Integrated Shipping Services, Arcos Dorados Holdings, ARCO, Petco, Wellness Company, Farms, Sonoma, WSM, ESS Tech, DICK'S Sporting, Inc, Futu Holdings, Bear, Autolus Therapeutics, III Apparel, Solo Brands, Weibo Corporation, Embraer, CNBC, Washington DC, Anadolu, Getty Locations: U.S, Asana, ASAN, Williams, Washington, United States

☆ American orders 260 new planes, including Boeing Max 10s, and plans bigger first class
▼ + stars: | 2024-03-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

American Airlines flight 718, a Boeing 737 Max, takes of from Miami International Airport on its way to New York on December 29, 2020 in Miami, Florida. American Airlines said Monday that it is ordering 260 new narrow-body jets, including dozens of Boeing's long-delayed 737 Max 10. The order includes 85 of Boeing's 737 Max 10 planes and 85 of the Airbus A321neo, aircraft it says will help it upgauge on domestic and short-haul international routes. American said it would also convert orders for 30 Boeing 737 Max 8 planes, a model that is already a staple of its fleet, into the larger 737 Max 10s. American is planning to grow its first class on some of its narrow-body planes, the carrier also said Monday alongside its first investor day in more than six years.

Persons: Max, Scott Kirby Organizations: American Airlines, Boeing, Miami International Airport, Miami , Florida . American Airlines, Airbus, Embraer, United Airlines, Max Locations: New York, Miami , Florida, Fort Worth , Texas

☆ American says 80% of 2024 revenue will come from loyalty program members and premium cabins
▼ + stars: | 2024-03-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

American Airlines said Monday that 80% of its revenue this year will come from loyalty program members and passengers in premium cabins like business class, up from 70% in 2017. American and other carriers have poured billions of dollars into new cabins, lounges and onboard upgrades to cater to high-spending travelers. American's rival Delta Air Lines has repeatedly said that premium revenue growth has become a bigger share of its overall sales and is growing faster than ticket sales in the coach cabin. American earlier on Monday said it was ordering 260 new Boeing , Airbus and Embraer planes to revamp its fleet and that it would retrofit older Airbus planes to increase the size of their first-class cabins. Analysts polled by LSEG, formerly known as Refinitiv are projecting 2024 earnings per share of $2.56 and revenue of $54.97 billion.

Organizations: Boeing, American Airlines, JFK International, Delta Air Lines, Airbus, Embraer, LSEG Locations: Austin, New York, Manhattan, Fort Worth , Texas

☆ Electric air transport is set to take off with taxis, ambulances, cargo deliveries by end of this decade
▼ + stars: | 2024-02-26 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +4 min

A model of a Wisk Aero LLC electric vertical takeoff and landing (eVTOL) air taxi during the Singapore Airshow in Singapore, on Wednesday, Feb. 21, 2024. Bloomberg | Bloomberg | Getty ImagesSINGAPORE — Among displays of defense jets, passenger airliners and high-tech aviation equipment at the Singapore Airshow were electric air transport vehicles — touted as the future of urban transportation. Electric vertical take-off and landing vehicles, or eVTOLs, which can land and take off vertically can be used as air taxis, for cargo delivery, medical and emergency response transportation and as private vehicles. A vertical takeoff electronic aircraft from Supernal is seen outside the Las Vegas Convention Center during the Consumer Electronics Show in Las Vegas, Nevada on Jan. 10, 2024. A cabin of an electric vertical take-off and landing (eVTOL) aircraft developed by Eve Air mobility displayed during the International Paris Air Show on June 20, 2023.

Persons: eVTOLs, Brendan Smialowski, Johann Bordais, Eve, Jaiwon Shin, Shin, Supernal's, Tencent, Catherine MacGowan, Wisk, MacGowan, Supernal's Shin, Geoffroy Van Der Organizations: Aero, Bloomberg, Getty, Singapore Airshow, CNBC, Hyundai Motor Group, Boeing, Embraer, Air Mobility, Las Vegas Convention, Consumer, Afp, Mobility, Singapore, Asia Companies, Olympic, Japan Airlines, Korea's, Korean Air, Supernal, Incheon International Airport, Eve, International Paris Air Locations: Singapore, SINGAPORE, Supernal, Las Vegas , Nevada, Asia, U.S, Brisbane, Australia, Japan, Asia —, South Korea, Korea, Incheon, South, Geoffroy Van Der Hasselt

☆ Embraer CEO: We see growth in Asia for 'all of our business units'
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmbraer CEO: We see growth in Asia for 'all of our business units'Francisco Gomes Neto of Embraer says that the company is seeing growth in Asia for both the commercial aviation and defense businesses and expects the deals they have already signed to "open the door for new markets".

Persons: Francisco Gomes Neto Organizations: Embraer Locations: Asia

☆ A passenger jet smashed into runway lights as it took off, flew for 60 minutes, then landed with a gaping hole in its fuselage
▼ + stars: | 2024-02-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

An Air Serbia flight knocked into runway lights as it took off on Sunday, sustaining heavy damage. It flew for about an hour before finishing an emergency landing at high speed, flight data shows. Right: An earlier iteration of the same flight shows the aircraft using the full runway length. AdvertisementAs the E195 departed Belgrade's Nikola Tesla Airport, the bottom of its fuselage hit a set of runway lights for an opposite runway, per Tango Six. It then immediately began descending, looping around the area for the next 40 minutes before making its emergency landing, per FlightRadar24.

Persons: —, Nikola Tesla, Thierry Monasse, TangoSix, It's, Belgrade Nikola Tesla Organizations: Air, Service, Air Serbia, Greek, Marathon Airlines, Embraer E195LR, Sunday, Press, Belgrade Nikola, Business Locations: Air Serbia, Belgrade, Serbia, Düsseldorf, Germany

☆ Electronic Warfare Confounds Civilian Pilots, Far From Any Battlefield
▼ + stars: | 2023-11-21 | by ( Selam Gebrekidan | More About Selam Gebrekidan | ) www.nytimes.com time to read: +1 min

Electronic warfare in the Middle East and Ukraine is affecting air travel far from the battlefields, unnerving pilots and exposing an unintended consequence of a tactic that experts say will become more common. The Federal Aviation Administration has also warned pilots about GPS jamming in the Middle East. The interference can involve jamming satellite signals by drowning them out with noise, or spoofing them — mimicking real satellite signals to trick recipients with misleading information. But aircraft systems have proved largely unable to detect GPS spoofing and correct for it, according to Opsgroup, an organization that monitors changes and risks in the aviation industry. One Embraer jet bound for Dubai nearly veered into Iranian airspace in September before the pilots figured out the plane was chasing a false signal.

Organizations: European Union, The New York Times, Federal Aviation Administration, Embraer Locations: East, Ukraine, Dubai

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