AGC Aerospace & Defense

American Airlines | June 10, 2020

American Airlines has transported an average of 127,000 passengers daily in June so far, up from a low of 32,000 passengers daily in April, as travellers once again take to the sky while the global coronavirus crisis enters its fourth month. President and chief executive Doug Parker told the Fort Worth-based airline’s shareholders on 10 June that the carrier is encouraged by the recent rise in demand, even though it builds on a very low base....

Sine Draco Aviation Technology, Ltd | October 14, 2020

Sine Draco Aviation Technology today announced it received certification to the AS9100 Rev. D quality management standard at their North American headquarters in Bellevue, WA. The AS9100D approval also includes certification to the ISO9001:2015 standard. Sine Draco's AS9100 certification supports its plans for development, management and execution of large-scale aviation projects, including aircraft design, modification and certification for passenger to freighter conversion and aircraft sto...

AIR TRANSPORT

Embraer | November 15, 2022

The Brazilian National Bank for Economic and Social Development (BNDES) approved financing to Embraer S.A. (B3: EMBR3, NYSE: ERJ) for producing and exporting commercial aircraft manufactured by the company. The operation, in the order of R$ 2.2 billion (US$ 400 million), will be carried out through the BNDES Exim Pre-shipment, a direct bank credit line to produce national goods destined for export. BNDES operation reinforces the US$ 650 million revolving credit funding recently announced by Embr...

Buying Business Travel | January 14, 2020

The government is reportedly considering cutting Air Passenger Duty on UK domestic flights in an effort to keep regional carrier Flybe from going into administration. Sky News reported yesterday that the airline had been in rescue talks on Sunday evening, less than a year after it was acquired by Connect Airways for £2.8 million. According to the BBC, chancellor Sajid Javid is scheduled to meet with the business and transport departments later to discuss reducing the levy – currently...