Global planemakers are confident in their ability to meet production targets despite the Western sanctions on Russian exports. The aerospace industry relies on Russian supply of this key metal for aircraft production.
Embraer's air mobility startup Eve is the latest to cash in on the SPAC craze. The developer of electric vertical takeoff and landing, or eVTOLs, aircraft plans to list in New York with a $2.4 billion valuation, and more than 500 commitments for its aircraft.
It's still too soon to call how much corporate travel will shrink, but one side effect will be a shift away from major airports across the U.S. All eyes will be on PwC.
Like Lazarus, regional carrier ExpressJet hopes to rise from the dead. Can the airline survive flying on its own during a pandemic with small jets? The airline almost pulled it off before, but can it do it again, or will history repeat itself?
In three years, Embraer will be able to deliver new regional jets to U.S. airlines that could significantly reduce their fuel bill. But U.S. airlines may not be able to take them because of restrictions in collective bargaining agreements with pilots. It's easy to blame pilots for their stance. But they have leverage. Why shouldn't they use it?