Embraer, a global leader in aerospace manufacturing, has achieved a significant milestone with Moody’s (US) awarding the company an Investment Grade rating. Moody’s has upgraded Embraer’s credit rating from Ba1 to Baa3, with a positive outlook, reflecting confidence in the company’s financial stability and growth prospects.
Boeing has officially resumed production of its B737 MAX aircraft as of December 6, 2024, marking a significant step forward following a seven-week strike by over 33,000 factory workers. The strike, which ended in early November, had temporarily halted manufacturing operations, causing disruptions across Boeing’s supply chain.
Emirates (UAE) has announced the launch of a third daily non-stop flight connecting Dubai and Melbourne, set to begin on March 30, 2025. This additional service will be operated using the airline’s newly retrofitted four-class Boeing 777-300ER, offering passengers enhanced comfort and more travel options.
Centrum Air (Uzbekistan) has announced the launch of a new route connecting Tashkent to Colombo, Sri Lanka, starting on December 15, 2024. The flights will be operated using the airline’s modern Airbus A321neo aircraft, offering passengers an efficient and comfortable travel option between the two cities.
Centrum Air (Uzbekistan) has announced a strategic shift to a hub-and-spoke model starting from its summer 2025 schedule, positioning Tashkent as a major transit hub connecting East and West. This transformative initiative will be supported by a significant fleet expansion, set to more than double the airline’s capacity by July 2025.
AJet (Turkiye) has announced the launch of a new route connecting Istanbul Sabiha Gokcen Airport to Algiers, set to commence on January 6, 2025. The flights will be operated using a combination of Boeing 737-800, Boeing 737-8, and Airbus A321 aircraft.
Air Arabia Egypt has announced plans to launch a new route connecting Alexandria Borg el Arab Airport to Taif, Saudi Arabia, starting February 21, 2025. The flights will be operated using the airline’s reliable and efficient Airbus A320 aircraft.
Boeing has announced the layoff of 222 members of its Society of Professional Engineering Employees in Aerospace (SPEEA) union. This latest round of job cuts is part of a broader workforce reduction initiative that began in November 2024, reflecting the company’s continued efforts to realign its workforce with operational demands.
Cargojet (Canada) has announced its intent to secure federal funding for the development of a new aircraft Maintenance, Repair, and Overhaul (MRO) facility in Ontario. The facility is designed to support Cargojet’s fleet of 41 Boeing 757 and 767 freighters, while also providing services to other airlines and operators.
Jazeera Airways (Kuwait) has announced the approval of a significant investment to purchase six Airbus A320ceo aircraft, currently operated under lease agreements. The total transaction value is $180.9 million, and the airline plans to finance the purchase through a combination of bank loans and internal resources.
