Brazilian aircraft manufacturer, Embraer delivered five commercial aircraft in the first quarter of this year, a drop of more than half compared to the same period in 2019. The firm said its figures were “negatively impacted” following preparations for a collapsed joint-venture deal with Boeing.
In a bid to reduce its costs, Air Canada is accelerating the retirement of 79 older aircraft from its fleet including the Boeing 767, Airbus A319 and Embraer E190, with the latter exiting immediately. The decision comes as the flag carrier revealed a C$1bn (£599m) net loss for the first quarter, compared to a C$345m (£197m) profit for the same period last year.
Brazilian aircraft manufacturer, Embraer has accused Boeing of making “false claims” to justify terminating a $4bn deal to acquire the firm’s commercial aircraft business. The US airframer said it exercised its rights after Embraer “did not satisfy the necessary conditions”.
No corner of the aviation industry has escaped the impact of the COVID-19 pandemic. As the world continues to deal with the crisis, aircraft manufacturers are deploying several measures to cope with the resulting industry downturn, reports Thomas Haynes.