Régional Compagnie Aérienne Européenne

June 5, 2012 - 4:30am

International Airlines Group (IAG) has signed a binding agreement to sell Aberdeen, Scotland-based BMI Regional to Sector Aviation Holdings for £8 million ($12.9 million) in cash. The sale includes all BMI Regional’s fixed assets and long-term liabilities, including owned and leased aircraft.

BMI Regional flies a fleet of 18 Embraer ERJ 145s and ERJ 135s throughout the UK and Northern Europe. IAG chief executive Willie Walsh said the deal “should” secure some 330 jobs.

May 14, 2012 - 11:00am
Pellegrini

When the Embraer announced the launch of its Embraer Executive Jets division in 2005 and its intent to become “a major player” in the crowded world of business jet manufacturing, eyebrows were raised and there was a certain amount of skepticism. After all, the ambitious Brazilian airframer had just unveiled its Phenom 100 and Phenom 300 entry-level and light jets, and its only business jet in service at the time was the Legacy 600, a 16-passenger aircraft derived from its ERJ 135 regional airliner.

May 8, 2012 - 4:47pm
American Eagle CRJ700

A plan by American Airlines to increase annual revenues by $1 billion by 2017 centers largely on the ability to add large regional jets to fill a capacity gap between 50 and 140 seats more completely, according to an internal letter outlining the company’s post-bankruptcy business plan sent to all AA managers on May 7.

April 23, 2012 - 10:00am
Henrik Hololei

Delegates attending the European Regions Airline Association (ERA) spring conference in Porto, Portugal, last week heard about the risks associated with policies that focus on core areas with little or no regard to protecting the provision of air services to the regions where 85 percent of Europe’s population resides.

April 20, 2012 - 3:49pm
E-Jet production

Embraer’s backlog for commercial airliners fell to its lowest level in more than five years, following a first quarter in which it delivered 21 E-Jets but sold only 12. As of March 31, its firm backlog stood at $14.7 billion, compared with $15.4 billion at the end of last year. The value of its backlog has fallen from a high of $21.6 billion in the third quarter of 2008.

April 5, 2012 - 5:15am

Estonian Air has chosen Embraer’s line of E-Jets to revamp its entire fleet of narrow-body and regional jets, Embraer announced in late February. The national flag carrier of Estonia and the Brazilian manufacturer have signed a contract for the purchase of three E175s and one E190. Estonian Air also plans to take eight more Embraer aircraft–four E170s and four E190s–under a combination of lease agreements with third parties and leasing companies. At press time the direct purchase from Embraer remained subject to the approval of Estonian Air’s Supervisory Council.

March 27, 2012 - 12:45am
Embraer’s new Legacy 500.

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The first flight of Embraer’s new Legacy 500 has been delayed until the third quarter of this year, due to software problems with its fly-by-wire controls. Nonetheless, the 500 and its shorter-haul, smaller sibling, the Legacy 450, are set to shine as the latest entries in the Brazilian manufacturer’s burgeoning book of business jet offerings, which range from the entry-level Phenom 100 to the uber barge Lineage 1000.

March 26, 2012 - 1:09am
Legacy 650

Embraer appears to be leading the way among foreign business aircraft manufacturers looking to forge production partnerships in China. The Brazilian company secured an agreement with Avic last April to produce super-midsize Legacy 600s and 650 aircraft at Harbin in northern China through Avic subsidiary Harbin Embraer Aircraft Industry Co.

March 21, 2012 - 2:37pm

Air Works India Engineering has signed a memorandum of understanding with Embraer to create a stock of parts for all of the OEM’s executive jets in service in India. Air Works will house parts for Embraer’s Phenom 100, Legacy 600/650 and Lineage 1000 in its facility in Bengaluru, which will serve as a central hub from which the parts will be dispatched to eight Embraer authorized service center (EASC) locations.

February 14, 2012 - 7:15pm
Guan Dongyuan and Ernie Edwards

Brazil’s Embraer (Chalet CD51) announced here yesterday that China’s Minsheng Financial Leasing (MSFL) is to purchase three of the company’s flagship Lineage 1000 bizjets, which are based on its best-selling E-Jet airliner family (the E190). According to Ernest Edwards, president of Embraer Executive Jets, the first jet may be delivered as soon as the first quarter of 2012.

 
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