ARC NEWS
Embraer delivers 15 commercial jets in third quarter
October 30, 2023
Embraer delivered 15 commercial aircraft in the third quarter of 2023, up by 50% from the year-ago quarter, marking the second consecutive quarter of double-digit delivery growth. This brings the Brazilian airframer's tally of commercial jet deliveries for the year to 39, up from the 27 in the corresponding period in 2022. Embraer's firm order backlog was valued at $17.8 billion at 30 September, and represents the highest level in a single year and an increase by $500 million from the second quarter. Commercial orders accounted for $8.6 billion, up from $8 billion in the second quarter with the sale of 42 aircraft by September. New commitments for the quarter include an order for 19 E175s from US regional carrier SkyWest disclosed on 26 October, with the aircraft to start delivering in the fourth quarter of 2024. They will be operated for United Airlines under a capacity purchase agreement. American Airlines also added a firm order for four more E175s, for its subsidiary Envoy Air, with deliveries to commence in the fourth quarter of 2024. Luxembourg-based Luxair has ordered four E195-E2s, including two purchase options and three purchase rights, Nigeria's Air Peace five E175s, and Spanish carrier Binter six E195-E2s.


​Air France-KLM boosts third-quarter profit
October 30, 2023
Air France-KLM has reported a third-quarter operating profit of €1.34 billion ($1.41 billion), up 32% year on year. Revenue rose 7% to €8.66 billion, driven by "strong" summer demand, says the group. Net income more than doubled to reach €931 million. The operating result was, Air France-KLM adds, supported by increase in capacity, higher passenger load factor and continued high passenger yield which enabled the group to offset inflation and decreasing cargo revenue. Air France's operating profit came in at €806 million, and KLM's at €539 million. The French flag carrier's revenue was up 7% at €5.37 billion, and KLM's 6% at €3.42 billion. Transavia's operating profit increased by €65 million to reach €188 million. The group's maintenance business boosted operating profit by €17 million to €63 million. However, cargo revenue declined 33% to €558 million. Cargo capacity was raised nearly 3%, but traffic increased by only 0.1 of a percentage point. The group carried around 27 million passengers during the third quarter, up nearly 8% year on year. Capacity was lifted 6% and traffic rose 8%. Thus the passenger load factor increased, by 1.3 percentage points to 89.7%. Air France-KLM expects fourth-quarter and full-year capacity to, respectively, exceed and match 95% of 2019 levels. The group ended the third quarter with €6.48 billion in cash and equivalents.


​Finnair to renew Embraer cabins
October 26, 2023
Finnair plans to refurbish the interiors of 12 Embraer 190s used on regional routes and operated by Nordic Regional Airlines. The upgrade will take place in 2024-25, with the first refreshed aircraft flying by the end of next year. "We want to improve travel comfort and provide our customers with a high-quality travel experience across our route network," states Ole Orver, Finnair's chief commercial officer. "We will bring similar elements and feeling to our Embraer fleet as we have used in our previously redesigned Airbus widebody aircraft." The E190s used on Finnair domestic and European routes are operated by Nordic Regional Airlines but, data shows, managed by Finnair. The aircraft have an average age of 15.3 years. Finnair owns 40% of Nordic Regional Airlines, with the remainder held by Danish Air Transport.


LOG ON

CONTACT
SGS Aviation Compliance
ARC Administrator
SGS South Africa (Pty) Ltd
54 Maxwell Drive
Woodmead North Office Park
Woodmead
2191
South Africa

Office:   +27 11 100 9100
Direct:   +27 11 100 9108
Email Us

OFFICE DIRECTORY
Find SGS offices and labs around the world.
The ARC is a mobile friendly website.