Brazil’s thrice-elected president, Luiz Inácio Lula da Silva, is slated to meet with China’s leader Xi Jinping on April 14, in a pivotal visit between the nations with a potentially profound impact on western aerospace.
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Today, the same intuition that initially drove the networks to preserve breadth – the points on route maps – through flying smaller aircraft has shown a recent shift away from the regional aircraft. The recent new trend signals a potential change for the regional aircraft industry, and for the small communities that rely on a connection to the world’s aviation system.
As COVID-19 mutates to continue its torment, aviation adapts right along with it.
Understanding the nuances of regional aircraft -- turboprops and regional jets -- is first and foremost a matter of understanding the role of geography in their success.
As the traffic recovery continues, passengers are migrating toward different levels of service as the cabin continues on a path toward even-greater segmentation. There’s no one standard definition of what premium economy is or how it’s deployed, but there is a growing passenger preference emerging. Around the globe, premium economy is outpacing the return of other higher-fare classes
The global airline fleet is not recovering evenly. With global scheduled capacity up over 92% from April 2020, that metric serves better to illustrate just how terrible last April was than how good we find it in 2021. Compared to 2019, the global fleet is producing 53% fewer seat-miles. We’re a long way from where we were before the pandemic.
Boeing's CFO, Greg Smith, is retiring. He had amassed a slate of responsibilities that had effectively made him as close to being CEO without actually getting the title. Aviation is now multi-planetary. The Jet Propulsion Laboratory's helicopter, Ingenuity, successfully took flight on Mars. A new COVID-19 variant is ravaging India. The country had more cases on Monday than were found in the next 11 countries combined. The air travel link to and inside the planet's second most populous nation is at extreme risk.
The factors that will define the air travel recovery in 2021.
The nuances of regional markets, both emerging and established, will offer a path for Embraer's E3, but will also limit its possible success. Turboprop customers are particularly sensitive to aircraft pricing, which will be challenged by the scope and pricing of a new development. By reintegrating its commercial unit, Embraer’s engineering talent is unconstrained to operate across its executive jet, defense and eVTOL businesses.
In an extended interview, Arjan Meijer, Embraer's new Commercial Aviation CEO sat down with The Air Current to discuss what it wants in a partner and its path to a new turboprop.