Hi Fly received its first Airbus A380

Hi Fly, an European Airline specialized in widebody aircraft wet lease to other airlines and governments on a global basis, received its first Airbus A380, the world’s largest and most spacious airliner. The arrival is a major event for the Company, making it the 4th European airline operating the model, the 14th global operator and the first…

Boeing to buy control of Embraer

Boeing will buy a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer under a new $4.75-billion joint venture, the companies said on Thursday, cementing a global passenger jet duopoly. The new company, encompassing Embraer’s commercial aircraft and services businesses, should make Boeing the market leader for smaller passenger jets, creating stiffer competition…