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LATAM Airlines mulls possible purchase of up to 30 Embraer jets, Brazil minister says

LATAM Airlines mulls possible purchase of up to 30 Embraer jets, Brazil minister says SAO PAULO, Aug 13 (Reuters) - LATAM Airlines LTM.SN could potentially buy as many as 30 aircraft from Brazilian planemaker Embraer EMBR3.SA as the carrier looks to expand operations in Latin America's largest economy, Brazil's ports and airports minister said on Tuesday.
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Boeing delivers 43 jets in July, flat year-on-year

REFILE-Boeing delivers 43 jets in July, flat year-on-year Corrects typographical error in first paragraph By Allison Lampert Aug 13 (Reuters) - Boeing BA.N said on Tuesday it delivered 43 commercial jets in July, unchanged from the same month a year earlier when it faced supply chain hurdles , as the U.S. planemaker works to grow aircraft production under new CEO Kelly Ortberg.
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Moody's and S&P doubt Boeing will hit year-end production targets

Moody's and S&P doubt Boeing will hit year-end production targets Boeing's cash flow impacted by slowed 737 MAX production and deliveries Moody’s and S&P expect Boeing to hit monthly 737 MAX production rate of 38 in 2025 Boeing expects to increase MAX output to 38 per month by year's end By Allison Lampert and Rajesh Kumar Singh Aug 13 (Reuters) - Boeing BA.N will likely miss a key 737 MAX jet production target in 2024, analysts at rating agencies Moody's and S&P told Reuters, saying that the
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AirBaltic Orders 10 Airbus A220 Aircraft

BRIEF-AirBaltic Orders 10 Airbus A220 Aircraft Aug 13 (Reuters) - Airbus Se AIR.PA : AIRBALTIC PLACES ORDER FOR 10 ADDITIONAL A220 AIRCRAFT BRINGING AIRLINE'S TOTAL ORDER TO 90 Source text: shorturl.at/7LUqv Further company coverage: AIR.PA (Gdansk Newsroom)
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Spirit Aero CEO Shanahan to get $28.5 million 'golden parachute'

Spirit Aero CEO Shanahan to get $28.5 million 'golden parachute' Aug 12 (Reuters) - Spirit AeroSystems SPR.N CEO Patrick Shanahan will receive a payout of $28.5 million after the 737 MAX fuselage supplier completes its merger with Boeing BA.N , according to a regulatory filing on Monday. Shanahan will get a cash payment of $2.3 million, converted Spirit restricted stock units worth $26.1 million and perquisites and benefits worth $45,000 as part of a package known as a "golden parachute".
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Brazil's Embraer says Virgin Australia ordered 8 of its regional jets

UPDATE 3-Brazil's Embraer says Virgin Australia ordered 8 of its regional jets Adds Virgin Australia's statement in paragraphs 3-4 PARIS/SAO PAULO, Aug 12 (Reuters) - Brazilian planemaker Embraer EMBR3.SA said on Monday it had secured a firm order for eight E190-E2 regional jets from Virgin Australia. Reuters reported earlier in the day before the announcement that industry sources said Embraer was poised to secure the order winning a competition against the A220, the smallest model of Europe's
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Embraer poised to win E190-E2 jet order from Virgin Australia, sources say

Embraer poised to win E190-E2 jet order from Virgin Australia, sources say PARIS, Aug 12 (Reuters) - Brazilian planemaker Embraer EMBR3.SA is set to win an order for eight E190-E2 regional jets from Virgin Australia after winning a competition against the A220, the smallest model of Europe's Airbus AIR.PA , industry sources said on Monday. Embraer declined to comment and the Australian carrier could not immediately be reached outside local business hours.
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Brazil's Azul Remains In Active Talks With Abra About Gol - CEO

BRIEF-Brazil's Azul Remains In Active Talks With Abra About Gol - CEO Aug 12 (Reuters) - Azul SA AZUL.N : EXPECTS TO RECEIVE 15 TO 18 E2 JETS FROM EMBRAER BETWEEN NOW AND THE END OF NEXT YEAR - EXEC DOES NOT SEE A320 DELIVERIES NEXT YEAR AS THEY'VE BEEN PUSHED OFF FOR 2026 AND BEYOND, FOCUS WILL BE ON E2 DELIVERIES - EXEC REMAINS IN ACTIVE DISCUSSI
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Frontier Airlines falls as TD Cowen cuts PT on tepid forecast

BUZZ-Frontier Airlines falls as TD Cowen cuts PT on tepid forecast ** Shares of Frontier Airlines ULCC.O down ~7% at ~$2.9 ** TD Cowen cuts PT by $1 to $3, maintains "hold" rating; says ULCC "forecasts a deep pre-tax loss in 3Q and about breakeven for FY24" ** Last week, ULCC beat estimates for Q2 profit, but said it will defer deliveries of 54 Air
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S&P and Moody's downgrade JetBlue amid $3 bln debt raise, shares sink

UPDATE 3-S&P and Moody's downgrade JetBlue amid $3 bln debt raise, shares sink Adds comments from Fitch in paragraphs 11-12, updates share movement By Shivansh Tiwary and Rajesh Kumar Singh Aug 12 (Reuters) - Ratings agencies S&P and Moody's downgraded JetBlue Airways JBLU.O after the carrier unveiled plans to raise more than $3 billion in debt, majority backed by its loyalty program, TrueBlue.
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JetBlue to raise over $3 bln through debt offerings, shares fall

JetBlue to raise over $3 bln through debt offerings, shares fall Aug 12 (Reuters) - JetBlue Airways JBLU.O said on Monday it plans to raise about $3.15 billion in capital through separate debt offerings, the majority backed by its loyalty program, TrueBlue, as it tries to improve its liquidity. Shares of the company were down 8% in premarket trading.
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Brazil airline Azul lowers 2024 earnings, capacity forecasts; shares fall

UPDATE 3-Brazil airline Azul lowers 2024 earnings, capacity forecasts; shares fall Updates share reaction; adds analyst, CEO comments By Gabriel Araujo SAO PAULO, Aug 12 (Reuters) - Brazilian airline Azul AZUL.N reduced its estimate for 2024 core earnings on Monday while bumping up its leverage forecast in the face of slower than previously expected capacity growth and weakness of Brazil's currency.
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Italy - Factors to watch on August 12

Italy - Factors to watch on August 12 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . COMPANIES Milan Stock Exchange After Hours market closed. SARAS SRS.MI Vitol-backed Varas said on Friday it had crossed the 66.67% threshold needed for extraordinary shareholder resolution after buying out minority
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Brazil authorities recover bodies of all 62 plane crash victims

UPDATE 4-Brazil authorities recover bodies of all 62 plane crash victims Recasts headline and paragraph 1, updates number of bodies recovered in 2 By Sebastian Rocandio VINHEDO, Brazil, Aug 10 (Reuters) - Brazilian emergency crews on Saturday recovered the remains of the 62 victims aboard an airliner that plunged to the ground in the town of Vinhedo, near Sao Paulo the day before, killing all on board.
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Removal of bodies begins from Brazil plane crash that killed 62

Removal of bodies begins from Brazil plane crash that killed 62 By Sebastian Rocandio VINHEDO, Brazil, Aug 10 (Reuters) - Brazilian civil defense teams worked through the night removing the remains of passengers on a plane that crashed on Friday near Sao Paulo, killing all 62 people on board. At least 21 bodies had been recovered by Saturday morning, Sao Paulo state government said, with two victims identified on site.
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Brazilian plane spins before crashing, killing all 61 on board

UPDATE 9-Brazilian plane spins before crashing, killing all 61 on board Adds quote from Brazilian crash investigator in paragraph 11, history of ATR-72 crashes in paragraphs 12-13 By Gabriel Araujo, Andre Romani and Luana Maria Benedito SAO PAULO, Aug 9 (Reuters) - A regional turboprop plane fell into what aviation experts called a flat spin before crashing in a residential neighborhood near Sao Paulo in Brazil on Friday, killing all 61 people on board.
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Brazil's Porto Alegre airport to resume operations after major floods

Brazil's Porto Alegre airport to resume operations after major floods SAO PAULO, Aug 9 (Reuters) - Operations at Salgado Filho International Airport in the Brazilian city of Porto Alegre, one of the country's busiest, will resume in October after unprecedented floods in the region disrupted flights in May. The airport, operated by Fraport FRAG.DE , had its runways and corridors submerged in water as heavy rains battered Rio Grande do Sul, Brazil's southernmost state of which Porto Alegre is the
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Frontier beats quarterly profit estimates, defers jet deliveries

Frontier beats quarterly profit estimates, defers jet deliveries Aug 8 (Reuters) - Frontier Group ULCC.O , the parent of budget carrier Frontier Airlines, beat Wall Street estimates for second-quarter profit on Thursday, and said it will defer taking deliveries of 54 Airbus AIR.PA jets. Airlines in the U.S. are experiencing a summer travel boom and expect to ferry 271 million passengers during the season, a 6.3% increase over last year, according to Airlines for America, a group representing maj
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Planemaker Embraer shares jump after quarterly earnings beat

UPDATE 2-Planemaker Embraer shares jump after quarterly earnings beat Q2 adjusted net profit $80.4 mln vs f'cast $47.66 mln Revenue $1.49 billion vs f'cast $1.45 billion Says fully committed to reaching full-year guidance Shares up 9.5%, taking year-to-date gain to more than 85% Adds quotes from executives and analysts in paragraphs 6 and 9, share reaction in paragraph 4, details SAO PAULO, Aug 8 (Reuters) - Brazilian planemaker Embraer's EMBR3.SA second-quarter net income jumped by almost 40%,
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LATAM Brazil chief says airline could add smaller Embraer, Airbus planes

UPDATE 1-LATAM Brazil chief says airline could add smaller Embraer, Airbus planes Updates with context, comment from CFO SAO PAULO, Aug 7 (Reuters) - LATAM Airlines is weighing the possibility of adding smaller aircraft to its fleet such as Embraer's E2 and Airbus' A220, the firm's Brazil head said on Wednesday. "We have mapped out what growth could look like with a smaller (capacity) fleet," executive Jerome Cadier told journalists.
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