Aircraft Leasing Companies Expand Credit Lines

Aircraft Leasing Companies Expand Credit Lines Air Lease Corporations (NYSE: AL) during their first Quarter results spoke of adjustments that have been made to adjust to the unprecedented impact to the airline and aerospace industry. Air Lease Corporations (ALC) (NYSE: AL) First Quarter financials were released on May 7th 2020. They reported a revenue of…

Boeing “wrongfully” terminates deal to buy Embraer Commercial Division for $4.2B

Boeing "wrongfully" terminates deal to buy Embraer Commercial Division for $4.2B Today in a recent Press Release sent out by Boeing (NYSE: BA), they annoucned that they have officially terminated its Master Transaction Agreement (MTA) with Embraer (NYSE: ERJ). The agreement would have brought the two companies together to establish a strategic partnership. The two…

Embraer Trading at Record Lows

Embraer Trading at Record Lows Embraer is currently trading at a range which is the lowest the stock has ever gone before. The outbreak of COVID-19 has directly affected the entire aviation and travel industry as a whole. Embraer is known internationally for its Regional Airlines and its Business Aviation models. Their aircraft have gained…