Embraer’s CEO Frederico Curado has said that the company is finding new business in China tough to come by, as the country’s anti-corruption drive continues.
In an interview with the UK’s Financial Times website, Curado said that the slow down in business has been sudden and sharp.
Chinese premier Li Keqiang introduced an anti-corruption drive in November 2013 that has largely been blamed for the collapse of the Chinese charter market.
Mequon, Wis.-based Aircraft Cost Calculator has an app that determines actual costs associated with acquiring and operating an aircraft. Private owners, commercial operators, fractional owners, flight departments, financial institutions or charter operators can find editable pre-loaded real-world data for more than 475…
Flight operations support group Nexus announced the acquisition of aviation risk management and safety audit provider Wyvern Consulting from online charter portal Avinode. In an October 22 announcement, the company also confirmed the appointment of the following three business aviation veterans to Wyvern’s board: former NetJets executive Vincent Santulli, former Beechcraft executive Shawn Vick and former FAA associate administrator Nick Sabatini. Wyvern CEO Art Dawley, an experienced corporate pilot and flight department manager, also has joined the board.
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