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FEBRUARY 2023

Week 7

Asia-Pacific Aerospace Briefs Today

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February 13th 2023

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Today's briefs report news from Airports of Thailand Public Company Ltd, Boeing, Embraer and Malaysia Airports Holdings Berhad. Read More »

Airports of Thailand Public Company Ltd recorded a 342.8 million baht (US$10.2 million) net profit for the three months to December 31 against a net loss of 4.3 billion baht in the same months in 2021.

A U.S. District Court has rejected a legal bid to undo a deferred prosecution agreement Boeing had reached with the U.S. Justice Department. The court ruling was sought by the families of passengers and crew killed in two 737 MAX fatal accidents in Indonesia and Ethiopia.

Embraer has denied media reports it has projected a material financial impact from a Brazilian Supreme Court ruling on the company's social contribution to net income.

Malaysia's Minister for Transport, Anthony Loke, said the government had approved agreements with Malaysia Airports Holdings Berhad to operate, manage, maintain and develop 39 airports and STOLports until 2069, including a proposal to change the names of Kuala Lumpur International Airport's (KLIA) two terminals, KLIA and klia2, to KLIA Terminal 1 and KLIA Terminal 2, respectively.

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