SaoPaulo:EMBR3

Boeing-Embraer Strategic Partnership Taking Shape

Thursday, October 3, 2019 - 12:40pm

Boeing will own 80 percent of the new company, to be named Boeing Brasil Commercial.

Key Points: 
  • Boeing will own 80 percent of the new company, to be named Boeing Brasil Commercial.
  • Following a detailed assessment by the U.S. Federal Trade Commission, the parties' strategic partnership has received clearance to close in the United States.
  • Under the terms of the proposed partnership, Embraer will own a 51 percent stake in the joint venture and Boeing will own the remaining 49 percent.
  • The comprehensive Boeing-Embraer strategic partnership, embodied through these two joint ventures, will position the companies to compete in the global marketplace, to deliver greater value to customers, and to boost the Brazilian aerospace industry as a whole.

Embraer Earnings Results 2nd Quarter 2019

Wednesday, August 14, 2019 - 11:00am

SO PAULO, Aug. 14, 2019 /PRNewswire/ --EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Second Quarter 2019 Earnings Results.

Key Points: 
  • SO PAULO, Aug. 14, 2019 /PRNewswire/ --EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Second Quarter 2019 Earnings Results.
  • In the first six months of 2019 the Company's EBIT was US$ 11.4 million (EBIT margin of 0.5%) and EBITDA was US$ 97.9 million (EBITDA margin of 4.4%);
    2Q19 Net income attributable to Embraer shareholders and Earnings per ADS were US$ 7.2 million and US$ 0.04, respectively.
  • Adjusted net loss (excluding deferred income tax and social contribution) for 2Q19 was US$ (13.9) million, with Adjusted loss per ADS of US$ (0.08).
  • IFRS (in millions of U.S dollars, except % and earnings per share data)

EMBRAER S.A.: Embraer is Awarded Brazilian certification for the Praetor 500, which outperformed on certification to become the best midsize jet

Tuesday, August 13, 2019 - 9:22pm

The Type Certificate was awarded during a ceremony at LABACE (Latin American Business Aviation Conference and Exhibition).

Key Points: 
  • The Type Certificate was awarded during a ceremony at LABACE (Latin American Business Aviation Conference and Exhibition).
  • The Praetor 500 outperforms its class, becoming the best midsize jet ever developed and the only jet in its class with Ka-band internet connectivity.
  • "The certification of the Praetor 500 is a welcome achievement for the celebration of our golden jubilee.
  • "With the highest performance, technology and comfort in its class, the Praetor 500 becomes the best midsize business jet ever made, raising the customer experience standards of its class.

Embraer delivers 26 Commercial and 25 Executive Jets in 2Q19

Tuesday, July 30, 2019 - 1:08pm

The E195-E2 is the largest of the three members of the E-Jets E2 family of Embraer commercial airplanes.

Key Points: 
  • The E195-E2 is the largest of the three members of the E-Jets E2 family of Embraer commercial airplanes.
  • In the beginning of the 2Q19, Embraer signed a firm order for 10 E195-E2 jets with Air Peace, Nigeria's largest airline.
  • Embraer announced during the Paris Air Show that it signed a contract with Japan's Fuji Dream Airlines (FDA) for a firm order of two E175 jets.
  • During the MRO Americas event, in early April, Embraer also announced support contracts with Air Botswana, Binter, from Spain, and Mauritania Airlines.

Embraer Delivers its First New Praetor 600; The Industry-Leading Super-Midsize Business Jet

Friday, June 28, 2019 - 7:59pm

SAO JOSE DOS CAMPOS, Brazil, June 28, 2019 /PRNewswire/ -- Embraer announced today the first delivery of its new Praetor 600 super-midsize business jet to an undisclosed European customer.

Key Points: 
  • SAO JOSE DOS CAMPOS, Brazil, June 28, 2019 /PRNewswire/ -- Embraer announced today the first delivery of its new Praetor 600 super-midsize business jet to an undisclosed European customer.
  • "The Praetor 600 is certain to create a new value experience for our customers and help them outperform in their business and personal endeavors."
  • The Praetor 600 will be the farthest-flying super-midsize business jet, which allows nonstop flights between London and New York.
  • Embraer is one of the world's leading executive jet manufacturers, having entered the business aviation market in 2000 with the Legacy jet, which led to the launch of Embraer Executive Jets in 2005.

Embraer and ELTA to Create a New Market Segment with the Launch of the P600 AEW

Tuesday, June 18, 2019 - 1:38pm

Designed to compete in a new segment of the AEW market, this next generation aircraft is based on the advanced super midsize platform of the Embraer Praetor 600 business jet.

Key Points: 
  • Designed to compete in a new segment of the AEW market, this next generation aircraft is based on the advanced super midsize platform of the Embraer Praetor 600 business jet.
  • The P600 AEW addresses the growing market of Intelligence, Surveillance and Reconnaissance capabilities for countries that require cost-effective, high performance and flexible solutions for defense and homeland security missions.
  • The P600 AEW can provide an extended Air Situational Picture by monitoring aerial activity in areas outside ground radar coverage.
  • "Our partnership, forged with Embraer Defense & Security, enables us to introduce a new market segment by offering a cost effective midsize bizjet AEW system".

EMBRAER S.A.: Embraer and Binter Sign an Order for Two Additional E195-E2s

Tuesday, June 18, 2019 - 1:21pm

Binter will receive its first E195-E2 jet in the second half of 2019, becoming the first European customer of the E-Jets E2's largest model.

Key Points: 
  • Binter will receive its first E195-E2 jet in the second half of 2019, becoming the first European customer of the E-Jets E2's largest model.
  • "We are pleased to confirm the firm order for these two additional Embraer E195-E2s," said Binter's Vice President, Rodolfo Nez.
  • For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 aircraft have been delivered.
  • The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline carriers.

EMBRAER S.A.: Fuji Dream Airlines Orders Two E175s to Add to its All-Embraer Fleet

Tuesday, June 18, 2019 - 12:44pm

"We are extremely pleased to continuously grow our fleet and our relationship with Embraer," said Yohei Suzuki, Chairman and CEO of Fuji Dream Airlines.

Key Points: 
  • "We are extremely pleased to continuously grow our fleet and our relationship with Embraer," said Yohei Suzuki, Chairman and CEO of Fuji Dream Airlines.
  • Embraer delivered the first E-Jet, an E170, to Fuji Dream Airlines in 2009.
  • Since January 2013, Embraer has sold more than 565 E175s to airlines in North America alone, earning more than 80% of all orders in the 70-76-seat jet segment.
  • FDA and Embraer have also signed an extension of the Pool Program to cover its fleet of E170s and E175s, including these new orders.

Embraer Foresees World Demand for 10,550 New Aircraft with up to 150 Seats Over the Next 20 Years

Tuesday, June 18, 2019 - 12:28pm

Aircraft in the up to 150-seat segment are the most efficient tool to combine the best in cost efficiency with stronger yields.

Key Points: 
  • Aircraft in the up to 150-seat segment are the most efficient tool to combine the best in cost efficiency with stronger yields.
  • On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.
  • Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil.
  • The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

EMBRAER S.A.: Embraer and United Airlines Sign Contract for up to 39 E175s

Monday, June 17, 2019 - 1:33pm

PARIS, June 17, 2019 /PRNewswire/ -- Embraer announced today, at the 53rd International Paris Air Show, that it has signed a contract with United Airlines for up to 39 E175s.

Key Points: 
  • PARIS, June 17, 2019 /PRNewswire/ -- Embraer announced today, at the 53rd International Paris Air Show, that it has signed a contract with United Airlines for up to 39 E175s.
  • The order has a value of USD 1.9 billion, based on Embraer's current list prices, with all options being exercised.
  • Including this new contract, Embraer has sold more than 585 E175s to airlines in North America since January 2013, earning more than 80% of all orders in this 70-76-seat jet segment.
  • The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline carriers.