SaoPaulo:EMBR3

Embraer S.A. - Material Fact

Monday, April 27, 2020 - 2:42pm

SO JOS DOS CAMPOS, Brasil, April 27, 2020 /PRNewswire/ -- In compliance with the provisions of the CVM Instruction 358/02 and in addition to the material fact released on 04/25/2020, Embraer S.A. (EMBR3 and ERJ) informs its shareholders and the market that arbitration proceedings have commenced with respect to the termination of the Master Transaction Agreement (MTA) executed with The Boeing Company.

Key Points: 
  • SO JOS DOS CAMPOS, Brasil, April 27, 2020 /PRNewswire/ -- In compliance with the provisions of the CVM Instruction 358/02 and in addition to the material fact released on 04/25/2020, Embraer S.A. (EMBR3 and ERJ) informs its shareholders and the market that arbitration proceedings have commenced with respect to the termination of the Master Transaction Agreement (MTA) executed with The Boeing Company.

EMBRAER S.A.: Congo Airways Signs Order with Embraer for Two E175 Jets

Tuesday, December 10, 2019 - 3:49pm

KINSHASA,Democratic Republic of the Congo, Dec. 10, 2019 /PRNewswire/ -- Embraer and Congo Airways have signed a firm order for two E175 aircraft, with purchase rights for a further two.

Key Points: 
  • KINSHASA,Democratic Republic of the Congo, Dec. 10, 2019 /PRNewswire/ -- Embraer and Congo Airways have signed a firm order for two E175 aircraft, with purchase rights for a further two.
  • Desire Bantu, CEO of Congo Airways said, "These new jets will replace our current turboprop offering and allow us to serve routes both within the Democratic Republic of Congo, and regionally to West, Central, and Southern Africa, from our hub in Kinshasa.
  • We look forward to supporting Congo Airways as they continue to upgrade their offering to their customers."
  • Embraer is the world's leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers across the world.

Embraer unveils its multi-mission medium airlift name and designation: C-390 Millennium

Monday, November 18, 2019 - 1:00pm

Dubai, Nov. 18, 2019 /PRNewswire/ -- Embraer today announced at the Dubai Air Show the name and designation of its multi-mission medium aircraft, the Embraer C-390 Millennium.

Key Points: 
  • Dubai, Nov. 18, 2019 /PRNewswire/ -- Embraer today announced at the Dubai Air Show the name and designation of its multi-mission medium aircraft, the Embraer C-390 Millennium.
  • In 2009, the Brazilian Air Force (FAB) contracted Embraer to design, develop and manufacture the aircraft as a replacement for its aging C-130 fleet.
  • The C-390 Millennium is a tactical transport jet aircraft designed to set new standards in its category, while presenting the lowest life-cycle cost in the medium airlift market.
  • Flying faster and delivering more value, the Millennium is the right sized platform for major airlift deployment scenarios.

Material Fact - Embraer S.A.

Thursday, November 7, 2019 - 10:57pm

The aforementioned changes will be effective as of January 1, 2020 and Mr. Salgado will remain in his current position as Chief Financial Officer and Investor Relations Officer until January 1, 2020.

Key Points: 
  • The aforementioned changes will be effective as of January 1, 2020 and Mr. Salgado will remain in his current position as Chief Financial Officer and Investor Relations Officer until January 1, 2020.
  • Mr. Garcia has an extensive background in finance, accounting and commercial supply in the context of multinational companies.
  • He worked for nine years at ThyssenKrupp, serving as chief financial officer of Forged Technologies, a business unity located in Germany.
  • Mr. Salgado, who has worked at Embraer for over thirty years, will lead Embraer's operations as chief operations officer.

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".