NYSE:ERJ

CPI Aerostructures Receives $4.4M Orders from Embraer for Engine Inlet Assemblies

Retrieved on: 
Tuesday, November 21, 2023
Aero, CPI, Embraer, Embraer Phenom 300, CPI Aerostructures, Long-Term Capital Management, ERJ, Aerostructure

EDGEWOOD, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets.

Key Points: 
  • EDGEWOOD, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets.
  • These new orders will see deliveries continue into 2024.
  • “CPI Aero is proud to be part of the successful Phenom 300 program where we continue to demonstrate our capabilities in assembly & integration of complex, mixed-commodity Aerostructures.
  • During the last 10+ years, we have delivered over 1,600 Engine Inlet Assemblies and fully expect to continue serving this important customer beyond 2024,” stated Dorith Hakim, CPI Aero’s CEO & President.

Embraer doubles its service center capacity by expanding maintenance and customer support capabilities in the USA

Retrieved on: 
Wednesday, December 20, 2023
MRO, Support, Jet, ERJ, Growth, Paint, Maintenance (technical)

MELBOURNE, Fla., Dec. 20, 2023 /PRNewswire/ -- Embraer (NYSE: ERJ, B3: EMBR3) announced today that it is doubling its maintenance service capacity in the United States, to support the continued growth of its executive jets' customer base through the addition of three Executive Aviation Maintenance, Repair and Overhaul (MRO) facilities in Dallas Love Field, TX, Cleveland, OH, and Sanford, FL.

Key Points: 
  • "We are pleased to offer additional service locations for our customers as we will significantly expand the capacity, capability, and footprint of our MRO network in the USA.
  • Our Executive Jets fleet has been growing rapidly over the last several years as strong demand continues across the entire product portfolio.
  • Embraer currently has three owned U.S.-based service centers dedicated to its executive jet customers located in Mesa, AZ, Melbourne, FL, and Fort Lauderdale, FL.
  • Further, the company has 24 authorized service centers for its executive jets across the USA.

Nidec and Embraer Receive Approval for Joint Venture to Develop Electric Propulsion System for Aerospace Sector

Retrieved on: 
Friday, October 6, 2023
Engineering, Technology, Aerospace, Other Technology, Manufacturing, Other Manufacturing, Eve Air Mobility, Tokyo Stock Exchange, Senior, OTC, NYSE, ERJ, Innovation, EPS, Paris Air Show, Disclosure, UAM, Motion, Embraer, Urban Air Mobility, Advanced Electric Propulsion System, Digital, EVEX, Growth, Strategic management, Aviation, Braley, Management, Cryptocurrency, Nidec

Japan’s Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC.

Key Points: 
  • Japan’s Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC.
  • The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering conglomerates to develop Electric Propulsion Systems (EPS) for the aerospace sector.
  • Braley brings broad experience in business development and management to his new role to lead the joint venture’s future growth.
  • Nidec owns a 51% share of the joint venture, and Embraer the remaining 49%.

Embraer reimagines excellence with the all-new Phenom 100EX

Retrieved on: 
Tuesday, October 10, 2023
Innovation system, NYSE, RAF, ERJ, Lightning, 3D, ANAC, Finnish Aviation Academy, Phenom, Communication, Aircraft, Safety, EASA, Maintenance, FAA, Embraer Phenom 100, Airline, Embraer, Etihad Airways

Now, the new Phenom 100EX delivers superior cabin comfort, operational versatility and safety enhanced pilot-centric avionics to offer the ultimate flying experience.

Key Points: 
  • Now, the new Phenom 100EX delivers superior cabin comfort, operational versatility and safety enhanced pilot-centric avionics to offer the ultimate flying experience.
  • The Phenom 100EX is the result of continuous improvements over the years based on customer feedback.
  • "We are proud to announce the Phenom 100EX—an aircraft designed to experience excellence with superior comfort and disruptive technology that enhances safety," said Michael Amalfitano, President and CEO of Embraer Executive Jets.
  • For more information on the Phenom 100EX, please find our brochure here:

Embraer S.A.: MATERIAL FACT

Retrieved on: 
Monday, September 18, 2023
Agreement, Resolution, Companhia de Telecomunicações de Macau, Sale, Party, Transaction, Growth, NYSE, EMBRAER, Sales, Tempest

("AllowMe"), a business unit of Tempest dedicated to develop anti-fraud software to Serasa Experian ("Transaction").

Key Points: 
  • ("AllowMe"), a business unit of Tempest dedicated to develop anti-fraud software to Serasa Experian ("Transaction").
  • The Transaction is in line with the Company's long-term strategy of consistent focus and growth in the cybersecurity market through Tempest.
  • The closing of the Transaction depends on the satisfaction of the usual conditions precedent for this type of operation.
  • The Company will keep its shareholders and the market in general informed about the development of the Transaction.

Embraer and CAE strengthen ties to expand global E-Jet E2 training network

Retrieved on: 
Wednesday, August 30, 2023
Partnership, CAE, ECTS, FTD, Aircraft, Embraer E-Jet E2 family, ERJ, TSX, FFS, NYSE, Support, Airline, E2, Embraer

Embraer-CAE Training Services (ECTS) will launch a new pilot training program and deploy a state-of-the-art E-Jet E2 full-flight simulator (FFS) at the Singapore-CAE Flight Training Centre where training is scheduled to begin in December 2023.

Key Points: 
  • Embraer-CAE Training Services (ECTS) will launch a new pilot training program and deploy a state-of-the-art E-Jet E2 full-flight simulator (FFS) at the Singapore-CAE Flight Training Centre where training is scheduled to begin in December 2023.
  • E2 pilot and cabin crew training programs will be gradually expanded to strategic locations within CAE's global network to support aircraft deliveries.
  • "We are more than ever committed to providing high-quality training programs available in locations close to our E-Jet E2 operators."
  • The E2 training program will feature CAE 7000XR Series full-flight simulators (FFSs), including the innovative CAE Tropos™ 6000XR visual system, as well as CAE XR Series' flight training devices (FTDs).

Embraer E195-E2 Granted Type Certification in China

Retrieved on: 
Wednesday, August 23, 2023
Letter, Noise, Type certificate, SAF, Tianjin Airlines, E190-E2, Civil Aviation Administration of China, CAAC, Carbon, Embraer E-Jet E2 family, Certification, NYSE, ERJ, COVID-19, Sichuan Airlines, Hebei Airlines, Paris Air Show, Paris, ARJ21, CO2, Safety, Embraer, Colorful Guizhou Airlines, Airline, E2

BEIJING, Aug. 22, 2023 /PRNewswire/ -- Embraer E195-E2 (B3: EMBR3, NYSE: ERJ), the largest member of the E-Jet family, has been granted its Type Certificate by the Civil Aviation Administration of China (CAAC).

Key Points: 
  • BEIJING, Aug. 22, 2023 /PRNewswire/ -- Embraer E195-E2 (B3: EMBR3, NYSE: ERJ), the largest member of the E-Jet family, has been granted its Type Certificate by the Civil Aviation Administration of China (CAAC).
  • "It's another milestone for the largest Embraer jet – the E195-E2 – to be certified by CAAC," said Guo Qing, Managing Director and VP Commercial Aviation, Embraer China.
  • "With both the Chinese and Brazilian governments reiterating their support for Embraer's activities in China during Brazilian President Lula's State visit to China, I'm very optimistic about the opportunities in China," Guo added.
  • Embraer has also established a comprehensive after-sales service and support system in China, including authorized maintenance centers, spare parts warehouses, and complete pilot training network.

Nidec and Embraer announce joint venture agreement to develop Electric Propulsion System for emerging aerospace industry

Retrieved on: 
Monday, June 19, 2023
Engineering, Aerospace, Manufacturing, Partnership, Advanced Electric Propulsion System, International Civil Aviation Organization, Senior, Vertical, EVEX, Urban Air Mobility, History, Carbon, NMC, JV, CAA, ERJ, Eve Air Mobility, Motion, ICAO, OTC, Growth, Paris Air Show, UAM, NYSE, TSE, Embraer, Aircraft, Airline, Renewable energy, Transport, Nidec

Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector.

Key Points: 
  • Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sector.
  • The JV will develop and manufacture the Electric Propulsion System for electric Vertical Take-Off Landing (eVTOL) vehicles, with the aim of providing the system to non-eVTOL vehicles in the future.
  • Nidec Aerospace will be jointly owned, with Nidec owning a 51% share and Embraer the remaining 49%.
  • That’s why I’m extremely excited about this strategic partnership with Nidec to develop agnostics solutions for aerospace sector,” said Francisco Gomes Neto, President and CEO at Embraer.

Embraer Wins Order for Fifteen E195-E2s

Retrieved on: 
Monday, January 16, 2023
ERJ, US, NYSE, Airline, Renewable energy, Nightclub, Embraer

SÃO JOSÉ DOS CAMPOS, Brazil, Jan. 16, 2023 /PRNewswire/ -- Embraer (NYSE: ERJ, B3: EMB3) has secured a new firm order for 15 new E195-E2 aircraft from an undisclosed customer.

Key Points: 

SÃO JOSÉ DOS CAMPOS, Brazil, Jan. 16, 2023 /PRNewswire/ -- Embraer (NYSE: ERJ, B3: EMB3) has secured a new firm order for 15 new E195-E2 aircraft from an undisclosed customer.
The order is valued at US$1.17 billion at list price and will be added to the Q4 2022 backlog.

EMBRAER EARNINGS RESULTS - 3rd QUARTER 2022

Retrieved on: 
Monday, November 14, 2022
Company, ERJ, NYSE, Embraer, EBITDA, EBIT, FCF, EMBRAER, YTD, Bank

SO PAULO, Nov. 14, 2022 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Third Quarter 2022 Earnings Results.

Key Points: 
  • SO PAULO, Nov. 14, 2022 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Third Quarter 2022 Earnings Results.
  • Embraer delivered 10 commercial jets and 23 executive jets (15 light / 8 mid/super-midsize jets) in 3Q22, bringing YTD deliveries to 27 commercial jets and 52 executive jets (33 light /19 mid/super-midsize jets).
  • Although deliveries have been back ended to 4Q22 due to supply chain challenges in 2022, they are close to historical average for the quarter.
  • The Company finished the quarter with net debt of US$1.275 billion, or US$0.53 billion less than 3Q21 in line with the strategy to reduce interest expenses.