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Poponak states that Embraer is 90% business jet and regional jet, and currently, both private and domestic travel trends are strong.
Poponak sees "operational performance upside" for Embraer, with Q2 margins and cash flow "showing meaningful improvement despite the still-depressed volume."
Embraer's Eve Urban Air Mobility, LLC and Bristow Group Inc. (NYSE: VTOL) entered a Memorandum of Understanding to work together to develop an Air Operator's Certificate (AOC) for Eve's electric vertical takeoff and landing (eVTOL) aircraft.
Additionally, Bristow placed an order for up to 100 eVTOLs, with deliveries expected to start in 2026.
Price Action: ERJ shares are trading higher by 11.0% at $17.83, while VTOL is up 1.89% at $31.01 on the last check on Thursday.
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