|Bid||18.80 x 800|
|Ask||18.81 x 800|
|Day's Range||18.64 - 19.02|
|52 Week Range||17.99 - 28.55|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.23 (1.26%)|
|1y Target Est||N/A|
Dozens of people were injured on Tuesday, two critically, when an Aeromexico-operated Embraer passenger jet crashed soon after takeoff in Mexico's state of Durango, but authorities said there were no fatalities. Ed Giles reports.
Delta's new A220 will undergo flight tests this fall, with the new regional jet expected to enter service in early 2019.
The chief investment officer of Brazilian pension fund Previ said on Tuesday the fund needed more details to approve a proposed deal between Embraer SA and Boeing Co.. The fund, a shareholder in Embraer, was favorable "in principle" towards the deal, but needed details on how much debt and which assets would be transferred to the new company in which Boeing would have an 80 percent stake, CIO Marcus Moreira said on the sidelines of a pension fund conference. Previ has a 3.9 percent stake in Embraer, but according to intricate Embraer bylaws, the votes of Brazilian shareholders should represent 60 percent of total votes.
SAO PAULO/BRASILIA, Sept 6 (Reuters) - A Brazilian judge ruled that President Michel Temer must convene a council of military representatives and politicians to analyze planemaker Embraer SA's deal with Boeing Co, newspaper Valor Economico said on its website on Thursday. Judge Victorio Giuzio Neto did not issue any decision on a motion filed by congressmen from the leftist Workers' Party requesting the end of negotiations between Embraer and Boeing.
The Brazilian government will approve the tie-up between Boeing Co (BA.N) and Embraer SA (EMBR3.SA), which is still under President Michel Temer's mandate, but only after the October presidential elections, Brazilian Defense Ministry Joaquim Silva e Luna said on Thursday. The U.S. plane maker announced in early July it plans to take over the commercial jet unit of Embraer in a proposed $4.75 billion joint venture. Boeing would have an 80 percent stake in the venture.
The Brazilian government will approve the tie-up between Boeing Co and Embraer SA , which is still under President Michel Temer's mandate, but only after the October presidential elections, Brazilian Defense ...
Embraer could have a realistic shot at snagging United Airlines as the first marquee customer for its E2-series jets, but only if United's management is forced to give up on its "Plan A" for fleet expansion.
Embraer's top airplane salesman, Rodrigo Silva e Souza, mentions the SeaTac-based airline and United in remarks he made in Florida. But Alaska Airlines says it's not jet shopping just yet.
Brazilian aircraft maker Embraer faces the same type of supply chain slowdown that has impacted Boeing's 737 production and led Airbus to consider slowing A320neo deliveries.
Embraer has highlighted Alaska Airlines, Spirit Airlines and United Airlines as US carriers that would most benefit from operating the Brazilian company's new-generation E-Jets E2.
Mexicans stocks fell to a six-week low, hit by losses in cement company Cemex, and Brazilian equities dipped on Thursday, while the pesos of Mexico and Colombia bounced back from steep losses sparked by ...
The 29-percent decline in Embraer shares since July 5 has brought the shares back to the levels where they traded before the Boeing partnership was first announced in late 2017, Milberg said in the upgrade note.
Brazil's Congress should be consulted on a plan for U.S. planemaker Boeing Co (BA.N) to take over the commercial jet unit of Embraer SA (EMBR3.SA), the speaker of Brazil's lower house of Congress said in a newspaper interview published on Monday. The preliminary deal, announced last month, has drawn fire from presidential candidates in Brazil who are concerned about preserving jobs and keeping Embraer competitive. A congressional review could further complicate the politics of a tie-up aimed at challenging the alliance of Airbus SE (AIR.PA) and Bombardier Inc (BBDb.TO).
The company's long-running campaign to broaden its plane business gets a boost, but don't pop those champagne corks yet.
The CEO for the Bellevue-based aerospace components supplier says revenue from new regional jet parts is going to be three times higher than jet programs they're replacing, a good indicator of the future growth Esterline expects.
Four Brazilian lawmakers have petitioned the federal court to stop Embraer from forming two proposed joint ventures with Boeing. Embraer dismisses the attempt by the Workers Party members as a "natural" reaction to its proposed transactions but not a barrier to completing the deals.
At least 65 U.S. citizens were aboard the Aeromexico passenger jet that crashed in northern Mexico, a U.S. official said on Wednesday, as investigators combed the wreckage for clues to the cause of the accident. The Mexico City-bound Embraer 190 passenger jet smashed into scrubland near the runway shortly after the plane took off from an airport in northern Durango state on Tuesday. The U.S. consulate general in Monterrey and the U.S. embassy in Mexico City have been in touch with local and federal officials in Mexico and with the airline, an embassy spokesman said.
Investigators sifting through the wreckage of an Aeromexico passenger jet on Wednesday located the plane's flight recorders, which may hold clues about what caused it to crash as it took off during stormy weather in northern Mexico. The Mexico City-bound Embraer 190 passenger jet smashed into scrubland near the runway shortly after the plane took off from an airport in northern Durango state on Tuesday. Luis Gerardo Fonseca, director of Mexico's civil aviation agency, told local news media on Wednesday that the recorders had been found.
Investigators including U.S. officials began sifting through the wreckage of an Aeromexico-operated passenger jet on Wednesday for clues to what caused it to crash in Mexico's state of Durango, the head of the country's civil aviation agency said. All 103 passengers and crew survived when the Mexico City-bound Embraer 190 passenger jet smashed into scrubland near the runway during takeoff on Tuesday, evacuating the plane before it caught fire. Nearly everyone on the flight suffered minor injuries, according to Mexican officials.
Dozens of people were injured when a packed Aeromexico-operated Embraer jet crashed right after takeoff in Mexico's state of Durango on Tuesday, but authorities said most were not seriously hurt and there were no fatalities. Passengers and crew jumped to safety before the plane was engulfed in flames. Passenger Jackeline Flores told reporters the plane crashed shortly after taking off in heavy rain.
MEXICO CITY (AP) — The latest on the crash of an Aeromexico airliner in Mexico's northern state of Durango (all times local):