|Bid||0.00 x 2200|
|Ask||21.20 x 2900|
|Day's Range||19.04 - 19.72|
|52 Week Range||18.29 - 28.55|
|PE Ratio (TTM)||23.21|
|Forward Dividend & Yield||0.22 (0.95%)|
|1y Target Est||24.32|
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.
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):
Brazilian plane maker Embraer said it is ready to assist authorities investigating the crash of one of its planes in Mexico on Tuesday. Embraer said in a statement that a team of its technicians has been ...
The Brazilian aerospace company has reached a tentative deal to sell 80% of its commercial jet business to Boeing, but otherwise, it had a tough second quarter.
Brazilian planemaker Embraer SA on Tuesday posted an unexpected second-quarter net loss after a flight testing incident with a KC-390 military cargo jet prototype ate into revenue from its defense division. Embraer, the world's third-largest planemaker, said it lost $126.5 million in the latest quarter, missing the average estimate of a $48 million net profit in a Thomson Reuters survey of six analysts and down from a profit of $62 million a year earlier. The KC-390 prototype went off a runway during a May ground test, causing damage that forced Embraer to use another aircraft for flight testing, delaying its delivery timeline and reducing net revenue by $127 million in the quarter.
A proposed joined venture between Brazilian planemaker Embraer SA and Boeing Co , originally slated to close by the end of next year, could be finalized earlier in 2019, Embraer Chief Executive Paulo Cesar ...
Brazilian planemaker Embraer SA said in a conference call with journalists on Tuesday that it lost $100 million in revenue in the second quarter after an incident during tests of its KC-390 military aircraft. The incident led to cost base revisions related to development of that airplane, Chief Financial Officer Nelson Salgado said after the company released its quarterly earnings. Embraer also said it was pushing back delivery of the first KC-390 plane to the Brazilian military to 2019.
NEW YORK, NY / ACCESSWIRE / July 31, 2018 / Embraer S.A. Sponsored ADR (NYSE: ERJ ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 31, 2018 at 10:00 AM Eastern Time. ...
Embraer has delayed the entry into service of the KC-390 with the Brazilian air force to 2019, after a runway excursion in May pushed the airframer to a $17.7 million operating loss in the second quarter.