|Bid||18.04 x 800|
|Ask||0.00 x 1200|
|Day's Range||17.65 - 18.11|
|52 Week Range||16.81 - 23.68|
|Beta (3Y Monthly)||-0.46|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (0.23%)|
|1y Target Est||24.10|
The Brazilian aerospace company posted another quarterly loss, but it is seeing strong demand for its new Praetor-series executive jets, and it recently bagged its first export order for the KC-390 multimission military jet.
Brazilian planemaker Embraer on Wednesday swung to a $7.2 million profit in the second quarter as higher revenue at its executive jets business offset lower commercial jet sales, but still played down hopes of turning a profit in 2019. The company had reported a quarterly loss of $131 million a year earlier, impacted by a runway incident that delayed development of a new military plane. The profit in the three months through Junes was better than the Refinitiv consensus estimate of a $29 million loss.
SÃO PAULO, Aug. 14, 2019 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Second Quarter 2019 Earnings Results. HIGHLIGHTS Embraer delivered 26 commercial and 25 executive (19 light and ...
SÃO PAULO, Aug. 13, 2019 /PRNewswire/ -- Embraer announces that the company's new Praetor 500 midsize business jet was granted its Type Certificate by Brazil's Civil Aviation Authority (ANAC—Agência Nacional ...
SAO JOSE DOS CAMPOS, Brazil , Aug. 7, 2019 /PRNewswire/ -- Embraer announced today that it has signed a contract with SkyWest, Inc. (NASDAQ: SKYW) for a firm order of seven E175 jets in a 70-seat configuration. ...
The A220 deal emerged after Boeing turned to the bond markets late Monday to help pay for its takeover of Embraer.
Brazil planemaker Embraer delivered 26 commercial planes in the second quarter of 2019, down from 28 planes in the same period of 2018 and 35 in 2017, the company said in a securities filing on Tuesday. Embraer has been struggling to turn a profit in recent months, as demand for its executive jets remains weak and its new generation commercial planes have not met certain requirements to be flown by the larger carriers in the United States. Deliveries of executive jets rose slightly to 22 planes from 20 planes a year earlier.
SÃO JOSÉ DOS CAMPOS, Brazil , July 30, 2019 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: EMBR3;) delivered a total of 51 jets in the second quarter of 2019 (2Q19), of which 26 were commercial aircraft and 25 ...
Papua New Guinea's Air Niugini is looking to replace its entire fleet of 25 planes in the coming years and has sought information from manufacturers and lessors about options before launching a formal tender, its managing director said on Friday. "Everything is on the table at the moment," Managing Director Alan Milne, a former Qantas Airways Ltd executive who took on the role in November, told Reuters in a phone interview. Two are meant to replace two 737 NG series planes in operation, but the need for the other two is unclear and they could be switched to Boeing widebodies or Embraer SA regional jets once Boeing's deal to buy 80% of the Brazilian planemaker's commercial division closes, Milne said.
SÃO PAULO, July 11, 2019 /PRNewswire/ -- The Portuguese Government announced today a firm order of five multi-mission airlifters Embraer KC-390 as part of the process to modernize Portuguese Air Force capacities to support national Armed Forces operations and increase readiness in missions of public interest. The KC-390 is designed to set new standards for efficiency and productivity in its category while presenting the lowest life-cycle cost of the market. The aircraft can perform different types of military and civilian missions including humanitarian support, medical evacuation, search and rescue and firefighting, while fully meeting the requirements of the Portuguese Air Force, adding new superior cargo and troops transport, aerial delivery and aerial refueling capabilities.
Portugal's government will buy five KC-390 military transport aircraft and a flight simulator from Brazilian aerospace company Embraer for 827 million euros ($932 million), Defence Minister Joao Gomes Cravinho said on Thursday. The first of the five planes will be delivered to the Portuguese armed forces in February 2023, with the rest arriving by February 2027. Portugal's armed forces have used C-130 Hercules made by Lockheed Martin for 40 years.
Moody's Investors Service ("Moody's") downgraded its ratings of Triumph Group, Inc. ("Triumph"), including the Corporate Family Rating (CFR) to Caa1 from B3, Probability of Default Rating to Caa1-PD from B3-PD and senior unsecured to Caa2 from Caa1. Moody's also upgraded the Speculative Grade Liquidity (SGL) rating to SGL-3 from SGL-4. The downgrades reflect Moody's expectations of limited cash generation, weak credit metrics and a sustained reliance on external financing over the next few years.
Flyadeal picks Airbus A320 Neo jets over Boeing's (BA) 737 MAX 8. This replaces the $5.9 billion-agreement signed last December for 50 737 Max 8 jets.
Mitsubishi Heavy Industries will buy the remnants of the CRJ regional jet program in order to gain control of Bombardier's global sales, service, and support networks.
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 delivery ...
After opening a new headquarters in Renton in May and rebranding its MRJ as the new "The SpaceJet," Mitsubishi Aircraft makes a $550 million move to bolster Japan's first commercial jet, which is being flight tested in Washington.
PARIS/MONTREAL (Reuters) - Japan's Mitsubishi, which agreed on Tuesday to buy Bombardier's loss-making regional jet program, plans to exploit the Canadian company's support network and global customer list to rejuvenate its delayed efforts to conquer the jet market. The deal comes days after Mitsubishi announced a redesigned 65-88-seat regional jet at the Paris Airshow and gave the MRJ a facelift and new brand: Spacejet, promoting high cabins which it says will allow passengers to store rollerbags in overhead bins.
Boeing scored several deals this week at the Paris Air Show, including agreements to sell 200 737 Max jets and to service Airbus jets for British Airways.