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Embraer announces sale of six A-29 Super Tucano at Farnborough
Prnewswire· 2024-07-23 16:44
FARNBOROUGH, England, July 23, 2024 /PRNewswire/ -- Embraer (B3: EMBR3, NYSE: ERJ) announced today during the Farnborough International Airshow, the most important aerospace industry event of the year, the sale of six A-29 Super Tucano aircraft to the Paraguayan Air Force (FAP). "We are honored by the Paraguayan Air Force (FAP) decision and very pleased to be able to announce more A29 Super Tucano sales, which is a leading aircraft in the international market in its segment. We are confident that the A-29 m ...
American Airlines Orders 180 CF34 Engines to Power New Embraer 175 Fleet
Prnewswire· 2024-07-23 12:52
More than 7,500 CF34 engines are in service with more than 900 Regional and Business Jet operators globally. The CF34-8E has accumulated more than 40 million flight hours and 29 million cycles since entering service on the Embraer E170/175 in 2004. Today, the CF34 engine line, which includes -3, -8, and -10 models, powers more than 2,500 regional commercial aircraft. GE Aerospace has delivered nearly 11,000 CF34 engines and the line has a track record for outstanding reliability and durability, with a dispa ...
The Netherlands to acquire nine Multi-Mission Airlift Embraer C-390 Millennium in joint order with Austria
Prnewswire· 2024-07-22 18:14
The C-390 will improve operational capacity by offering better performance, greater reliability, and higher transport capacity. Additionally, the choice for the C-390 ensures that the Royal Dutch and Austrian Air Forces are equipped with state-of-the-art technology to meet the mission demands of the future. The C-390 can carry more payload (26 tons) compared to other medium-sized military transport aircraft and flies faster (470 knots) and farther, being capable of performing a wide range of missions such a ...
Embraer increased deliveries 88% quarter on quarter in 2Q24 and backlog totaled US$21.1bn - a 7-year high
Prnewswire· 2024-07-19 01:59
SÃO PAULO, July 18, 2024 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: EMBR3) delivered 47 jets in 2Q24, an 88% increase compared to the previous quarter (qoq), when 25 jets were delivered. The company's overall backlog ended at US$21.1 billion, more than 20% higher annually (yoy) and a 7-year high. Commercial Aviation was the highlight of the quarter with 19 jets deliveries – or circa 170% more qoq (7 jets in 1Q24). Meanwhile, Executive Jets delivered a solid performance with 27 aircraft (18 in 1Q24) while Defen ...
Why Embraer (ERJ) is a Top Growth Stock for the Long-Term
ZACKS· 2024-06-12 14:50
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. What are the Zacks Style Scores? Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, an ...
Embraer (ERJ) Recently Broke Out Above the 20-Day Moving Average
ZACKS· 2024-06-11 14:35
Embraer (ERJ) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ERJ crossed above the 20-day moving average, suggesting a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. Simi ...
Embraer: Ready To Fly Even Higher
Seeking Alpha· 2024-06-11 05:47
Investment Thesis Introduction History And Business Model Revenue, EBIT and Backlog (IR Company) Embraer Fundamentals | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------|---------|--------|--------|------------|--------|---------|-------| | | | | | | | | | | Name | Embraer | Boeing | Saab | Bombardier | GD | Textron | RTX | | Market Cap | $5.3B | $116B | $13.7B | $6.3B | $82B | $16.3B | $143B | | Revenue | $5.35B | $76B | $5B | $7.9B | $43B | $13.8B | $71B | | Revenue Growth 3 ...
Mexicana de Aviación Orders 20 Embraer E2 Aircraft
Prnewswire· 2024-06-03 16:18
SÃO JOSÉ DOS CAMPOS, Brazil,, June 3, 2024 /PRNewswire/ -- Mexicana de Aviación, Mexico's state- owned carrier, has ordered 20 Embraer (NYSE: ERJ; B3: EMBR3) E2 aircraft. The deal is for 10 E190-E2 and 10 E195-E2 jets. Deliveries will begin in 2Q25. Mexicana will configure the E190-E2 with 108 seats, and the E195-E2 with 132 seats – both in a single class layout. Mexicana will be the first E2 operator in Mexico, benefitting from the E2's low operating costs and fuel efficiency, highlighting Mexicana and Emb ...
Why Embraer (ERJ) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-06-03 14:56
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. The popular research service can help you become a smarter, more self-assured investor, giving you ...
Embraer (ERJ) Q1 Earnings Beat Estimates, Revenues Up Y/Y
Zacks Investment Research· 2024-05-13 12:56
Shares of Embraer S.A. (ERJ) dropped 2.4% to reach $25.92 on May 10, following the company’s latest result release.Embraer reported a first-quarter 2024 adjusted loss of 7 cents per American Depository Share (ADS), which was narrower than the Zacks Consensus Estimate of loss of 12 cents per share. The bottom line was also narrower than the loss of 48 cents per share incurred in the prior-year quarter.The company reported quarterly GAAP earnings of 16 cents per ADS against a loss of 39 cents per share report ...