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Strong overall backlog volume of US$ 21.1 billion (+13% QoQ) American Airlines placed a firm order for 90 E175 jets Commercial Aviation backlog rose US$2.3 billion (+26% QoQ) 1Q Executive Aviation deliveries were the highest of the last 8 years SÃO JOSÉ DOS CAMPOS, Brazil , April 19, 2024 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: EMBR3) delivered 25 jets in 1Q24, an increase of 67% compared to th...
Brazilian planemaker Embraer said on Friday it delivered 25 aircraft - seven commercial planes and 18 executive jets - in the first quarter of 2024, a 67% increase on a yearly basis.
Electric aircraft maker Eve has signed a letter of intent with Japan's public helicopter charter service company AirX to sell up to 50 electric vertical take-off and landing (eVTOL) aircraft, it said on Wednesday.
As the airline industry returns to form, announcing overall profitability for 2023, the investment potential of airline stocks is rising. Though the pandemic-era economic pressures and restrictions cratered the financials of many companies, the industry as a whole proved remarkably resilient.
São José dos Campos, Brazil , April 5, 2024 /PRNewswire/ -- Embraer S.A. (B3: EMBR3; NYSE: ERJ) announces the filing of its Form 20-F for the fiscal year ended 2023 with the U.S. Securities and Exchange Commission (SEC).
Management has successfully turned around Embraer in the last few years, repairing the company's balance sheet and leading the company to profitable growth in all of its segments. The company's leadership has made clear that it is now looking to "harvest" these efforts by monetizing the company's product portfolio. Profitability looks to be at an inflection point leading to a potential rerating...
Embraer has completed a multi-year turnaround, with an improved cost structure and EBITDA margins of over 10%. Embraer is guiding for 20% revenue and EBITDA growth in 2024. The stock has performed well, with potential for positive surprises in the commercial aircraft segment and the hidden asset of its eVTOL subsidiary, Eve Holdings.
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