Welcome to our dedicated page for Embraer news (Ticker: ERJ), a resource for investors and traders seeking the latest updates and insights on Embraer stock.
Embraer S.A. (ERJ) generates frequent news across commercial, executive and defense aviation, as well as capital markets activity. As a global aerospace company headquartered in Brazil, Embraer regularly publishes updates on aircraft orders, deliveries, backlogs and financial performance through press releases and Form 6-K filings.
Investors following Embraer news can expect recurring coverage of quarterly earnings results, where the company reports revenues, adjusted EBIT, free cash flow, aircraft deliveries by segment and total firm order backlog. These releases often highlight records such as all-time high second or third quarter revenues and backlog levels, along with guidance for commercial and executive jet deliveries.
Another key category of news involves aircraft orders and backlog developments. Recent announcements include firm orders for E175 and E195-E2 jets by airlines in North America, Europe and Africa, as well as a large E195-E2 order from Avelo Airlines with additional purchase rights. Embraer also reports on selections of its KC-390 Millennium and A-29 Super Tucano in the Defense & Security segment and on growth in its Services & Support backlog.
Embraer’s news flow also covers financing and liability management, such as cash tender offers for outstanding notes, new bond issuances by its financing subsidiary and related updates on maximum tender amounts and early tender results. In addition, the company discloses shareholder-related decisions, including interest on equity, interim dividends, share buyback programs and the engagement of a market maker to foster liquidity in its Brazilian-listed shares.
For anyone tracking ERJ, this news page provides a centralized view of Embraer’s operational milestones, major commercial wins, defense contracts and capital structure actions, based on the company’s own announcements and regulatory filings.
Eve Urban Air Mobility Solutions, part of Embraer, has partnered with Nautilus Aviation to develop Urban Air Mobility (UAM) in Australia. This collaboration includes the order of 10 electric vertical takeoff and landing (eVTOL) aircraft, aiming to initiate flights over Queensland’s Great Barrier Reef by 2026. Nautilus plans to transition to zero-emission flights, aligning with its commitment for net-zero emissions by 2030. The partnership emphasizes sustainability in tourism, showcasing Eve's eVTOL technology as a viable solution for eco-friendly travel, marking a significant step in the advancement of green aviation.
Embraer S.A. (ERJ) announced the approval of a partial spin-off of Yaborã Indústria Aeronáutica S.A. in an Extraordinary Shareholders' Meeting on November 30, 2021. This Transaction, effective January 1, 2022, allows Embraer to reintegrate its commercial aviation business, promising a reduction in operating, administrative, and tax costs. The integration of information technology systems between Embraer and Yaborã will take place in January 2022, leading to a temporary reduction in company activities while ensuring essential operations continue. All terms of the Transaction remain unchanged.
On Nov. 23, 2021, Embraer (NYSE: ERJ) and the Royal Netherlands Aerospace Center (Royal NLR) signed a Memorandum of Understanding aimed at fostering strategic collaboration in aerospace research. The agreement focuses on technology development in defense, space systems, and sustainability. This partnership extends their long-term relationship, enhancing efforts in automated maintenance and supporting the design of Embraer's aircraft, including the E-Jets and KC-390. This collaboration builds upon a previous MoU established with the Netherlands Aerospace Group in September 2021.
OGMA, part of the Embraer Group, has signed a significant new contract with Pratt & Whitney to provide maintenance for GTF engines used in E190-E2 and E195-E2 aircraft. This partnership builds on last year’s agreement to service PW1100G-JM engines. The project entails an investment of 80 million euros and aims to create about 500 jobs, with expected annual revenue growth to nearly 600 million euros. The collaboration is projected to generate over 13 billion euros in revenue over 30 years, enhancing OGMA's role in the GTF MRO network.
Viasat (NASDAQ: VSAT) and Embraer (NYSE: ERJ) have signed a Buyer-Furnished Equipment agreement to incorporate Viasat's advanced In-Flight Connectivity (IFC) system as a factory option on Embraer's E2 aircraft. This partnership ensures airlines can deliver IFC services from day one of aircraft operation, improving passenger experience and reducing downtime associated with retrofitting. Multiple airlines, including Azul Airlines, are already opting for this factory-equipped version. Viasat becomes the first Ka-band IFC provider available on the E2 family.
Embraer (NYSE: ERJ) has secured a firm order for three E175 aircraft, with three additional purchase rights, from Nigeria's Overland Airways at the Dubai Air Show. Valued at USD 299.4 million at list price, these 88-seat aircraft are set for delivery starting in 2023. This agreement aims to enhance domestic flights and regional routes in Nigeria, capitalizing on the post-pandemic recovery in regional aviation. Overland's leadership highlights the investment as timely, providing comfort and efficient capacity for growing demand.
Embraer S.A. (NYSE: ERJ) reported that the Brazilian Federal Government has decided to unilaterally reduce the value of contracts for 28 KC-390 aircraft by 25%. The company plans to pursue legal measures for economic and financial rebalancing of these contracts upon formal notification from the government. Embraer remains committed to the KC-390 project and highlights its export potential, noting that the aircraft has already been acquired by two European nations. The company continues to emphasize its longstanding partnership with the Brazilian Air Force.
On November 12, 2021, Embraer (NYSE: ERJ) signed a Memorandum of Understanding (MoU) with Netherlands-based multiSIM to explore a partnership for defense and dual-use training solutions. The collaboration aims to enhance technology development and innovation for Embraer products. This follows a similar MoU signed with Fokker Services in October 2021, seeking opportunities across Defense, Commercial, and Support markets. Embraer is a leading global aerospace firm that has delivered over 8,000 aircraft since its inception in 1969 and is a key exporter in Brazil.
Embraer (NYSE: ERJ) has successfully completed the Critical Design Review for Hungary's KC-390 Millennium aircraft and initiated production at its Gavião Peixoto facility. This marks a significant milestone following Hungary's contract for two aircraft to enhance its Defence Forces' capabilities. The KC-390, featuring the first-ever Intensive Care Unit in its configuration, is designed for various military and civilian missions. The aircraft aligns with NATO requirements and boasts advanced technology for improved performance and reduced lifecycle costs. The first delivery is expected in 2024.
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