Embraer News
Boeing expects Embraer deal to close in early 2020
Since receiving approval for the partnership from Embraer shareholders in February this year, the companies have undertaken diligent planning for the creation of a joint venture made up of the commercial aircraft and services operations of Embraer.
Embraer E195-E2 set to make Russian debut
Following a tour through China, Japan and Asia Pacific, Embraer’s latest plane, the E195-E2, will make its Russian debut at the upcoming Moscow air show, MAKS-2019.
Embraer celebrates anniversary with São Paulo investment
Embraer has announced a US$30 million investment in the expansion of its Eugênio de Melo unit. The facility is based in São José dos Campos, São Paulo, Brazil.
KLM Cityhopper expands Embraer partnership with latest order
KLM Cityhopper has revealed plans to purchase up to 35 E195-E2 jets from Embraer. The deal is composed of 15 firm orders and purchase rights for a further 20 aircraft of the same model.
Gomes Neto nominated as next Embraer chief executive
Embraer has announced the nomination of Francisco Gomes Neto, currently the president of Marcopolo, for the roles of president and chief executive of the company.
Air Peace places US$2bn order with Embraer
Embraer has signed a firm order for ten E195-E2 jets with Air Peace, Nigeria’s largest airline. The order was announced during Embraer’s Africa Airline Business Seminar in Mauritius.
Mauritania Airlines receives first E175 from Embraer
The introduction of the E175 is part of Mauritania’s fleet modernisation, replacing old aircraft and complementing their modern narrow-body aircraft.
Embraer reaches Phenom 300 milestone with latest delivery
According to General Aviation Manufacturers Association reports, the Phenom 300 is the only business jet model to reach this milestone in the last ten years.
Embraer chief executive to depart following Boeing deal
Embraer has revealed chief executive Paulo Cesar de Souza e Silva will step down on April 22nd, following the end of his current two year elected term.
Embraer shareholders approve Boeing tie-up during extraordinary general meeting
Boeing will hold an 80 per cent ownership stake in the new company, and Embraer will hold the remaining 20 per cent. The transaction values 100 per cent of Embraer’s commercial aircraft operations at $5.26 billion, and contemplates a value of $4.2 billion for Boeing’s 80 per cent ownership stake in the joint venture.
Embraer falls slightly short on delivery expectations
Embraer delivered a total of 181 jets in 2018, of which 90 were commercial aircraft and 91 were executive jets (64 light and 27 large).
SkyWest expands Embraer E175 fleet with new order
Embraer and SkyWest have signed a firm order for nine E175 jets, with deliveries expected to begin in 2019. The order has a value of US$422 million, based on current list prices, and was already included in Embraer’s 2018 fourth-quarter backlog.