Latest news with #Embraer
Yahoo
3 hours ago
- Business
- Yahoo
Brazil's Embraer delivers 61 aircraft in Q2, a 30% rise year-on-year
SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Wednesday it delivered 61 aircraft in the second quarter of 2025, a 30% increase from a year earlier. The deliveries in the quarter through the end of June included 19 commercial jets, in line with the same quarter last year, and 38 executive jets, a 41% jump in the same time frame, Embraer said in a securities filing. The company added it also delivered four defense aircraft in the period, from one delivery a year earlier. The Brazilian firm expects to deliver between 77 and 85 commercial planes and between 145 and 155 executive jets this year. Embraer is set to release its full second-quarter earnings on August 5, according to its investor relations website.
Globe and Mail
8 hours ago
- Business
- Globe and Mail
Embraer Wins $4B Scandinavian Airlines Order to Supply 55 E195-E2 Jets
Embraer S.A. ERJ recently secured a delivery order from Scandinavian Airlines ('SAS') to supply 45 of its E195-E2 aircraft, with the option to deliver 10 more such aircraft. The first jet deliveries are anticipated to begin in late 2027, with subsequent deliveries lasting around four years. The order's worth, excluding purchase rights, is around $4 billion. The aforementioned orders should boost Embraer's future revenue stream and bolster its profitability. Why E195-E2 Jets? Embraer's E195-E2, the largest aircraft in the E-Jet E2 family, achieves double-digit lower fuel consumption compared to the current-generation E-Jets. This must have encouraged SAS to add it to its existing fleet, as the carrier company seeks to improve its connectivity throughout Scandinavia and Europe. This jet offers seating for 120-146 passengers and features a flying range of 3,000 nautical miles (5,556 km). Such remarkable features must have been boosting the demand for the E195-E2 jets, as evidenced by the latest order and the company's delivery of an E195-E2 jet to Mexicana last month. This delivery was part of a larger 2024 deal to supply 10 E195-E2 aircraft to Mexico's state-owned carrier. Opportunities Ahead for ERJ Stock Rising air passenger traffic, backed by enhanced air travel among passengers and executives, along with the increasing demand for fuel-efficient and modern aircraft, is driving growth for commercial passenger jets. To this end, jet giant Airbus EADSY expects the world's passenger fleet to nearly double during the 2025-2044 period, with the demand for new commercial jets totaling 43,420 new aircraft. This demand trend should bode well for fuel-efficient jet makers like Embraer. Embraer's Commercial Aviation segment backlog at the end of the first quarter of 2025 was $10 billion, while that for executive jets amounted to $7.6 billion. Such a strong backlog not only reflects the consistent demand for ERJ's aircraft from commercial airlines, like the latest one, but also strengthens the company's revenue generation prospects. Prospects for Other Aerospace Stocks Other aerospace stocks that stand to benefit from the growing commercial aviation market are as follows: Airbus SE: It is one of the forerunners in the global commercial aircraft space. Its order backlog amounted to 8,726 commercial aircraft at the end of March 2025. Airbus has a long-term (three to five years) earnings growth rate of 4%. The Zacks Consensus Estimate for EADSY's 2025 sales suggests a year-over-year improvement of 12.9%. The Boeing Company BA: It has been a premier manufacturer of commercial jetliners for decades. Its Commercial Airplanes segment had a backlog of $460.4 billion as of March 31, 2025. Boeing has a long-term earnings growth rate of 18.1%. The Zacks Consensus Estimate for BA's 2025 sales suggests a year-over-year improvement of 25.6%. Textron Inc. TXT: Its Textron Aviation unit is a well-known designer of business jet brands like Cessna and Beechcraft. The segment's order backlog as of March 29, 2025 was $7.9 billion. Textron boasts a long-term earnings growth rate of 10%. The Zacks Consensus Estimate for TXT's 2025 sales calls for a year-over-year improvement of 6.6%. ERJ Stock Price Movement In the past six months, Embraer shares have risen 59.4% compared with the industry 's growth of 22.6%. ERJ's Zacks Rank Embraer currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA): Free Stock Analysis Report Embraer-Empresa Brasileira de Aeronautica (ERJ): Free Stock Analysis Report Textron Inc. (TXT): Free Stock Analysis Report Airbus Group (EADSY): Free Stock Analysis Report
Time Out
17 hours ago
- Time Out
This Japanese airline has opened bookings for a breathtaking flight experience around Mt. Fuji
There are few mountains in the world as famous as Mount Fuji (the best contender in Asia being, of course, Mount Everest). For first-timers to Japan, a trip to see the perfectly conical mountain is almost definitely part of the itinerary. There are a myriad of ways to enjoy Mount Fuji views, with popular options from Fuji Five Lakes, Hakone, or even on the bullet train between Tokyo and Osaka. But for a really spectacular option, you might want to take to the skies. Japan offers helicopter tours and private charter flights that'll take you on a breathtaking trip around Mount Fuji. And now, regional airline Fuji Dream Airways is launching scenic flight experiences around the famous mountain – available as standalone bookings for the first time ever. Before, you'd have to book the scenic flights as part of group tour packages – a pricier and less flexible option if you're the sort of traveller who prefers to make your own plans. Now, though, you can slot in a nifty one-hour flight on Fuji Dream Airways' 76-seat or 84-seat Embraer aircraft for close-up views of the iconic mountain. According to Fuji Dream Airways, the plane will cruise at a lower altitude as it passes Mount Fuji, so you're guaranteed a good view. During the flight, you'll also get an eyeful of other sights like the Japanese Southern Alps and Shizuoka's coastline. Flights depart every Saturday, Sunday, and public holiday at 7.30am all throughout July and August, with additional departures now added for September and October. Fares start from 20,000 Japanese yen (around £101) per person, exclusive of fuel surcharge and passenger facility costs. Kids under three years old get to fly for free. If you're ready for that dream flight around Mount Fuji, book at least seven days in advance on Fuji Dream Airways' website here.
Time of India
a day ago
- Business
- Time of India
SAS to buy 55 planes from Brazil's Embraer for $3.95 bn
Scandinavian carrier SAS said Tuesday that it would buy up to 55 aircraft from Brazilian manufacturer Embraer for 25 billion kroner ($3.95 billion). "We've signed a contract for 55 Embraer E195-E2" planes, chief executive Anko van der Werff told a press conference, adding that the company would buy 45 planes in a first step, with an option for 10 more. After years of financial struggles due in part to the effects of the Covid-19 pandemic on travel, the airline was placed under Chapter 11 bankruptcy protection in July 2022 and embarked on a major cost-cutting plan. It completed its restructuring in August 2024. The first Embraer planes are expected to be delivered in 2027 and will mainly be used on routes in the Nordic region. Live Events "It's like a renaissance," Van der Werff said of the airline's biggest investment since 1996. The planes are considered more fuel efficient and quieter than those currently in the carrier's fleet. SAS's main owners are the Danish and Swedish states as well as Air France-KLM.
Time of India
2 days ago
- Business
- Time of India
BIG! PM Modi Set To Ink Mega Defence Pact With Brazil: Akash Missiles, Submarines On Agenda
India and Brazil are gearing up to sign a big-ticket defence pact during PM Narendra Modi's upcoming visit. Brazil has expressed keen interest in India's Akash Air Defence System, coastal surveillance tech, and even joint submarine maintenance. Secretary (East) P Kumaran revealed that both nations are exploring defence collaboration in battlefield communication, offshore patrol vessels (OPVs), and co-development of new platforms like Garuda artillery guns. Brazil also seeks tech cooperation on its Scorpene-class submarines, and potential tie-ups in the aviation sector using the Embraer platform. Talks are underway on nuclear cooperation, green energy and biofuels, with possible discussions on small modular reactor (SMR) tech. With defence ties deepening, this visit could mark a new era in India-Brazil strategic relations. India's indigenous Akash missile system was instrumental in repelling Pakistan's attempted air strikes during Operation Sindoor. Developed by DRDO and inducted into the Indian Air Force and Army in the 2010s, the Akash system has come of age as India's frontline surface-to-air defence weapon.#RajasthanNews #PakHinduCouple #TharDesertTragedy #IndiaPakistanBorder #Jaisalmer #toi #toibharat #bharat #breakingnews #indianews Read More
