ERJ Stock Recent News

A two phased plan will start with operations in an existing hangar while construction of a new state of the art facility is underway. Fort Worth City Council approved incentives that will create approximately 250 new skilled aviation jobs in Texas FORT WORTH, Texas , Oct. 15, 2024 /PRNewswire/ -- Embraer (B3: EMBR3, NYSE: ERJ) today announced the expansion and investment in the United States of its maintenance, repair and overhaul (MRO) services network to support the growing fleet of E-Jets with the opening of a new Embraer owned service center at the Perot Field Alliance Airport, in Fort Worth, Texas.

Electric aircraft maker Eve has secured an $88 million loan deal with Brazil's state development bank BNDES to fund the development of its first production facility, it said in a statement on Tuesday.

SÃO JOSÉ DOS CAMPOS, Brazil , Oct. 10, 2024 /PRNewswire/ -- The E-Freighter, Embraer's (B3: EMBR3, NYSE: ERJ) E190F has been fully certified by the Federal Aviation Administration (FAA). Embraer's passenger-to-freighter conversion and the Cargo Loading System, developed by U.S. Cargo Systems, have received the certification by FAA in September 2024.

Brazilian planemaker Embraer views Mexico as a prime market for its Super Tucano and C-390 defense aircraft, the company's head said on Monday.

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South Africa has advanced in talks for a potential purchase of Embraer's C-390 Millennium, the Brazilian planemaker said on Wednesday, after showcasing the military cargo aircraft in the African nation for the second time.

Despite cash flow pressures and rising debt, Embraer achieved a 38% annual increase in net income, with expectations of higher margins and profitability. Embraer's backlog of $21.1 billion, the highest in 7 years, and a balanced book-to-bill ratio support my positive outlook. Valuation indicators suggest a 17% upside potential, making Embraer an attractive investment despite a 90% share price increase this year.

Electric aircraft maker Eve has appointed former Rolls-Royce executive Megha Bhatia as its new chief commercial officer, the company said on Tuesday, as it continues to develop its "flying taxi".

SÃO JOSE DOS CAMPOS, Brazil, Sept. 16, 2024 /PRNewswire/ --  EMBRAER S.A.

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