Brazilian aerospace manufacturer Embraer has posted its results for the first quarter of the 2020 financial year. Delivering just five commercial jets and nine executive jets (five light/four large), the report shows the effects of a crisis that has cut deep. Though Q1 sales are typically lower across the board, by comparison the company delivered
A substitution of Boeing by the Chinese firm in charge of airliner development has very little chance of becoming a reality for a variety of operational reasons.
Brazilian Airline Azul and aircraft manufacturer Embraer have reached an agreement to defer its order of 59 E2 jets, which comes after the airline increased its order by 50 per cent earlier this year. The airline has made the decision to defer to help conserve cash as it faces the downturn due to the COVID-19
Brazilian aerospace manufacturer Embraer has announced its Q1 2020 orders and deliveries log, in a briefing delivered to shareholders in the city of São José dos Campos yesterday.
Brazilian aircraft manufacturer Embraer has sought advisory assistance in an move towards formally requesting Brazilian government support after a deal with Boeing fell through. Embraer has hired an investment bank, Itau BBA, to advise in talks with the Brazilian Development Bank (BNDES) for government support. The plane manufacturer is seeking credit lines of between $1
Boeing has walked away from a $4.2 billion deal planned with Brazilian aircraft manufacturer Embraer.
