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- Monday, January 20, 2025
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Lufthansa Group generates operating profit of 2.7 billion euros in 2023 and invests more than ever f...
Carsten Spohr, Chairman of the Executive Board and CEO of Deutsche Lufthansa AG, says: "The Lufthansa Group has regained its financial strength. I would like to thank our customers for their continued loyalty and each and every one of our approximately 100,000 employees. With their above-average commitment, they made 2023 one...
Thursday, March 7, 2024, 7:12 pm
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American Airlines Places Order for up to 133 Embraer Aircraft
Embraer (NYSE: ERJ; B3: EMBR3) has secured a major order for 133 aircraft from American Airlines Group Inc. (NASDAQ: AAL) to meet domestic demand in the United States. American has placed a firm order with Embraer for 90 E175s, with purchase rights for 43 additional jets. The aircraft will be delivered with 76 seats in American’s standard dual-class configuration. The deal, with all purchase rights exercised, i...
Tuesday, March 5, 2024, 3:04 pm
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Embraer Spearheads Discussions on Innovation and Sustainability in Aviation at SXSW 2024
Embraer is set to host a series of panels featuring industry leaders at South by Southwest (SXSW) 2024, a premier event for creativity and innovation. The discussions will focus on the future of sustainable transportation and innovation in aviation. The festival is scheduled for March 11-16 in Austin, TX. As an organization well-positioned to continue leading the world in sustainability, disruptive innovation, and...
Saturday, March 2, 2024, 6:21 pm
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Embraer-X highlights open innovation in a joint initiative with Sustainable Aero Lab
Embraer-X today announced a partnership with Hamburg-based Sustainable Aero Lab in a joint initiative to leverage open innovation in connection with global researchers, experienced entrepreneurs, founders, industry professionals and investors. The agreement highlights Embraer’s commitment to collaborate with the sustainable aviation of the future by exchanging experiences and investing in startup projects fo...
Thursday, February 29, 2024, 2:12 pm
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Embraer’s Phenom 300 leads the industry in twinjet deliveries and is the world’s best-selling lig...
Embraer today announced its industry-leading Phenom 300 series has maintained its status as the world's best-selling light jet for 12 consecutive years, while also attaining the best-selling twinjet for the fourth year running, according to data released by the General Aviation Manufacturers Association (GAMA). To achieve this distinction, the company delivered 63 Phenom 300 series aircraft throughout 2023. D...
Thursday, February 22, 2024, 2:52 pm
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Fokker Services Group, underway to becoming an Embraer Authorized Service Center
Fokker Services Asia (a subsidiary of Fokker Services Group) and Embraer announced today the signing of a Memorandum of Understanding. This MoU sets Fokker Services Group Asia’ facility in Seletar, Singapore on track to become an Authorized Service Center for Embraer’s first generation E-Jets family, supporting the steadily growing Embraer presence in the Asia Pacific region. The MoU paves the way for ...
Wednesday, February 21, 2024, 11:58 pm
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Embraer and Scoot sign agreement for Embraer Collaborative Inventory Planning
Embraer and Scoot, the low-cost subsidiary of Singapore Airlines, have signed a contract for the Embraer Collaborative Inventory Planning (ECIP), a tailored expendable spare parts inventory management program designed to assist customers reduce operational costs by optimizing inventory levels. The ECIP agreement, coupled with the Pool Program that Scoot has earlier signed for, will provide comprehensive support for S...
Tuesday, February 20, 2024, 9:41 pm
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Eve Air Mobility and SkyScape Announce First Urban ATM Agreement in Japan
Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) and SkyScape, a Japanese vertiport development and management company headquartered in Osaka, Japan, have announced an agreement to use Eve’s Urban ATM (air traffic management) as a part of the Advanced Air Mobility (AAM) concept of operations published by the Japanese government. The announcement makes Skyscape Eve’s 13th Urban ATM customer and it be...
Tuesday, February 20, 2024, 10:35 am
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Embraer and CAE inaugurate Asia Pacific’s first E-Jets E2 full flight simulator in Singapore
Embraer (NYSE: ERJ; B3: EMBR3) and CAE (NYSE: CAE; TSX: CAE) today officially inaugurated the Asia Pacific (APAC) region's first E-Jets E2 full flight simulator (FFS) in Singapore. E-Jets E2 training is the latest program offered by the recently expanded Embraer CAE Training Services (ECTS) joint venture. The E2 training program will feature CAE’s competency-based training assessment (CBTA) courseware, int...
Monday, February 19, 2024, 3:21 pm
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Eve Air Mobility and Yugo Sign Memorandum of Understanding to Study Potential for Urban Air Mobility...
Eve Air Mobility ("Eve") (NYSE: EVEX; EVEXW) and Yugo Global Industries Pte. Ltd. (“Yugo”), a Singapore-based aviation company, have announced that the two companies have signed a memorandum of understanding (MoU) to study the potential for Urban Air Mobility (UAM) and eVTOL flights in Southeast Asia. Yugo is a private aviation network established by aviation experts, with a global presence ...
Monday, February 19, 2024, 11:36 am
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Eve Air Mobility to Make Debut at Singapore Air Show
Eve Air Mobility (“Eve”) (NYSE: EVEX, EVEXW) will make its first appearance at the Singapore Air Show next week following a successful 2023 that saw the start of the production of its first full-scale prototype, selection of numerous suppliers and the announcement of its first production facility. The company's presence will feature its full-scale cabin mock-up and a unique virtual reality flight exp...
Friday, February 16, 2024, 11:15 pm
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Embraer joins United Airlines Ventures Sustainable Flight Fund
Embraer (NYSE: ERJ; B3: EMBR3) today announced that the company will join the United Airlines Ventures (UAV) Sustainable Flight Fund SM, an investment vehicle focused on scaling up the supply and availability of Sustainable Aviation Fuels (SAF) through investing in innovative startups. Launched in February 2023, the fund has grown to include 22 corporate partners from cross-industry businesses that, along with Uni...
Thursday, February 15, 2024, 1:53 pm
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Hungary's C-390 Millennium makes its maiden flight
The first C-390 Millennium of the Hungarian Air Force has successfully completed its maiden flight yesterday in Gavião Peixoto. Embraer Defense & Security team flew the aircraft for approximately 4 hours, carrying out a complete assessment of the aircraft, which will now undergo a test campaign ahead of the entry into service with the Hungarian Air Force. “This maiden flight is a major milestone f...
Saturday, February 10, 2024, 9:33 am
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Embraer and Mahindra announce collaboration on the C-390 Millennium Medium Transport Aircraft in Ind...
Embraer Defense & Security and Mahindra announced today that they have signed a Memorandum of Understanding (MoU) with the objective of jointly fulfilling the acquisition of the C-390 Millennium multi-mission aircraft by the Indian Air Force in its upcoming Medium Transport Aircraft (MTA) procurement project. The MoU was signed at the Embassy of Brazil in New Delhi. “We are honored to announce this MoU...
Friday, February 9, 2024, 8:32 pm
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Embraer raised to investment grade by S&P Global Ratings
S&P Global Ratings raised Embraer's (NYSE: ERJ; B3: EMBR3) rating from “BB+” to “BBB-” and maintained a stable outlook. According to S&P, Embraer’s strong cash generation allied with higher aircraft deliveries, cost reduction and efficiency measures led to free cash flow in 2023 that was considerably stronger than the company’s guidance to the market. In a statement...
Thursday, February 8, 2024, 10:46 am