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Stock Market & Financial Investment News

News Breaks
July 15, 2014
08:07 EDTERJEmbraer announces LOI with Azul Brazilian for up to 50 E195-E2s valued at $3.1B
Azul Brazilian Airlines announced, at the 2014 Farnborough International Airshow, that it has signed a Letter of Intent, or LOI, with Embraer S.A. for 30 firm orders for the E195-E2 jets. Besides the firm order, the LOI includes additional 20 purchase rights for the same model, bringing the total potential order to up to 50 E195-E2 jets. The contract for the E-Jets E2 has an estimated value of $3.1B, at list prices, if all purchase rights are converted to firm orders. As the first airline to order the E195-E2, Azul becomes the launch operator for this aircraft.
News For ERJ From The Last 14 Days
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April 16, 2015
09:00 EDTERJEmbraer delivers 20 commercial and 12 executive jets in Q1
Embraer delivered 20 jets to the commercial aviation market and 12 to the business aviation market during Q1, for a total of 32 aircraft. On March 31, the firm order backlog totaled $20.4B. During Q1, Embraer announced a firm order for 15 E175s and two E190s from KLM Cityhopper, KLM's regional subsidiary. The contract for the 17 E-Jets also includes an option for 17 additional E-Jets for KLM Cityhopper or Air France regional subsidiary HOP! The firm order has an estimated value of $764M based on Embraer's current list prices. The transaction could reach $1.5B if all options are exercised. Embraer and Republic Airways Holdings also signed an order for five new E175 jets in Q1 with an estimated value of $222M.
April 14, 2015
14:49 EDTERJEmbraer, Saab form partnership for management of Brazil's F-X2 Project
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14:33 EDTERJEmbraer, Saab enter partnership for Brazil's F-X2 project, Bloomberg says
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07:10 EDTERJAviation Week to hold a conference
MRO Americas 2015 is being held in Miami Beach on April 14-16.
April 6, 2015
17:29 EDTERJEmbraer in negotiations with 10 countries for KC-390 plane, The Nikkei says
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