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Stock Market & Financial Investment News

News Breaks
March 11, 2013
17:26 EDTPLL, ERJPall Corp signs 30 year agreement to supply Embraer with KC-390 manifolds
Pall Corporation (PLL) has signed a 30-year agreement with Brazilian aerospace innovator Embraer (ERJ) to supply hydraulic filter manifolds and assemblies for KC-390 aircraft. The Embraer KC-390 is a medium-size military jet under development that relies on a sophisticated “fly-by-wire” (electronic) flight control system. The Pall filter manifolds will purify the pressurized hydraulic fluids that power the KC-390’s flight control systems, cargo door, and landing gears against contamination, thereby enhancing aircraft reliability. The first shipments are expected by the end of 2013.
News For PLL;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.

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