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Embraer SA (EMBR3.SA)

EMBR3.SA on Sao Paolo Stock Exchange

17.00BRL
2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Heroux-Devtek awarded supplemental work by Embraer to provide components and assemblies for KC-390 aircraft
Friday, 4 Nov 2016 07:30am EDT 

Heroux-devtek Inc : Awarded supplemental work by Embraer to provide landing gear components and assemblies for KC-390 aircraft . Contract broadens scope of an existing agreement and will span over life of program .Heroux-Devtek will manufacture, assemble and deliver landing gear components for new aircraft production and spare parts requirements.  Full Article

Saudi Aramco confirms it unveiled corruption case associated with Embraer
Friday, 28 Oct 2016 08:07am EDT 

Saudi Arabian Oil Co : Saudi Aramco confirms it unveiled a corruption case associated with Embraer . Former Saudi Aramco employee was involved in receiving a bribe in return for facilitating the purchase of three aircrafts from Embraer . Concurrently Saudi Aramco suspended all business dealings with Embraer since that time . co has ceased all future dealings with Embraer and excluded them from any future business; the company is taking appropriate legal measures against Embraer over the aforementioned violations . co has ceased all future dealings with Embraer and excluded them from any future business; also taking legal measures against Embraer Source (http://bit.ly/2eCUimD) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Embraer says is seeking to finalize settlement with DOJ and SEC
Wednesday, 12 Oct 2016 07:32pm EDT 

Embraer Sa : Embraer S.A. announces that it is seeking to finalize settlement agreements . Says seeking to finalize final agreements with U.S. DOJ and SEC . Expect that final agreements, if they are finalized, will be consistent with our prior disclosure made on July 29, 2016 .Says agreements for settlement of allegations of criminal and civil violations of U.S. Foreign Corrupt Practices Act.  Full Article

Embraer SA says projects market demand for 6,400 new jets in 70-130+ seat capacity category by 2035
Monday, 11 Jul 2016 01:42pm EDT 

Embraer Sa :Says projects market demand for 6,400 new jets in 70-130+ seat capacity category, worth USD 300 billion, by 2035.  Full Article

Safran Electrical & Power to supply harnesses for Embraer
Monday, 11 Jul 2016 03:30am EDT 

Safran SA : Safran electrical & power chosen to supply electrical harnesses for the Embraer Legacy 450 & 500 Further company coverage: [SAF.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Boeing says co, Embraer unveil newest Ecodemonstrator aircraft
Thursday, 7 Jul 2016 11:30am EDT 

Boeing Co : Boeing, Embraer unveil newest ecodemonstrator aircraft .Program expands Boeing and Embraer's cooperation agreement and will test technologies to improve airplane environmental performance.  Full Article

Alcoa awarded multi-year, $470 mln contract with Embraer
Thursday, 30 Jun 2016 08:00am EDT 

Alcoa Inc : Alcoa awarded multi-year, $470 million contract with Embraer .Alcoa will supply aluminum sheet and plate for Embraer's new E2s.  Full Article

Embraer announces Q2 2016 own capital interest payment
Friday, 10 Jun 2016 11:45am EDT 

Embraer SA : Said on Thursday that its board approved own capital interest payment of 0.04 Brazilian reais ($0.0116) per share for the second quarter of fiscal year 2016 . Record date is June 20 . Payment as of July 14 .Shares to be traded ex-interest on BM&FBovespa and NYSE as of June 21.  Full Article

Embraer gets order for 23 business jets
Tuesday, 24 May 2016 12:47pm EDT 

Embraer SA : Announced on Monday that Embraer Aviacao Executiva had received an order for 23 business jets from Mexico's Across .The contract comprises the purchase of eight Legacy 500, eight Phenom 300 and seven Phenom 100E jets with an estimated value of over $260 million at current list price.  Full Article

Fitch Ratings attributes BBB- and AAA(bra) ratings to Embraer SA
Monday, 4 Apr 2016 10:41am EDT 

Embraer SA:Says that Fitch Ratings has attributed to the company BBB- rating , in both local and foreign currency.Says that Fitch Ratings has attributed to the company AAA(bra) long-term national rating.Says outlook is stable.  Full Article

UPDATE 1-Embraer says most Brazil unions agree to 5 pct raise next year

SAO PAULO, Nov 28 Embraer SA said on Monday that unions for workers at most Brazil-based operations approved collective bargaining agreements providing for an average 5 percent pay raise next year, with the exception of one metalworkers union at the aircraft maker's largest factory.