Edition:
United States

Embraer SA (EMBR3.SA)

EMBR3.SA on Sao Paolo Stock Exchange

17.37BRL
22 Jul 2016
Change (% chg)

R$ 0.28 (+1.64%)
Prev Close
R$ 17.09
Open
R$ 17.00
Day's High
R$ 17.47
Day's Low
R$ 17.00
Volume
1,196,200
Avg. Vol
2,049,870
52-wk High
R$ 30.81
52-wk Low
R$ 16.85

Latest Key Developments (Source: Significant Developments)

Embraer SA - U.S. to propose safety fixes for certain Boeing, Embraer jets -WSJ - Reuters
Tuesday, 1 Dec 2015 01:56pm EST 

Embraer SA:U.S. aviation regulators are to propose on Monday mandatory inspections and, potentially, the replacement of suspect parts on nearly 1,600 jetliners to prevent serious flight failures, the Wall Street Journal reported - RTRS.The pair of proposed Federal Aviation Administration safety directives are related to certain Boeing Co. BA.N and Embraer SA EMBR3.SA jets and slated to be formally published Monday in the Federal Register, the Journal said in a report published on its website Saturday - RTRS.The directives are unusual because they are each intended to counter a single defect that can result in flight emergencies, the report said - RTRS.The FAA is moving to require U.S. operators of certain versions of the popular Boeing 737 model to check for possible corrosion of attachments for the horizontal stabilizer, part of the tail section - RTRS.Most essential systems on commercial jets have backups, so a single-point failure or malfunction cannot cause a crash, the Journal said - RTRS.But in the documents to be made public on Monday, the FAA says a single defective component type has the potential to immediately end safe flight. - RTRS.The agency is not, however, ordering immediate fixes, which means officials have determined the hazards are not imminent and do not require emergency action, the Journal added - RTRS.  Full Article

Embraer SA sells 19 E175 jets to SkyWest Inc to fly for Delta Air Lines
Wednesday, 21 Oct 2015 09:18am EDT 

Embraer SA:Announced that SkyWest Inc ordered 19 additional E175 jets.The aircraft will be flown by SkyWest Airlines Inc, a wholly-owned subsidiary of SkyWest, under a capacity purchase agreement with Delta Air Lines.Delivery of the first aircraft is expected for Q3 2016.  Full Article

BlackRock Inc reaches 5.18 percent stake in Embraer SA
Wednesday, 14 Oct 2015 07:39am EDT 

Embraer SA:BlackRock Inc reaches 5.18 percent stake in the company.  Full Article

Figeac Aero announces $230 million deal with Embraer
Monday, 12 Oct 2015 12:02pm EDT 

Figeac Aero SA:Selected by Embraer SA regarding E-jets E2 program.Deal value is about $230 million.  Full Article

SkyWest Inc orders form Embraer SA 18 additional E175s to fly as United Express
Tuesday, 15 Sep 2015 08:13am EDT 

Embraer SA:Announced that it had signed a firm order with SkyWest Inc for 18 E175 jets.Order estimated value of $800 million.The aircraft will be operated by SkyWest Airlines under the United Express brand, under an amendment to an existing Capacity Purchase Agreement (CPA) with United Airlines.Delivery of the first aircraft is expected in 2016.  Full Article

Embraer SA announces Q3 2015 own capital interest payment
Friday, 7 Aug 2015 08:00am EDT 

Embraer SA:Says that its board of directors approved own capital interest payment for the third quarter of fiscal year 2015 in the amount of 29.4 million Brazilian reais, or 0.04 reais per share.To be imputed to obligatory dividend for the fiscal year 2015.Record date Aug. 17.Payment as of Oct. 14.Shares traded ex-interest on BM&FBovespa and NYSE as of Aug. 18.  Full Article

Embraer SA reaffirms FY 2015 earnings guidance
Thursday, 30 Jul 2015 06:25am EDT 

Embraer SA:Reiterates FY 2015 EBIT and EBITDA guidance for 2015 at $490 - $ 560 million and $730 - $850 million, respectively.  Full Article

Embraer SA announces that Etihad Flight College orders Embraer Phenom jets
Tuesday, 23 Jun 2015 08:17am EDT 

Embraer SA:Says that Embraer Executive Jets and Etihad Flight College, a wholly-owned subsidiary of Etihad Airways, has signed a purchase agreement for four Phenom 100E jets, and options for three additional aircraft of the same model.Based on current list prices the deal is valued at about $30 million, if all options are exercised, and deliveries of the aircraft to Etihad Flight College will start in Q1-2016.  Full Article

Embraer SA sells five A-29 Super Tucano to Ghana's Air Force
Friday, 19 Jun 2015 07:48am EDT 

Embraer SA:Announces that Embraer Defesa & Seguranca signed an agreement to sells five A-29 Super Tucano to Ghana's Air Force light attack and advanced training turboprops.The contract will come into effect once certain conditions have been fulfilled, expected to be fulfilled during the Q2-2015.  Full Article

Embraer SA receives order from Republic of Mali for six A-29 Super Tucano at the Paris Air Show
Monday, 15 Jun 2015 09:25am EDT 

Embraer SA:Says that Embraer Defense & Security and the Ministry of Defense and Veterans from the Republic of Mali have signed today a contract for the acquisition of six A-29 Super Tucano light attack and advanced training turboprops.The contract includes logistic support for the operation of these aircraft and also provides a training system for pilots and mechanics of the Mali Air Force.  Full Article

Photo

Exclusive: Brazil considers WTO challenge to Bombardier state funding

BRASILIA Brazil may launch a trade challenge against Canada over state funding to struggling planemaker Bombardier Inc that could hurt Brazilian rival Embraer, Foreign Minister Jose Serra told Reuters on Thursday.