ERJ Jan 2025 25.000 put
- Reuters
Embraer a 'great solution' for carriers to add capacity more quickly, CEO says
Brazilian planemaker Embraer sees itself as a "great solution" for carriers to add capacity more quickly amid constraints to 'big' narrowbody deliveries in the industry, Chief Executive Francisco Gomes Neto said on Tuesday. The company has seen increased demand for its commercial jets and is actively working on several sales campaigns it hopes to conclude in coming months, Gomes Neto told reporters at an event at the firm's headquarters. Embraer has production slots available from 2026, meaning it can deliver on new jet sales before larger rivals Boeing and Airbus, the latter having sold out its production of single-aisle jets until the end of the decade.
- Reuters
Embraer gears up for Farnborough as shares soar on healthy demand
Embraer heads into the Farnborough Airshow next month riding tail winds that have lifted its shares to an all-time high, as recent orders show the Brazilian planemaker ready to fill a gap for airlines starved for new planes in coming years. The news has boosted hopes for Embraer ahead of the major industry event on July 22 to 26, when planemakers often announce major orders. Last year, investors were disappointed by Embraer's weaker-than-expected numbers at the Paris Airshow.
- Zacks
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