Last week, Embraer delivered the first E195-E2 to launch operator Azul, as promised. Will this milestone be a major sales catalyst?
News & Analysis: Embraer Brazilian Aviation Co
After weighing on Embraer's profit in recent years, the KC-390 military jet could drive substantial earnings growth for the company over the next five years and beyond.
The Brazilian aerospace company posted another quarterly loss, but it is seeing strong demand for its new Praetor-series executive jets, and it recently bagged its first export order for the KC-390 multimission military jet.
ERJ earnings call for the period ending June 30, 2019.
The Brazilian aircraft manufacturer has taken the U.S. regional airline sector by storm since 2013.
Mitsubishi's first regional jet for the U.S. market is scheduled to be ready in 2023 -- just as a fleet replacement cycle of historic proportions will be winding down.
2019 is a transitional year for Embraer, and the first quarter is usually the weakest part of the year anyway.
Disappointing results and other bad news kept these stocks out of the rally.
ERJ earnings call for the period ending March 31, 2019.
The second member of Embraer's new E2-series jet family has been certified for service by three key regulatory agencies.