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MercoPress, en Español

Montevideo, September 21st 2024 - 10:29 UTC

Tag: Embraer

  • Monday, July 22nd 2024 - 21:02 UTC

    Brazilian flying taxi model launched

    The estimated range is 100 kilometers, due to which it will be limited to urban transport, at least in the early stages

    A subsidiary of Brazilian aircraft manufacturers Embraer launched this weekend in Gavião Peixoto, in the State of São Paulo, the full-scale prototype of the new flying taxi, which was introduced during the 45th edition of the Farnborough Airshow in England. According to Eve, the company behind this development, the eVTOL model represents a leap in urban aerial mobility which will transform cityscapes by 2026.

  • Friday, July 19th 2024 - 06:41 UTC

    Paraguay to buy Embraer military aircraft to fight organized crime

    The Paraguayan Air Force already operates six AT-27 Tucano turboprops, the training aircraft that evolved into the Super Tucano

    Paraguayan Authorities have issued the necessary paperwork to launch the purchase process of six Brazilian-built Embraer A-29 Super Tucano aircraft to be deployed in security and crime fighting, it was reported in Asunción Thursday.

  • Monday, April 29th 2024 - 10:27 UTC

    Embraer announces investment for new plant

    Embraer “has always been a source of pride for this country,” Lula stressed

    Brazilian Aircraft manufacturer Embraer, arguably the world's third-largest, plans to invest R$ 2 billion (about US$ 390 million) in a new plant this year, it was announced last week before President Luiz Inácio Lula da Silva. The manufacturer hired 1,500 new workers last year for a 19,000 labor force it had before the pandemic.

  • Thursday, November 23rd 2023 - 14:12 UTC

    UK Export Finance support for Brazil's Embraer

    On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year. (Pic Fabrizio Berni)

    Brazil's giant aircraft industry Embraer announced the closing of a Framework Agreement for a credit operation aimed at helping its customers purchase aircraft and air industry supplies with support from UK Export Finance (UKEF). UKEF is a British government agency focused on financing local exports, which will be the credit guarantor for future financial transactions.

  • Tuesday, July 25th 2023 - 08:25 UTC

    Brazilian plant to manufacture flying cars

    Eve Air Mobility is a subsidiary of Embraer

    Electric horizontal vertical takeoff and landing vehicles with room for up to five people are to be manufactured by Ever Air Mobility's plant 145 kilometers from the city of São Paulo, Embraer announced. The first deliveries of the so-called “flying cars” are due in 2026.

  • Wednesday, June 21st 2023 - 04:35 UTC

    Brazil sells 11 Embraer E-175 to Alaska Airlines and partially finances the operation

    Brazil's Development Bank (BNDES) is financing R$1.3 billion for the export of eleven Embraer E-175 commercial jets to Alaska Airlines, US fifth largest airline

    The Brazilian Development Bank (BNDES) has granted financing of R$1.3 billion for the export of eleven Embraer E-175 commercial jets to Alaska Airlines, the fifth largest airline in the USA. The funding will cover a portion of Alaska’s investment in the aircraft purchase. Disbursements will be made in Brazilian Reais in Brazil, directly to Embraer.

  • Tuesday, November 8th 2022 - 20:33 UTC

    Embraer remains on course with delivery of 33 aircraft in Q3

    Third-quarter revenue was US$ 17.8 billion, up 6 percent versus the same period in 2021

    Brazilian aircraft manufacturer Embraer delivered 33 units in the third quarter of 2022 despite problems in the production chain, it was reported. So far this year, 79 aircraft came out, 27 commercial and 52 executive ones, against 86 in the same period of 2021.

  • Monday, August 16th 2021 - 06:53 UTC

    Embraer shares soar as Brazilian aircraft manufacturer shows profits

    Gomes Neto explained the “strong” results were due to the firm's strategic planning

    Stock of Brazilian aircraft manufacturer Embraer went up as the company showed profits last week worth R $ 438.1 million (US $ 87.9 million) despite the pandemic's impact on the airline industry.

  • Thursday, August 6th 2020 - 09:24 UTC

    Brazil's aircraft manufacturer Embraer, reports losses of US$ 315 million

    The hardest hit branch was commercial aviation, down 82.8% compared with the same period of last year: it delivered only four commercial airliners compared to 26 in 2019

    Brazilian aircraft manufacturer Embraer reported second-quarter losses of US$ 315 million on Wednesday, as sales plunged due to the coronavirus pandemic and a proposed joint venture with Boeing collapsed.

  • Saturday, July 4th 2020 - 07:32 UTC

    Brazil's Embraer union files lawsuit against the company's board over the collapsed deal with Boeing

    Embraer is now dealing with the coronavirus pandemic that has battered demand for travel

    A union representing workers at planemaker Embraer filed a lawsuit on Friday seeking to dismiss the company's board, after a US$4.2 billion deal with Boeing Co collapsed amid the pandemic, leaving the Brazilian jet-maker scrambling for a new path forward.

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