Embraer S.A. ADS

EMBJ

Market cap $10.8B

Embraer-controlled ​electric aircraft maker Eve vowed ‌on Friday to spend money in a cautious manner as it ​eyes a 2028 certification ​for its electric vertical takeoff ⁠and landing (eVTOL) vehicle.

A Greek parliament committee approved on Thursday the purchase of three Brazilian-made Embraer ​C-390 military transport aircraft and several ‌types of drones from the U.S. and Israel, two people with knowledge of the matter told Reuters.

EMBJ rides E2 jet orders, strong executive deliveries and defense partnerships, while supply-chain and labor shortages threaten near-term output.

Brazilian planemaker Embraer said on ​Thursday its commercial aviation unit has ‌a backlog of more than $15 billion and that the main engine issues affecting its ​next-generation E2 jets have now been ​resolved.

Brazilian planemaker Embraer ​has no plans to develop ‌a fighter jet, CEO Francisco Gomes Neto told reporters on Wednesday, adding the ​company was satisfied with its ​partnership with Sweden's Saab in the ⁠segment.

Brazilian planemaker ​Embraer expects electric aircraft ‌subsidiary Eve to contribute $1 billion to $1.5 billion of revenue ​per year after ​its production ramp-up, Chief Executive ⁠Francisco Gomes Neto ​said on Tuesday.

Embraer CEO of Commercial Aviation Arijan Meijer speaks at the International Air Transport Association (IATA) on the impact of tariffs saying it "makes sense" for aviation to be excluded. -------- More on Bloomberg Television and Markets Like this video?

Brazilian planemaker Embraer expects to eventually bring its E2 jets into China, seeing a role ​for the aircraft among the country's domestically developed models, a senior executive ‌told Reuters on Sunday.

Some airlines are ​delaying decisions to exercise ‌aircraft purchase options amid uncertainties related to the war in ​Iran, which has pushed ​up jet fuel prices significantly, ⁠Embraer CEO Francisco Gomes ​Neto told Reuters on ​Saturday.

Brazilian planemaker Embraer said on Friday it has secured ​an order for 15 E195-E2 aircraft from lessor ‌Azorra, sending its shares up about 5%.