Brazil’s Embraer eyes U.S. deals to sell 100-seat regional jets

Robert Wall – The Wall Street Journal, 11/9/2015

Brazilian plane maker Embraer SA is in talks with major U.S. carriers to buy some of its regional jets seating more than 100 passengers, further cementing its position in the world’s largest airliner market.

Embraer, the world’s third-largest plane maker, has already made inroads selling 70-seat version of its so called E-Jets in the U.S., but now is eyeing prospects for the slightly larger models that cost more and yield higher profits.

“There is a huge opportunity for us,” said Paulo César de Souza e Silva, who heads Embraer’s commercial airplane unit.

Read more…

Brazil’s real leads gains as Embraer wins $2.6 billion in orders

Paula Sambo – Bloomberg, 6/15/2015

Brazil’s real climbed the most among major currencies as Embraer SA won jet orders worth $2.6 billion, adding to speculation that the South American country’s inflows will increase.
Executives of the company announced Monday at the Paris Air Show deals with United Continental Holdings Inc. and other foreign buyers, cementing its standing as the biggest maker of regional jets. The planemaker reached an agreement with a Chinese airline and expects growing demand in the Asia-Pacific region over the next two decades.
“Big deal announcements mean long-term, stable capital inflows and positively impact the current account and the currency,” Ipek Ozkardeskaya, an analyst at London Capital Group, said by e-mail.

Read more…

Brazil plane maker sells jets to American Airlines

Associated Press, 12/12/2013

Brazilian plane maker Embraer says American Airlines has placed a firm order for 60 E-175 passenger jets for an estimated $2.5 billion.

Embraer says in a Thursday statement that the contract signed by American Airlines includes options for an additional 90 aircraft

Deliveries of the 76-seat regional jets are expected to begin in during the first quarter of 2015.

Read more…