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The Latest Breaking News from Embraer

Biden points finger at Putin as Prigozhin’s reported death seen as a warning to ‘elites’

Joe Biden ‘not surprised’ by apparent death of Yevgeny Prigozhin, the Wagner founder, in plane crash, while Kremlin and Russian president stay silent

The Guardian - AU

Putin confirms Prigozhin death; Pentagon says surface-to-air missile claim is ‘inaccurate’ – as it happened

Russian president says former head of Wagner made ‘serious mistakes’. This live blog is now closed

The Guardian - AU

Russia-Ukraine war: List of key events, day 547

As the war enters its 547th day, these are the main developments.

Al Jazeera

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At a glance: Wagner boss Yevgeny Prigozhin ‘dead in plane crash’ – what we know so far

Allies of Wagner boss accuse Russian defence ministry of assassinating him; flight data shows plane dropped suddenly

The Guardian - US

Yevgeny Prigozhin onboard plane in fatal crash, says Russia

Officials say Wagner chief behind June mutiny was on jet that crashed in Tver region, killing all 10 onboard

The Guardian - UK

Brazil's Embraer to build NATO-approved aircraft in Portugal

Brazil's Defence Minister Jose Mucio said on Friday his country's planemaker Embraer SA would manufacture aircraft that meet NATO's requirements in a partnership with Portuguese aerospace company OGMA.

Reuters

Austria, Embraer discussing C-390 purchase at Rio defense fair -sources

Austria is looking to advance in talks with Brazilian planemaker Embraer SA at the LAAD defense and security fair on purchasing four or five KC-390 military cargo aircraft, two sources familiar with the matter said on Wednesday.

Reuters

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Flight forced into Dublin Airport emergency landing after reporting fuel leak

The twin-jet Embraer Legacy 550, which can accommodate up to 12 passengers, was forced to turn around though and declared an emergency after reporting a fuel leak

Dublin Live

Kiwi superconductor tech could power the electric aviation revolution

New Zealand scientists are building a lighter, more reliable electric engine that they hope could put our country at the centre of the global aviation industry.

Newsroom.co.nz

Brazil's economic challenges are again Lula's to tackle – this time around they're more daunting

Even when they’re in trouble, Brazilians rarely lose their sense of humor. But in recent years, their joviality has often given way to political division everywhere from social media to the dinner table.

The Conversation

Billion-Dollar Deal Means Travel Is Back -- but Boeing Isn't Getting a Dime

The latest airline deal is huge -- but it doesn't involve a familiar household name.

The Street

Brazil's Embraer announces 3rd quarter loss

Sao Paulo (AFP) - Brazilian plane-maker Embraer announced on Monday a third quarter loss of 160.4 million reais ($30.2 million) due to falling revenue in its defense and security sectors.

AFP

Latin America can be a major business hub for India with concerted efforts: Jaishankar in Brazil

External Affairs Minister is on a six-day official visit to Brazil, Paraguay and Argentina

The Hindu

Coming changes to the Canadian airline industry could lead to even more disruption

The state of global aviation has been a mess in recent months as pandemic-related travel restrictions have eased and the subsequent demand for flights has put a tremendous strain on airlines and airports. For Canadian flyers, the situation may actually get worse after the summer travel season.

The Conversation

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Benzinga

Embraer Collaborates With Toyota To Maximize Production System Efficiency

Embraer SA (NYSE:ERJ) has signed an agreement with Toyota Motors Corp (NYSE:TM) Toyota do Brasil to embrace Toyota Production System (TPS) principles and concepts in its industrial operations. With this initiation, Embraer aims to eliminate waste, obtain operational efficiency, and increase value generation for stakeholders. In the first phase, a team of TPS specialists from…

Benzinga

Acciona Plans To Invest $30M In Eve

Eve UAM, LLC, an Embraer SA (NYSE:ERJ) company, has established a strategic partnership with Acciona to accelerate the development of a global and sustainable Urban Air Mobility ecosystem. Acciona is a provider of regenerative solutions for a decarbonized economy. Related: EVTOL Company Eve Gets Spin Out From Embraer, SPAC Deal: What Investors Should Know As…

Benzinga

Why Are Embraer Shares Trading Lower Today

Embraer SA (NYSE:ERJ) reported fourth-quarter revenue of $1.3 billion, a decline of 29.3% year-over-year. Adjusted income per basic ADS was $0.3116 versus $(0.0679) last year. Embraer delivered 55 jets in Q4, of which 16 were commercial aircraft, and 39 were executive jets. It delivered a total of 141 jets in FY21. Also…

Benzinga

Embraer Enters Air Freight Market With Passenger To Freight Conversions

Embraer SA (NYSE:ERJ) enters the air freight market with the E190F and E195F Passenger to Freight Conversions (P2F) launch. These E-Jets freighters are designed to meet the changing demands of e-commerce and modern trade that require fast deliveries and decentralized operations. The full freighter conversion is available for all pre-owned E190 and E195…

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Benzinga

EmbraerX Inks Services Agreement With Jet Flight Service

Embraer SA's (NYSE:ERJ) EmbraerX has signed a service agreement with Jet Flight Service (JFS), a global MRO service provider headquartered in Russia. Financial terms were not disclosed. The partnership supports Jet Flight Service in gaining efficiencies by onboarding their teams into Beacon's multi-sided platform. Incubated by EmbraerX, Embraer's market accelerator for disruptive businesses,…

Benzinga

Azorra Places Order For 20 Embraer E2 Aircraft

Azorra has placed an order with Embraer SA (NYSE: ERJ) for 20 new E2 family aircraft, plus a further 30 purchase rights. At list prices, the order is valued at $3.9 billion. The deal enables Azorra to acquire E190-E2 or E195-E2 aircraft. Deliveries will begin in 2023.

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