Embraer S.A. hereby announces that it has priced an offering of US$750,000,000 notes due 2027 with yield of 5.400% per annum, issued through its wholly-owned subsidiary Embraer Netherlands Finance B.V. The notes will be fully and unconditionally guaranteed by Embraer. The notes have been registered under the U.S. Securities Act of 1933 and are expected to be listed on the New York Stock Exchange....
Embraer has signed a contract with Widerøe, the largest regional airline in Scandinavia, for up to 15 E2 family jets. The contract consists of three firm orders for the E190-E2 and purchase rights for 12 further E2 family aircraft. This flexible mix of purchase rights for E175-E2, E190-E2, and E195-E2 will give Widerøe the ability to grow their fleet with a family of air...
Embraer delivered 32 commercial and 43 executive jets, 25 of which are light jets and 18 are large, during the fourth quarter of 2016 (4Q16). The Company ended the year with 108 aircraft delivered to the commercial aviation market and 117 to the executive aviation market, totaling 73 light and 44 large executive jets. These numbers are aligned with the estimates reported to the market throughout t...
Embraer announced the creation of a business unit focused on services and customer support, which will be led by Johann Bordais, who is currently serving as the Director of Services and Support for Embraer Commercial Aviation. “The new business will bring together capabilities that are currently spread throughout different business areas to offer customers a broad portfolio of solutions,&...
Embraer considers of strategic importance the decision by the Council of Ministers of Brazilian Foreign Trade Chamber (CAMEX) to initiate dispute settlement proceedings against Canada at the World Trade Organization (WTO). CAMEX is Brazil’s highest government institution with responsibilities over the country’s foreign trade policies. The dispute settlement proceedin...
This first contract of the Smart line of HCare shows the potential of the Brazilian market for these services in light and medium aircraft. HCare Smart offers maintenance services with payment per flight hour, allowing greater budget control by the customer, and optimized spare parts availability via direct access to Airbus Helicopters' worldwide stock. "We chose the HCare Smart pro...
Embraer announces that its Legacy 450 mid-light business jet has completed its maiden voyage to Hawaii, from California. The trip was also a first for the passengers from Calgary-based AirSprint, which operates Canada’s largest fractional aircraft fleet. The customer demonstration trip with Embraer crew departed from Oakland to Maui with two pilots, four passengers and 300 lb (136 kg) of bag...
Embraer reached another milestone with its E-Jets program - the delivery of the 1,300th aircraft. The E-Jet, an E195, was handed over to China’s Tianjin Airlines in a ceremony at the factory in São José dos Campos. This delivery brings the Tianjin Airlines E-Jet fleet to 45, the largest in Asia. “We dedicate this milestone to all our customers who have embraced the E-J...
A police helicopter in Rio de Janeiro crashed Saturday evening, killing four officers after a day of intense firefights between law enforcement and suspected criminals in the slum known as City of God. It was not clear whether the helicopter had been hit by gunfire or whether another factor caused it to go down. In a statement, the police said they were investigating. Amateur video sent to l...
Latam Airlines has announced that Brazil’s competition regulator Cade has given the green light for Qatar Airways to purchase a stake in the Chile-headquartered regional carrier. Qatar Airways in July agreed to acquire up to 10 per cent of Latam’s total shares following a capital increase of US$613 million, through the issuance of new shares at $10 per share. Latam said it will n...
The Brazilian airline Gol Linhas Aereas Inteligentes, known as Gol, has posted third-quarter earnings that beat analysts’ estimates as the country’s largest airline cut expenses with the early return of leased airplanes and amid lower dollar-denominated costs. Earnings before interest, tax, depreciation and amortization reached 333.4 million reais (Dh381.9m) from 113.6m reais a year...
Embraer Executive Jets unveiled a new version of its Legacy 650 large business jet, the Legacy 650E. Featuring automation and technology updates, the aircraft, which already has exceptional operational costs and the largest cabin in its class, now carries an unprecedented 10-year or 10,000-flight hour warranty, which is the longest in the business jet industry. The entry into service is scheduled...
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