Yesterday, Embraer, EVE, and Avantto announced the signing of a Letter of Intention to acquire several electric Vertical Take Off and Landing (eVTOL) aircraft in the next few years. EVE wins a 100-eVTOL order in Brazil, which seems to be…
Embraer’s commercial aviation President, Arjan Meijer, shared their path his company is taking to deliver sustainable commercial aviation. Given the uncertain path facing the commercial aviation industry, and the amount of hot air given to the subject in Boston, Embraer…
ACIA Aero Leasing (“ACIA”), a growing regional aircraft lessor and lease management services provider, announced the acquisition of its first Embraer E190. This is a significant step for the firm that has typically focused on smaller regional jets and turboprops.…
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UPDATE – Embraer has produced its first profitable quarter again in Q2 since the first quarter in 2018. Thanks to higher commercial and business aircraft deliveries, the Brazilian airframer reported a Q2 net profit of $43.6 million on August 13.…