Embraer reports a good 2023 and guides it to a strong 2024. In 4Q23, the adjusted EBIT was $181.7 million, with an adjusted EBIT margin of 9.2% excluding special items. Meanwhile, in 2023, adjusted EBIT was $350.0 million, and adjusted…
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Hot on the heels of the additional Porter order last week comes more order news. Embraer announced its C-390 Millennium won the Large Transport Aircraft public tender to provide the Republic of Korea Air Force with an undisclosed number of…
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Swiss regional airline Helvetic Airways has leased two Embraer E190s from lessor TrueNoord to expand its fleet. The aircraft recently flew with TUI fly Belgium, which is replacing them with new E195-E2s on lease for AerCap. For Helvetic, the two aircraft are…
Embraer will not launch the new turboprop anytime soon. The Brazilian airframer is still undecided about the choice of the engines and will take time to evaluate options, CEO Francisco Gomes Neto said today during a press conference. Last July at…