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Embraer SA

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  • RIO DE JANEIRO, April 14- Brazilian planemaker Embraer SA and Swedish partner Saab AB hope to devise a plan by June for exporting the Gripen fighter jet from the South American country beginning in 2023, a senior Embraer official said on Tuesday. Jackson Schneider, the head of Embraer's defense unit, said deliveries of 36 Gripen NG single-engine jets to the...

  • NAGOYA, Japan— At a tightly guarded factory in central Japan, Mitsubishi, a maker of the Zero fighter planes of World War II, is launching its MRJ regional jet and aiming to fulfill Japan's long-cherished ambitions to regain status as a major aviation power. Nobuo Kishi, a vice president of Mitsubishi Aircraft Corp., said the latest delay could speed things along...

  • TOKYO, April 10- Mitsubishi Aircraft said on Friday it will delay the maiden test flight of Japan's first commercial jet in half a century, squeezing further an already tight schedule to begin deliveries in two years. ANA Holdings, it said, is still slated to get the first MRJ in June 2017, three years later than initially planned. "We are still planning to deliver to...

  • TOKYO, April 10- Mitsubishi Aircraft said on Friday it will delay the maiden test flight of Japan's first commercial jet in half a century, squeezing further an already tight schedule to begin deliveries in two years. The Mitsubishi Heavy Industries subsidiary that includes Toyota Motor Corp as an investor is building the $42- million regional jet, with just...

  • In Bogota, Colombia, a company that makes plastic water valves is hoping an expansion into the United States will super-charge its exports. In Brazil, firms that make ceramic tiles predict they'll beat last year's robust sales abroad, thanks to a strong U.S. dollar that gives them a price advantage in the United States. The prospect of tighter commercial ties...

  • SAO PAULO, March 24- The Obama administration has again invited Brazil's President Dilma Rousseff for a state visit to Washington, a diplomatic breakthrough that both sides hope will lead over time to greater trade between the two biggest economies in the Americas. The dust-up led one former top aide to President Barack Obama to describe Brazil and the United...

  • SAO JOSE DOS CAMPOS, Brazil, Feb 26- Workers at a General Motors Co car factory in Brazil ended a six-day strike on Thursday after the company dropped plans to lay off 800 employees, the union said, ending the latest labor standoff in the troubled Brazilian auto industry. The re-elected leadership, which also organized a strike against planemaker Embraer SA last...

  • Volkswagen, Embraer summoned in Brazil dictatorship probe Thursday, 26 Feb 2015 | 11:46 AM ET

    SAO PAULO, Feb 26- A "truth commission" investigating crimes during Brazil's 1964-1985 military dictatorship has summoned Germany's Volkswagen AG and five local companies to testify whether their collaboration with the regime led to rights abuses. The other companies are Brazilian aircraft maker Embraer SA, industrial firms Grupo Aliperti and Cobrasma SA,...

  • SAO PAULO, Feb 3- Brazilian planemaker Embraer SA expects to collect delayed payments from the government "in the first months of this year," said the company's defense chief Jackson Schneider in a phone interview with Reuters on Tuesday.

  • SAO PAULO, Jan 14- Shares of Embraer SA fell on Wednesday after the Brazilian planemaker said it expected to report negative cash flow in 2014 due to delayed payments from clients, raising questions about the future of defense contracts as the government struggles with its fiscal goals. Embraer generated $213 million in free cash flow during 2013..

  • SHANGHAI, Dec 31- China's homemade ARJ-21 airplane has received permission to fly from the country's civil aviation regulator, the official China Daily reported Wednesday, after years of delays due to technical shortcomings. The ARJ-21 was to be the first step in this process, competing with regional jets sold in China by Embraer and Bombardier.

  • BEIJING, Dec 23- Investor Warren Buffett's NetJets Inc has been caught by surprise by headwinds in China amid Beijing's austerity drive and a slowing economy, the business aircraft supplier's chief executive officer said. Less than three months after NetJets won regulatory approval to provide charter services in China, business in and around China is...

  • Nov 21- American Airlines Group Inc subsidiary Envoy Air plans to transfer at least 50 Embraer 145 aircraft to other regional carriers beginning in early 2015 in a move that will lead to job cuts, according to an internal letter reviewed by Reuters. One of American's other regional subsidiaries, Piedmont Airlines, will receive at least 20 of the transferred...

  • BRASILIA, Nov 17- Brazil's President Dilma Rousseff, who canceled a White House trip last year in anger over U.S. spying revelations, now wants to improve ties and reschedule the state visit- but some U.S. officials warn it might not be that easy. A debate in Washington over whether and when to re-extend the invitation to Rousseff reflects persistent diplomatic...

  • SAO PAULO, Nov 10- Brazil's Embraer SA, the world's third-largest commercial planemaker, said on Monday that operations were returning to normal at its main factory in the state of Sao Paulo after workers ended a strike that lasted nearly five days. Embraer stood firm on its final offer of a 7.4 percent raise. Representatives for Embraer said operations at the...

  • SAO PAULO, Nov 6- Brazilian planemaker Embraer SA could miss a delivery target for larger business jets this year, but new models and stronger demand in Europe and the United States should boost private jet sales next year. That should boost sales of Embraer's growing private jet portfolio, which skewed to smaller, less-profitable models in the third quarter,...

  • *Q3 adjusted profit $0.12/ shr vs est $0.09/ shr. Q3 revenue up 21 pct to $4.91 bln vs est $4.81 bln. Oct 30- Bombardier Inc, a Canadian plane and train maker, on Thursday reported better-than-expected third-quarter earnings as aircraft deliveries shot up nearly 60 percent.

  • BEIJING, Oct 22- Airbus Helicopters, the world's largest civil helicopter maker, expects China and Hong Kong to become its biggest global market within six years as Beijing starts to lift restrictions on the use of low altitude airspace from 2015.. The Airbus Group NV's helicopter division expects to increase its annual sales in China to 150 units by 2020 from...

  • GAVIÃO PEIXOTO, Brazil, Oct 21- Embraer's new military cargo jet could be adapted to serve niche civilian markets including the oil and mining industries, executives with the Brazilian plane maker said after unveiling the aircraft on Tuesday. Paulo Gastao, director of Embraer's KC-390 program, said ordinary civilian cargo operators tend to operate cheaper...

  • China deepens Brazil ties, plans to build railways Thursday, 17 Jul 2014 | 7:45 PM ET
    Brazilian President Dilma Rousseff and Chinese President Xi Jinping.

    In a raft of energy, finance and industry accords signed, China and Brazil will team up to build railways.