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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...
Air Canada said it will purchase up to 109 of Boeing 737 MAX, a win for the aircraft maker and significant shift in supplier for Canada's carrier.
There is still an economic soft spot investors should note, Deutsche Bank's David Bianco says.
Wary of rising rates, stock traders will keep an eye on the bond market Thursday as another wave of earnings reports roll in.
Latin American markets got creamed in the past month. The spike in U.S. Treasury yields has had a negative effect for regional currencies, but there's a way to invest.
The U.S. government was wrong to purchase foreign aircrafts for its operations in Afghanistan, the CEO of Beechcraft told CNBC this week.
Take a look at some of Monday's midday movers:
The Fed could add fuel to the market rally in the week ahead, keeping the Dow on track for its best first quarter since 1998.
Japan's transport ministry is to investigate the company that makes batteries for Boeing's grounded 787 Dreamliner passenger jet. The probe will be run jointly with the U.S. Federal Aviation Administration (FAA), a ministry official said on Monday.
BOC Aviation, the aircraft leasing arm of Bank of China, has placed its largest ever order to buy 50 A320 family jets from Airbus at a list price of $5 billion.
Delta Air Lines reported a billion-dollar third-quarter profit and said demand is holding up well. The world's second-largest airline posted net income of $1.05 billion, or $1.23 per share, compared with $549 million, or 65 cents, a year earlier. And Southwest is still integrating AirTran _ 17 months after buying the company.
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YANGON, Oct 11- Holy water is sprinkled over a new Honda sub-compact festooned with flowers and red ribbons. The Honda's owner, Nyein Chang Aung, hopes the blessing will protect him from accidents in a country with some of the world's most treacherous roads. As Myanmar opens up, its antiquated transportation system is undergoing dramatic change.
NEW YORK-- Shares of Embraer SA lost 4 percent Wednesday after an analyst downgraded the Brazilian plane maker's stock citing weak demand for regional and business jets.
TORONTO, Oct 1- Air Canada, the country's largest airline, said on Monday it would transfer its fleet of 15 73- seat Embraer 175 aircraft to privately-held Sky Regional Airlines Inc next year, part of its cost-cutting push.
New venues such as Singapore, Dubai and Bangalore have grown in importance with the global economy, but Farnborough is not an anachronism; it remains a premier venue to take the industry's pulse.
"We do not see the doomsday scenario playing out," says one economist. "Policymakers are unlikely to drive the US economy off the fiscal cliff."