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Embraer SA

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  • Li will travel to Brazil, Colombia, Peru and Chile on the May 17-29 trip, and, as is common with visits by top Chinese leaders to resource-rich nations, will sign what will likely be a series of impressive agreements. China, the world's second-largest economy, is buying oil from Venezuela, copper from Peru and Chile and soybeans from Argentina and Brazil, for example.

  • SAO PAULO, May 11- Brazil's Embraer SA, the world's third-largest commercial planemaker, plans to move production of its Phenom executive jets to its factory in the United States next year, a Brazilian union said on Monday. The Metalworkers' Union of São José dos Campos said in a statement that the company informed it on Friday that the move was part of a marketing...

  • PARIS, April 27- Sweden's Saab AB on Monday ruled out facilitating the sale of Gripen fighter aircraft to Argentina as the result of a deal to build and export combat jets from Brazil. Saab said it was not involved in any discussions involving Argentina. Saab has sold 60 Gripen Es to Sweden and is finalizing an order for another 36 to Brazil, which will also...

  • BRASILIA, April 27- Brazil's government plans over time to remove tariffs on high-end capital goods in a bid to boost productivity and breathe life into its flailing economy, an adviser to President Dilma Rousseff told Reuters. Strategic Affairs Minister Roberto Mangabeira Unger, a Harvard philosophy professor tasked by Rousseff with laying out a new...

  • TOKYO, April 23- Honda Motor Co on Thursday flew its HondaJet business aircraft for the first time in Japan, bringing to life a dream cherished by legendary founder Soichiro Honda, but the automaker said sales of the jet in Asia remain years away. Speaking at an event to mark the aircraft's first appearance outside the United States, Michimasa Fujino, Chief...

  • 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...

  • 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...

  • 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..

  • Private jets bet on America for big orders Tuesday, 11 Feb 2014 | 8:38 PM ET

    While Asia may be seeing growth, private jet manufactures are turning to the U.S. to drive big orders as the world's largest economy recovers.

  • Air Canada buying $6.5 billion in Boeing planes Wednesday, 11 Dec 2013 | 6:58 PM ET
    A Boeing 787 Dreamliner being built in Everett, Wash.

    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.

  • Top strategist’s earnings scorecard—so far Thursday, 25 Jul 2013 | 1:39 PM ET
    Q2 earnings scorecard

    There is still an economic soft spot investors should note, Deutsche Bank's David Bianco says.

  • Will rising rates start to sting stocks? Wednesday, 24 Jul 2013 | 8:36 PM ET

    Wary of rising rates, stock traders will keep an eye on the bond market Thursday as another wave of earnings reports roll in.

  • US Yield Spike Sets Opportunities South of Border Monday, 24 Jun 2013 | 12:30 PM ET
    The spike in US Treasurys is creating investment opportunities in emerging countries like Brazil, where the Embraer is built.

    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.

  • Small Planes, Big Fight: Beechcraft vs Embraer Friday, 21 Jun 2013 | 1:41 PM ET

    The U.S. government was wrong to purchase foreign aircrafts for its operations in Afghanistan, the CEO of Beechcraft told CNBC this week.

  • Midday Movers: ERJ, UTX, MDVN & More Monday, 17 Jun 2013 | 12:50 PM ET

    Take a look at some of Monday's midday movers: