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36Air India orders 100 Airbus aircraft
My dears, it must be going on in the airplane sector.
Hope my investment in $MTX (+0,84 %) . $TDG (+1,94 %) and $ERJ (-1,92 %) continue to profit from it.
https://www.aero.de/news-49947/Air-India-bahnt-neue-Grossbestellung-an.html
The Brazilian airline is apparently close to an agreement with Embraer. This involves an order for E2 jets, in particular the E195-E2 model. According to the well-informed channel Viajando com o Luiz, talks between Gol and Embraer are at an advanced stage. Among other things, seat configurations and delivery dates are being discussed. In addition, a delegation from GOL is said to have already traveled to Holland to discuss training opportunities with KLM. The Dutch airline already operates E2 jets and has corresponding flight simulators.
30.05.25 - 10:10
Editorial team
https://www.aerotelegraph.com/ticker/gol-offenbar-kurz-vor-bestellung-von-embraer-e195-e2/qfqqb48
The IAE V2500 engine has had a lasting impact on the aviation industry since its introduction over 40 years ago. With an impressive total of over 300 million flight hours, it has established itself as an irreplaceable workhorse. Thanks to continuous further development and reliable maintenance by MTU Maintenance, the V2500 will remain an indispensable part of aviation fleets worldwide.
Every ten seconds, an aircraft with a V2500 engine under its wing takes off somewhere in the world. Not a sensational newcomer, not a high-tech wunderkind of the latest generation - but a real workhorse. Reliably in service for decades, the V2500 has now completed over 300 million flight hours - a figure that is impressive even in aviation.
The V2500 was developed by International Aero Engines AG (IAE), a consortium of Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, MTU Aero Engines and Japanese Aero Engines Corporation, which was founded in 1983 in Hartford, Connecticut. At the time, the joint development of a short- and medium-haul engine by partners from five nations on three continents was an extraordinary project - and a feat of strength. The early years demanded perseverance: teething troubles and delivery bottlenecks presented the partners with major challenges.
Currently, 2,800 aircraft worldwide fly with the V2500
Certification followed in 1988, and one year later the first V2500-A1 went into service on board an Adria Airways Airbus. However, the real breakthrough came in 1991: United Airlines ordered 100 aircraft from the A320 family - with V2500 engines. Shortly afterwards, Lufthansa also opted for the engine in its new A321 fleet. This paved the way for global aviation.
Today, the V2500 powers around 2,800 aircraft worldwide - mainly the Airbus A320ceo family. But the V2500 also performs reliably in cargo aircraft or in military use, for example on board the Embraer C-390 Millennium.
A key factor in the success story is the clear division of labor within the consortium. MTU is responsible for the development of the low-pressure turbine (NDT), casing, attachments and externals with a 16 percent share of the program. It also manufactures the NDT components and the casing.
Behind the impressive flight hours is an equally remarkable maintenance history. MTU Maintenance recently carried out its 7,000th store visit on a V2500-A5 engine - at its site in Delta, British Columbia, Canada. This variant has been powering the Airbus A320ceo for years. In 2024 alone, 38 percent of global V2500 overhauls were carried out
An engine that delivers day after day
A recent example shows that proven engine technology also works with new fuels: In spring 2024, a V2500 at MTU Maintenance Hannover completed a successful test run with 100 percent sustainable aviation fuel (SAF).
Conclusion
With an average fleet age of 15 years, the V2500 is by no means at the end of its life cycle. On the contrary: over 5,000 additional store visits are expected worldwide by 2040. It remains an engine that delivers day after day - and has long since secured its place in aviation history.
The Brazilian aircraft manufacturer has published a first picture of the first E195-E2 of the new Mexican national airline. You can see the tail in the colors of the revived airline. The Mexicana de Aviación jet is currently undergoing final assembly at the Embraer plant in São José dos Campos, Brazil.
Embraer, together with the US defense contractor L3Harris, wanted to make the KC-390 appealing to the US Air Force as an "agile tanker". But L3Harris pulled out in 2024. Now the Brazilians are trying to go it alone - and are sending the KC-390 on a PR tour of the USA.
Embraer is riding the wave of success with its KC-390 multi-role military aircraft. Several NATO countries have already placed firm orders for the twin-engine tanker and transporter, including the Netherlands, Sweden and the Czech Republic. Austria has also opted for the KC-390. The KC-390 is already in service in Brazil, Portugal and Hungary and has passed its first tests. In purely quantitative terms, however, Embraer's sales successes in ten countries so far are not to be taken lightly. The largest customer is the Brazilian Air Force with 19 firm orders. It is followed by Portugal and the Netherlands with five KC-390s each and Austria and Sweden with four each. Orders for a total of 42 aircraft are on the books.
A major order from the USA could catapult the number of aircraft to be produced to a whole new level. For this reason, Embraer has been trying for some time to get a foot in the door with the US Air Force with the KC-390. Initially, the Brazilians worked with the US defense contractor L3Harris. Together, they designed studies that showed a tanker and transporter optimized for the US Air Force with a fixed tank boom at the rear. However, the partnership with L3Harris ended in the fall of 2024 - due to "different priorities", as Embraer put it at the time.
Embraer turns up the heat
However, this did not mean the end for the KC-390 in the USA - on the contrary. Embraer is currently stepping up its efforts to make its military jet appealing to the US armed forces. A delegation from the manufacturer is currently visiting the annual "Special Operations Forces Week (SOF Week)" in Tampa (Florida) with a KC-390 from the Brazilian Air Force in order to highlight the advantages of its aircraft for special military missions. This is already the third stop in the USA for the Brazilians within a short space of time. Previously, the KC-390 had celebrated its premiere at the ARSAG (Aerial Refueling Systems Advisory Group) armaments conference in Las Vegas.
Even after the end of the partnership with L3Harris, Embraer is certain that the KC-390 with its "unbeatable price-performance ratio" meets the needs of the US Air Force exactly. "It is the best aircraft in its class and is perfect for special missions as it can perform a variety of tasks, including air-to-air refueling and tactical transport missions," comments Jake Williams, Embraer's armaments division manager for North American operations. As a state-of-the-art platform with a comprehensive sensor and communications suite, self-protection systems and suitability "for all air force mission profiles", the KC-390 leaves nothing to be desired in the field, according to Embraer's Mr. Williams - especially as it can be used for both tactical and strategic missions thanks to its economical turbofan engine.
Boom as a basic requirement
In order for Embraer to be successful with the KC-390 in the USA, the development of a version with a central boom tanker is a basic requirement. According to Frederico Lemos, Chief Commercial Officer of Embraer Defense & Security, after the end of the cooperation with L3Harris, the Brazilians are therefore looking for new forms of partnership in order to realize such an "agile tanker" variant. However, the core competence of the KC-390 as a transport aircraft should not be affected by this, according to Lemos. According to the Embraer manager, he is also considering a possible final assembly of the US version in the United States - whereby the KC-390 already meets the requirements of the US government's "Buy American Act" thanks to its numerous US components, avionics and engines, for example, as Lemos emphasizes.
HIGHLIGHTS
Forecast for 2025 confirmed: Deliveries of 77 to 85 aircraft in commercial air transportation and 145 to 155 aircraft in executive air transportation . The company's total revenue is between USD 7.0 and 7.5 billion, the adjusted EBIT margin between +7.5% and +8.3% and the adjusted free cash flow for the full year is at least USD 200 million. The company emphasizes that the results of the first quarter were not affected by US tariffs.
Sales amounted to USD 1,103 million in the first quarter of 2025 - the best first quarter since 2016 - and were thus 23% higher than in the previous year. Particularly noteworthy is the 72% year-on-year sales growth in the defense and security sector.
Adjusted EBIT reached USD 62.0 million with a margin of +5.6% in Q1 2025 (+0.8% in Q1 2024).
Adjusted free cash flow excluding Eve amounted to USD (385.8) million in the quarter in preparation for a higher number of aircraft deliveries in the coming quarters.
The company approved the payment of a dividend of R$51.4 million (R$0.07 per share) for 2024.
Embraer issued USD 650 million of 10-year bonds in Q1 2025 at an interest rate of 158 basis points above the US Treasury bond rate and purchased USD 522 million of bonds for 2027 (fully repaid) and USD 150 million of bonds for 2028.
The company extended its debt maturity to 6.3 years (3.8 years in Q4) following the latest liability resolution move and ended the quarter with a net debt to EBITDA ratio of 0.5, down from 1.8 in the same period last year.
Embraer delivered 30 jets in Q1 2025, including 7 commercial aircraft (3 E2 and 4 E1) and 23 business jets (14 light and 9 medium), an increase of 20% compared to the 25 aircraft delivered in the previous year.
The order backlog amounted to USD 26.4 billion in Q1 2025, surpassing the historic high of the previous quarter. Further information can be found in the publication on order backlog and deliveries in Q1 2025.
Click here to access the table with the data available on our Investor Relations website.
KEY FINANCIAL FIGURES
São Paulo, Brazil, May 6, 2025 - (B3: EMBR3, NYSE: ERJ). The Company's operating and financial information is presented on a consolidated basis in US dollars (US$) in accordance with IFRS, unless otherwise stated. The financial data presented in this document for the quarters ended March 31, 2025 (Q1 2025), December 31, 2024 (Q4 2024) and March 31, 2024 (Q1 2024) are based on the unaudited financial statements, except for the annual financial data and unless otherwise stated.
Forecast 2025 (EVE not included)
From an operational perspective, Embraer confirms its estimates for deliveries of 77 to 85 aircraft in commercial aviation (mean: +10 % yoy) and 145 to 155 aircraft in executive aviation (+15 % yoy). From a financial perspective, the company forecasts revenue of between USD 7.0 billion and USD 7.5 billion (+13% compared to the previous year), an adjusted EBIT margin of between +7.5% and +8.3% and an adjusted free cash flow of USD 200 million or more. The company emphasizes that the first quarter results were not impacted by the US tariffs .
https://youtu.be/ljGkWnYEa1E?si=KTVnnv8g4svyUteO
https://embraer.com/global/en/news/all?slug=1207560-embraer-earnings-results-1st-quarter-2025
CEO says studies underway for business, commercial and defense jets
Embraer CEO Francisco Gomes Neto confirmed that the Brazilian manufacturer is studying the possibility of producing larger aircraft in its commercial division, but emphasized that no decision has yet been made.
The potential move is attracting growing market interest, particularly as rivals such as Boeing face ongoing challenges. However, Mr. Gomes warned that talks were still at an exploratory stage.
"That's a good question and not an easy one to answer," he said. "Yes, customers are asking about our plans for larger aircraft. At the moment we are concentrating on selling the E2. We are also investing in new technologies for future products. These could include larger business jets, commercial aircraft or even defense platforms. We are conducting studies, but no decision has been made yet."
The manager also noted Embraer's progress in stabilizing the production flow. Whereas aircraft deliveries used to be heavily concentrated at the end of the year, the company has now managed to spread them more evenly over the quarters. "We are already seeing the results of these efforts this year. We expect greater production stability from 2026," he said.
Nevertheless, the aerospace industry is still struggling with bottlenecks in the supply chain. The most problematic components include fuselage parts and certain engine types.
"Nevertheless, we are making progress and approaching the production pace we need," said Mr. Gomes, reiterating that the company is sticking to its 2025 forecast despite the ongoing issues.
In the defense sector, the CEO highlighted Embraer's ongoing efforts to commercialize the KC-390 military transport aircraft in India. "We are working on the next steps and expect developments probably within the next two years," he said, pointing out that the window could include orders for 40 to 80 aircraft. He also confirmed that the E2 commercial jet will be marketed in India.
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$SESG (-0,04 %) 10.48% dividend yield
McLean, Va. - Intelsat, operator of the world's largest integrated satellite and terrestrial networks and a leading provider of in-flight connectivity (IFC), will soon launch a fast, reliable multi-orbit connectivity service for Embraer E2 aircraft, beginning the day the aircraft is delivered. This is possible thanks to a new line-fit agreement with Embraer (NYSE: ERJ / B3: EMBR3), which allows the aircraft manufacturer to install the equipment during factory production.
"Intelsat is the first multi-orbit satellite on-board connectivity system with an electronically steered antenna (ESA) array to be installed at the Embraer factory. It provides passengers with reliable streaming connectivity from the moment the aircraft enters service," said Rob Baird, Director of OEM Programs at Intelsat. "Passengers on board Embraer E2 aircraft will soon benefit from multi-orbit connectivity that offers the same fast and reliable Internet access as at home thanks to wide coverage and low latency."
Under the buyer-provided equipment agreement to offer Intelsat's multi-orbit system as an installation option for Embraer's E2 aircraft, airline customers can order aircraft with the Intelsat ESA system installed and operational upon delivery.
"At Embraer, we pride ourselves on building the most efficient, reliable and comfortable narrow-body aircraft in the world and continuously developing technologies that improve aircraft performance and the passenger experience," said Martyn Holmes, CCO of Embraer Commercial Aviation. "With Intelsat's IFC system now available as standard, we are providing our airline customers with a highly optimized in-flight Wi-Fi experience that ensures their competitiveness and delights their passengers."
About Intelsat
Intelsat's global team of experts is focused on delivering seamless and secure satellite-based communications to government, NGO and commercial customers through the company's next-generation global network and managed services. Intelsat bridges the digital divide by operating one of the world's largest and most advanced satellite fleets and connectivity infrastructures, enabling people and their devices to talk across oceans, see across continents and hear through the sky to communicate, collaborate and live together. Since its founding sixty years ago, the company has been pioneering breakthroughs in the satellite industry to serve its customers and the planet. Building on its legacy of innovation and with a focus on tackling a new generation of challenges, Intelsat team members now set their sights on the next innovations in space to shake up the field and lead the industry's digital transformation.
https://www.intelsat.com/newsroom/intelsat-embraer-to-factory-install-multi-orbit-service/
$ERJ (-1,92 %) Armor
STOCKHOLM - Sweden is acquiring the KC-390. The NATO country joins a contract between the Netherlands and Austria with Embraer and orders four military transporters.
KC-390 for Sweden: Stockholm is realizing a procurement of the military transport announced in November 2024. The country is planning to order four aircraft and is joining an existing framework agreement with the buyer states of the Netherlands and Austria.
The KC-390 can load up to 26 tons of cargo and is also suitable for troop deployments.
© aero.de | 02.04.2025 06:45
https://www.aero.de/news-49579/Schweden-kauft-vier-Embraer-KC-390.html
Brazil's aircraft manufacturer Embraer still sees a lot of sales potential for its KC-390 military transporter, with a particular focus on Europe - for which the Brazilians have a final assembly line in Poland in mind. An offer that Poland cannot refuse?
Embraer has already made it in Portugal, Hungary, Austria, the Netherlands, the Czech Republic, Slovakia and Sweden: these European nations will fly KC-390s in the future, and the twin-engine aircraft is already in service in Portugal and Hungary. While Hungary has purchased a transport aircraft of this size for the first time, the KC-390 is replacing the old Lockheed C-130 Hercules for the Portuguese. The Netherlands, Austria and Sweden are also procuring the Brazilian design as a Hercules successor.
A replacement for the C-130 is also under discussion in Poland - although the Polish Air Force did receive the first of a planned five used C-130Hs from the US Air Force in 2022, which had previously been stored for years at the Davis-Monthan aircraft cemetery. The entire quintet was built in 1985 and is intended to replace the even older C-130Es, which rolled out of the factory in 1970. However, this is not really a forward-looking business - which is why Embraer is officially offering the Polish government the KC-390 as a long-term solution.
Poland "the perfect location"
Frederico Lemos, Head of Sales at Embraer's armaments division, has a special treat in store for Poland: "Poland is not just a potential customer for us, but a genuine long-term operational and industrial partner and the perfect location for the European assembly line that we want to develop." If Warsaw opts for the KC-390, all Embraer transporters destined for European countries could eventually be assembled in Poland - including the aircraft for its own military, of course.
600 new jobs?
For the government of the ambitious NATO partner, which currently invests four percent of its annual gross domestic product in the military, this would certainly be an argument that it could not easily ignore. Especially as the Brazilians are also feeding their offer with concrete estimates: "Aircraft assembly and the associated aftermarket system, including maintenance and training, could lead to added value of almost one billion US dollars and 600 new jobs," calculates Embraer.
Poland has not yet responded to the offer. However, the move shows that Embraer has done its homework - and is continuing to aggressively position its product as an alternative to the latest Hercules C-130J version with increased self-confidence.
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