The customer base for the military transport jet from Brazil continues to grow: now a state from the Baltic States has also opted for the Embraer C-390.

$ERJ (+1,95 %)

Hello my dears,

Even if the valuation is not favorable at the moment, I am looking to the future and see a good fall in the P/E ratio due to the growth in profits.

A major order and several smaller orders are contributing to this. The C-399 is slowly developing into the transport and tanker aircraft of the NATO countries. Important innovations are being driven forward at the subsidiary Eve.

That's why I'm not letting any shares out of my hands.

(A consolidation may also be a good buying opportunity for you, this is my personal opinion and not investment advice)

Although no contract has been signed yet, Lithuania has selected the Embraer C-390 as its new military transporter. With this decision, the country aims to further improve interoperability with other NATO partners. "We have carefully evaluated the various military transport aircraft available on the market and our assessment clearly showed that the C-390 Millennium is the most suitable platform to fulfill our national military mission requirements. Therefore, Lithuania has selected Embraer for further negotiations and expects to conclude the purchase contract in the coming months," said Loreta Maskaliovienė, Deputy Minister of National Defense of Lithuania, at the Paris Air Show today.

The purchase of three aircraft is under consideration. According to the Brazilian company, the planned contract should also include opportunities for Lithuanian partners in maintenance and parts production. To date, the Lithuanian Air Force has relied on three C-27J Spartans and the Let L-410 as transporters, which are stationed in Siauliai.

In service with three nations

The C-390 is currently in service with three nations: Brazil since 2019, Portugal since 2023 and Hungary since last year. Other customers include the Netherlands, Austria, Sweden, Slovakia, South Korea, the Czech Republic and an undisclosed buyer. According to Embraer, the operational reliability rate is currently 93 percent. The aircraft has a payload of up to 26 tons and can also be used for aerial refuelling.

Also at the Paris Air Show, Portugal, the first export customer for the C-390, announced an order for a further aircraft. More could follow, as the country has options for up to ten transporters.

https://www.flugrevue.de/militaer/ausbau-der-luftflotte-nato-mitglied-litauen-kauft-brasilianische-militaerjets/

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Embraer subsidiary Eve has presented a complete full-size demonstration model of its Evtol for the first time. In addition, a customer from São Paulo has signed a firm contract.

Several hundred Evtol start-ups have emerged in recent years. The abbreviation stands for Electric Vertical Takeoff and Landing and refers to electrically powered vertical take-off and landing vehicles, often simply called air cabs. One of the better-known developers was the German company Lilium. However, it went bankrupt.

Some other large Evtol manufacturers have advantages because they are more broadly based. For example, the American company Archer is developing its Midnight model not only in a civilian version, but also in a military version - together with the United States Air Force. And the company Eve Air Mobility is a subsidiary of the Brazilian aircraft manufacturer Embraer, which is driving the project forward.

Unmanned test flight as the next step

Eve already exhibited a demonstration model at the Farnborough Air Show in summer 2022 - but it only consisted of a cabin and cockpit. On Sunday (June 15), the company presented a full-scale demonstration model for the first time at the Paris Air Show.

The first prototype is due to take off for its maiden flight in Brazil "later this summer", said Eve CEO Johann Bordais. This will initially be a remote-controlled prototype without a cabin, focusing on the technology. Construction of a fully-fledged prototype that is suitable for certification is also set to begin before the end of the year and is expected to take off with a pilot from 2026.

Six prototypes and one firm signature

"A total of five to six prototypes are required for certification," says Bordais. The first deliveries are scheduled for 2027. According to the manager, the production rate is planned to be "up to 120 per year" at the beginning, "then we'll double that and eventually we want to reach 480".

And there is now also a first firm customer: Revo, a Brazilian subsidiary of Portugal's Omni Helicopters International, has signed a binding framework agreement to purchase up to 50 Evtols from Eve. Revo currently offers helicopter flights on fixed routes in the São Paulo area.

https://www.aerotelegraph.com/flugzeuge/embraer-zeigt-evtol-eve-in-voller-groesse-und-praesentiert-ersten-festen-kunden/b5rq510

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Embraer has received a firm order from SkyWest for 60 aircraft with purchase rights for an additional 50 jets. Delivery of the aircraft will begin in 2027. The list price of the firm order for 60 aircraft, which will be included in Embraer's order backlog for the second quarter, is USD 3.6 billion.

With a fleet of 263 aircraft and an order backlog of 16 jets, SkyWest Airlines is the world's largest owner and operator of E-Jets. This order further strengthens its position.

"As the world's largest E175 owner and operator, we are pleased to further expand our E175 fleet and strengthen our presence in both segments. This order will allow us to advance our long-term fleet strategy and continue to offer the industry-leading regional product," said Chip Childs, President and CEO of SkyWest.

"We are pleased to continue our long-standing partnership with SkyWest Airlines with this major order. The E175 is a cornerstone of regional aviation in North America, and this order reinforces SkyWest's confidence in the performance, reliability and passenger comfort of our aircraft. We look forward to supporting SkyWest's growth and success in the years to come," said Arjan Meijer, President and CEO of Embraer Commercial Aviation.

Embraer and SkyWest have worked closely together for nearly 40 years. The collaboration began in 1986 when the US airline acquired five EMB-120 Brasilia aircraft. At the end of 1997, SkyWest celebrated its 25th anniversary and already operated over 40 EMB-120 aircraft. In 2013, the partnership was renewed with the purchase of 100 E175s. Today, SkyWest is the largest operator of the E260 with over 175 Embraer aircraft.

https://www.aeroflap.com.br/de/Skywest-erteilt-Festbestellung-im-Wert-von-2-Milliarden-US-Dollar-f%C3%BCr-6-Embraer-Flugzeuge/

$ERJ (+1,95 %)

Hello my dears,

I would like to inform you, also in between, about the products and orders of some companies. I hope you don't see it as spam and are happy about new products and information.

Otherwise, please let me know in the comments.

The Portuguese Air Force (FAP) will be the launch customer for the NATO standard Embraer A-29N Super Tucano. The first delivery of the light combat aircraft is planned for this year. The aircraft on display at the Paris Air Show is also attracting great interest from European armed forces and trade visitors.

The Embraer EMB 314 Super Tucano - also known as the ALX or A-29 - is a light counterinsurgency (COIN) and close air support (CAS) aircraft from the Brazilian manufacturer Embraer. There are now a large number of variants and user states. Among others, the A-29 is used by the American special forces. It is available as a single and two-seater.

At the Paris Air Show, the Super Tucano will be shown as a two-seater. It can then also be used as a training aircraft, especially as preparation for pilots of the latest generation of jets. As a two-seater, however, the pilot's workload can also be reduced by using the rear seat to accommodate the weapons officer, who then operates the EO/IR reconnaissance pod as well as the laser rangefinder and designator.

The A-29 has a length of 11.38 m and a wingspan of 11.14 m. In the armed version, two .50 BMG machine guns are installed in the wings, plus a total of five hardpoints for mounting additional pods or weapons.

According to the manufacturer, the following weapons are already integrated in the Super Tucano: SUU-25 flare launcher, a 7-launcher for 70 mm rockets, the 500 lb MK-84 bomb, the 250 lb MK-81 and GBU-58 LGB bonbons, 750 lb M-117 GP bomb, covention and laser-guided APKWS missiles, 500 lb GBU-12 LGB / GRIFFIN LGB / LIZARD IV INS/GPS bombs, SUU-20 training bomb dispenser, 320 liter auxiliary tank, a logistic pod for resupplying troops on the ground and an EO/IR HD sensor and designator under the nose (e.g. MX-10/15 from L3Harris.

According to unconfirmed information, several European special forces are very interested in such a light attack aircraft or a comparable model. Including Germany.

https://defence-network.com/embraer-a-29-super-tucano-paris-air-show-2025/

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At the 55th Paris Air Show, Brazilian manufacturer Embraer confirmed that Portugal intends to procure a sixth C-390M transport aircraft for its air force. The Portuguese government had already signed a framework agreement for five aircraft in August 2019.

With the additional procurement now announced, the FAP (Força Aérea Portuguesa) will operate six C-390Ms in future.

Ten options for NATO partners

But it is not only the fleet expansion itself that is causing a stir: Together with Embraer, Portugal also wants to include ten additional purchase options in the existing contract. These are intended to enable other European countries and NATO members to procure C-390Ms in future via state agreements with Portugal. This will not only strengthen multilateral operational capability, but also create an economic advantage through joint training, logistics and life cycle costs - and, last but not least, strategically integrate the Portuguese aviation sector.

"With this decision, we continue to invest in the capabilities of our Air Force - as a reference operator of an aircraft with unique characteristics, integrated and tested in Portugal," explained Defense Minister Nuno Melo. "The inclusion of ten options for government-to-government negotiations offers European and NATO countries access to a versatile platform that also strengthens Portugal's industrial base and training infrastructure, such as the new C-390M Training Center."

First repeat order by a user state

Embraer Defense & Security is also delighted with the order: "The fact that Portugal is the first operator to order an additional aircraft confirms the reliability and performance of the C-390M," emphasizes Bosco da Costa Junior, CEO of Embraer Defense & Security. The company is seeing increasing interest from other Western countries - and hopes that other European air forces will soon join the growing user group.

https://militaeraktuell.at/embraer-portugal-bestellt-sechste-c-390m-plus-zehn-optionen/

Morgan Stanley raises price target for Embraer shares from 45 to 65 dollars

https://www.investing.com/news/analyst-ratings/embraer-stock-price-target-raised-to-65-from-45-at-morgan-stanley-93CH-4097349

How it feels to fly the KC-390

https://www.flugrevue.de/militaer/embraer-militaertransporter-so-fliegt-es-sich-in-der-kc-390/?_gl=1*v33rxs*_ga*UWdyYlp4UlhTWlhRYzFWSy11elVDbDFhM0FHM29DZGFkTFJSc0pGYlBvNDlEOUs1SlpEY09DNlkzYXNlNmc3SA..

$ERJ (+1,95 %)

HSBC has upgraded its rating on Brazilian aircraft manufacturer Embraer from "hold" to "buy", stating that a record order backlog, improved production and increasing momentum in business aircraft and defense deliveries support a positive earnings performance this year.

The brokerage raised its price target from $45 to $57, citing a higher valuation of Embraer's eVTOL unit EVE and a lower discount rate in its cash flow model.

The new target implies an upside potential of 24% from current levels.

"With a historic order backlog of $26.4 billion at the end of the first quarter, Embraer can deliver strong revenues in the coming quarters. This will be supported by increased efforts to eliminate production bottlenecks and a more even distribution of production across quarters," HSBC wrote.

The company expects a robust performance in the second quarter with nine aircraft already delivered, which is almost 20% of deliveries in the second quarter last year.

HSBC forecasts a 28% year-on-year increase in business aircraft deliveries in the first quarter of 2025 and sees stable demand in the defense sector, particularly for the KC-390 and A-29 aircraft.

The bank also cited the upcoming Paris Air Show as a potential source of new orders.

The impact of the new US tariffs of 10% on Brazilian imports is likely to be limited, the bank estimated, and expects EBIT margins in the Executive and Services segments to decline by around 90 basis points. Embraer intends to compensate for this through cost reductions and an increased US share, it noted.

Commercial aviation is not affected by this and the margin forecast for 2025 remains unchanged.

HSBC maintained its revenue guidance of $7.5 billion for 2025, which is the upper end of the company's guidance, and forecast a consolidated adjusted EBIT margin of 7.9%. The company is now valued at an EV/EBITDA ratio of 10.8x for 2025 and 8.1x for 2026, compared to a five-year average of 8.7x.

A successful flight test of the first full-scale EVE prototype, planned for mid-2025, could serve as an important catalyst, the company added.

https://www.investing.com/news/stock-market-news/hsbc-upgrades-brazils-embraer-on-strong-delivery-outlook-4080918

Bermudair expands with third Embraer E190

06.06.25 - 15:17

Editorial

The airline from Bermuda has added its third Embraer E190 to the fleet. It has been named after a close companion, Niel Jones, and bears the registration VQ-BLZ. According to Bermudair, the additional jet will strengthen operational reliability and flexibility. A fourth aircraft is to follow in June.

The fleet expansion will support the introduction of new routes to Providence, Richmond and Montreal, Bermudair added.

https://www.aerotelegraph.com/ticker/bermudair-baut-mit-dritter-embraer-e190-aus/8l22x0k

Air India orders 100 Airbus aircraft

My dears, it must be going on in the airplane sector.

Hope my investment in $MTX (+0,62 %) . $TDG (+1,95 %) and $ERJ (+1,95 %) continue to profit from it.

https://www.aero.de/news-49947/Air-India-bahnt-neue-Grossbestellung-an.html

$ERJ (+1,95 %)

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

$ERJ (+1,95 %)

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.

https://www.flugrevue.de/flugzeugbau/das-iae-v2500-geschichte-eines-erfolgreichen-triebwerks-mtu/?_gl=1*1kpei7q*_ga*UWdyYlp4UlhTWlhRYzFWSy11elVDbDFhM0FHM29DZGFkTFJSc0pGYlBvNDlEOUs1SlpEY09DNlkzYXNlNmc3SA..

$ERJ (+1,95 %)

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.

https://www.aerotelegraph.com/ticker/erste-embraer-e195-e2-von-mexicana-de-aviacion-nimmt-gestalt-an/dd6ecl0