$ERJ (-3,9%)

Austria's armed forces are looking forward to their new transport aircraft: four Embraer C-390s will replace the outdated Hercules fleet. The C-130Ks still have a while to go, but Austria's first C-390 is already under construction in Brazil.

Several million liters of Danube water will still be flowing through Vienna before it becomes a fully-fledged aircraft, but Embraer has already given the go-ahead for the construction of the first C-390 for Austria at the Gavião Peixoto plant: In the presence of a delegation from the Alpine republic, the aircraft manufacturer from Brazil officially kicked off the structural assembly of the first new military transport aircraft for Austria at a small ceremony on February 14. The four versions of the aircraft will replace the old Lockheed C-130Ks of the Austrian Armed Forces by 2030 at the latest.

Together with the Netherlands, Austria confirmed its order for the Embraer C-390 in July 2024. Both countries are replacing their Hercules transporters with the new aircraft. While the Dutch ordered five C-390s, Austria signed for four, which will be stationed at the air transport squadron at Linz Airport in future. The delivery of the Brazilian twin-engine aircraft is planned from 2028, and the start of structural assembly is now on schedule.

C-390 "sets new standards"

For Bosco da Costa Junior, head of the Embraer armaments division, the start of construction of the first Austrian C-390 logically marked an important milestone. "We are thrilled that we can start production of the first aircraft for Austria and we look forward to delivering the first aircraft to the Austrian Air Force soon," explained the manager on the sidelines of the ceremony at the Embraer factory airfield in Gavião Peixoto - and did not fail to drum up publicity for "his" aircraft once again. As a medium-sized multi-role aircraft for air transport, the C-390 "sets new standards", said da Costa Junior: "It offers an unbeatable combination of state-of-the-art technology, reliability and low operating costs with unsurpassed performance."

Successful in the export business

Embraer has so far received orders for the C-390 from a total of nine countries. The largest and most important customer is the Brazilian military - despite the reduction of the order from the original 28 to just 19 aircraft for budget reasons. In addition to Austria and the Netherlands, Portugal (five aircraft), Hungary (two), the Czech Republic (two), Sweden (four), Slovakia (three) and South Korea (three) have also ordered the C-390. There is also an order from an as yet undisclosed customer, presumably Uzbekistan, for a further two jets. Other interested parties include South Africa, Greece, India and Colombia.

https://www.flugrevue.de/militaer/embraer-c-390-im-bau-hier-entsteht-oesterreichs-erster-hercules-nachfolger/

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Flexjet orders 182 aircraft from Embraer and also secures options for further aircraft. It is the largest order in the company's history.

Flexjet continues its growth trajectory for the third year in a row. In 2023, the US business charter provider doubled its fleet of aircraft based in Malta and the United Kingdom. Last year, the airline announced plans to build its first private jet terminal in Europe at Farnborough Airport by 2026. Now the next step follows: Flexjet places a large order with Embraer.

The US company is ordering 182 aircraft from the Brazilian aircraft manufacturer and has secured options for a further 30 aircraft. The order also includes an extended service and support offer. According to the announcement, the order is worth seven billion dollars, making it the largest firm order in the history of both companies.

Fleet will double in size

This order will almost double the size of Flexjet's fleet over the next five years. Flexjet has ordered the Praetor 600, Praetor 500 and Phenom 300E models. "We are pleased to continue to offer Flexjet's customers access to our market-leading Phenom jets and our Praetor jets, the best in their respective categories," says Michael Amalfitano, Head of Embraer Executive Jets.

The partnership between Embraer and Flexjet began in 2003, and today Flexjet relies on the Praetor 600, Praetor 500 and Phenom 300 series, with the current fleet comprising a total of 128 Embraer jets. The press release also states that the Praetor 600 has been so well received in Europe that it has also been included in the North American fleet since 2023.

https://www.aerotelegraph.com/flexjet-beglueckt-embraer-mit-milliarden-auftrag

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SÃO PAULO , Jan. 16, 2025 /PRNewswire/ -- Embraer (NYSE: ERJ / B3: EMBR3), a global leader in the aerospace industry, delivered 75 aircraft in Q4 2024, a 27% increase over the previous quarter (Q3 2024), when 59 aircraft were delivered, and on par with the same period in 2023 (Q4 2023). For the full year 2024, 206 aircraft were delivered - a figure that is 14% higher than the 181 in 2023.

With 31 deliveries in the last three months of the year, Commercial Aviation reached 73 new aircraft in 2024 (at the upper end of the revised forecast range of 70-73 for the year and within the original forecast of 72-80). Meanwhile, Executive Aviation was responsible for a further 44 jets in the quarter and a total of 130 deliveries in the year (in the middle of the original forecast). Compared to 2023, growth in these business segments amounted to +14% and +13% respectively. Last but not least, Defense & Security also exceeded the previous year's result with the delivery of 3 new C-390 Millennium in 2024 compared to 2 in 2023.

https://www.finanzen.net/nachricht/aktien/embraer-reached-75-deliveries-in-the-last-quarter-of-2024-for-a-total-of-206-new-aircraft-in-the-year-14158328

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In addition to national carrier Miat Mongolian Airlines, there are four other Mongolian airlines, of which only three currently offer scheduled flights: Miat, Aero Mongolia and Hunnu Air. All of them are planning to expand their fleets. Hunnu Air currently operates two Embraer E190s. In March 2025, according to analyst Brendon Sobie, the airline will be leasing an Embraer E195-E2. This will be the first brand new aircraft to be put into service by a privately owned airline in Mongolia, he emphasizes.

https://www.aerotelegraph.com/hunnu-air-flottet-embraer-e2-ein

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On December 31, 2024, Embraer signed a contract for the sale of four A-29 Super Tucano aircraft to an undisclosed customer in Africa.

The aircraft will perform a wide range of tasks, such as border surveillance, surveillance and reconnaissance (ISR), close air support, counterinsurgency and pilot training.

Embraer had already announced a firm order for six A-29 Super Tucanos from an undisclosed customer on December 30, 2024. Deliveries are scheduled for 2026.

These aircraft will be equipped with enhanced capabilities to carry out missions such as air defense, close air support and also patrol flights over the sea.

According to Embraer, the A-29 offers high operational flexibility and can be used on unpaved runways in harsh environments thanks to its robust airframe.

Embraer considers the A-29 Super Tucano to be the world leader in its category with over 290 orders and more than 570000 flight hours, 60000 of which are in service. Prior to the current orders, the Brazilian company had already announced sales of the Super Tucano to the Portuguese Air Force (A-29N), the Uruguayan Air Force and the Paraguayan Air Force in 2014.

https://www.flugrevue.de/militaer/embraer-neue-auftraege-fuer-die-super-tucano/?_gl=1*3wl5ok*_ga*UWdyYlp4UlhTWlhRYzFWSy11elVDbDFhM0FHM29DZGFkTFJSc0pGYlBvNDlEOUs1SlpEY09DNlkzYXNlNmc3SA..

$ERJ (-3,9%)

In Azerbaijan, the theory that the Embraer E190 of Azerbaijan Airlines was accidentally shot at by Russia is considered likely. And claims that the plane was refused permission to land.

The holes were puzzling: shortly after the crash of an Embraer E190 from Azerbaijan Airlines, photos showing holes in the tail unit and fuselage made the rounds. Many observers suspected that they could be bullet holes or shrapnel. According to the local portal Caliber, the investigators in Azerbaijan apparently think so too.

It claims to have learned from reliable government sources that the Azerbaijani authorities assume that flight J28243 was shot at by the Russian Pantir-S missile defense system as it approached its target in Grozny. A Ukrainian drone attack on the Chechen capital took place at the same time. This was confirmed by the government of the republic. However, there is said to have been no damage.

Heavy fog not confirmed in weather data

According to the authorities, the Embraer E190 with the registration number 4K-AZ65 was unable to land in Grozny due to poor visibility. Apparently at least two attempts had failed. The cockpit crew then looked for alternatives. However, according to Caliber, they were not given permission to land at the Russian alternative airports of Makhachkala and Mineralnye Vody.

The Embraer E190 was sent to Aktau - i.e. over the Caspian Sea. This means a distance of around 450 kilometers. The day after the crash, Azerbaijan Airlines announced that it was suspending all flights to Chechnya and Dagestan.

Airspace was not closed

If it really was an accidental attack, Russia would be under pressure to explain itself. If there is a risk of a drone attack or if one is already underway, the airspace in the area must be closed to civilian aircraft. This was not the case over Chechnya at the time. Russia still rejects the accusations of a possible bombardment.

The only thing that has been officially proven so far is that the cockpit crew of Azerbaijan Airlines sent the transponder code 7700 over the Caspian Sea. It stands for an air emergency. Videos taken at the airport show the E190, which was delivered in 2013, descending rapidly. It then turns to the right and hits the ground. Flames can be seen rising, later black smoke. The result of the tragic crash of flight J28243 on December 25: 40 dead and 29 survivors.

https://www.aerotelegraph.com/aserbaidschan-geht-offenbar-von-russischem-beschuss-der-embraer-e190-aus

Embraer sets its sights on China's regional aviation sector. $ERJ (-3,9%)

The company is targeting the rapidly growing regional aviation market in China's smaller cities to further drive its growth.

Over the next twenty years, China is expected to have a demand for 1,630 aircraft with a maximum of 150 seats. This is according to the latest market outlook published by Embraer during the recently concluded 15th International Aerospace Exhibition in Zhuhai, Guangdong Province.

"To build an air transportation system that connects major and regional routes and links urban and remote centers, China needs to deploy the right size aircraft to optimize the network structure. Smaller jets are the key to building network connectivity on a larger scale," said Martyn Holmes, Chief Commercial Officer of Embraer Commercial Aviation, during the air show in Zhuhai.

"The ability of regional hubs to offer high-frequency flights between more cities and improve service quality will attract more passengers," Holmes said.

The Brazilian manufacturer currently operates around 80 aircraft in China. These aircraft connect small and medium-sized airports, facilitating travel in the regional market.

More and more regional airports in second and third-tier cities in China are seeing an increase in passenger traffic, with annual passenger throughput reaching an all-time high last year.

In 2000, Sichuan Airlines signed an order with Embraer for five ERJ145 regional jets. It was the first airline in China and the Asia-Pacific region to use this aircraft model.

In 2003, Embraer and a Chinese company jointly established a factory to manufacture the ERJ145 in China. It was the first time that China entered into a joint venture with a foreign civil aircraft manufacturer to produce aircraft.

The cooperation between China and Brazil is described as a model of South-South cooperation in high-end manufacturing, Embraer said.

https://www.chinadaily.com.cn/a/202411/21/WS673e71c6a310f1265a1ceb73.html

Four Embraer jets for Luxair with an option for 13 aircraft. $ERJ (-3,9%)

The airline has purchased a total of four new Embraer E-195-E2 Tech Eagle jets from the Brazilian aircraft manufacturer, with an option for a total of 13 aircraft. Official unit price of the new "Eagles": 85.5 million US dollars each! These jets will gradually replace the eleven De Havilland Q-400 propeller aircraft.

But that's not all: the company wants to renew its entire fleet of currently 21 aircraft, which will cost around one billion euros by 2030. The strategy behind this is to stabilize the current 93 destinations in 33 countries and further expand the current passenger numbers of 2.5 million. The company sees a potential of 4.6 million passengers in the medium term.

According to Luxair Director Thomas Fischer, the airline expects the first Embraer 195-E2 to enter service in the first quarter of 2026. And curiosity and impatience are growing: "We can hardly wait."

https://www.volksfreund.de/region/luxemburg/neue-luxair-maschinen-fuer-85-5-millionen-noch-gut-ein-jahr-warten_aid-121238619

Sweden wants to procure C-390 transport aircraft. $ERJ (-3,9%)

At a meeting with his Brazilian counterpart, Swedish Defense Minister Pål Jonson has signed a letter of intent for the procurement of Embraer C-390 tactical transport aircraft. This was announced by the Swedish Minister of Defense in a press release on 9 November. Sweden thus becomes the fifth NATO nation and the sixth European country to introduce the versatile type, after the Czech Republic also ordered the C-390 at the end of October.

At the beginning of the year, it became known that Lockheed Martin had also submitted an offer to the Swedish government, which was obviously not successful.https://www.hartpunkt.de/schweden-will-transportflugzeuge-des-typs-c-390-beschaffen/

Embraer exceeds profit expectations. $ERJ (-3,9%)

Embraer exceeds profit expectations - lowers delivery forecast.

The Brazilian aircraft manufacturer Embraer has raised its forecast for the adjusted earnings margin before interest and taxes (EBIT) in 2024 to nine to ten percent. The company had previously forecast six to seven percent, as Embraer announced.

At the same time, the company increased its free cash flow forecast for the current year to at least 300 million US dollars (around 278 million euros), compared to a previous estimate of at least 220 million US dollars.

Nevertheless, Embraer adjusted its expectations for deliveries of commercial aircraft downwards. The new forecast is now 70 to 73 aircraft, whereas previously 72 to 80 units were expected.

Embraer recorded a significant increase in profits in the third quarter. Adjusted net profit rose to 221 million US dollars, compared to 32.9 million US dollars in the same period last year. LSEG analysts had expected a net profit of 74.8 million US dollars. Embraer explained that the higher than expected profit was calculated without extraordinary effects, including USD 50.8 million for deferred taxes and a loss of USD 8.6 million in the Eve unit.

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose from USD 149.3 million in the previous year to USD 356.6 million, exceeding analysts' expectations of USD 162 million. Net sales increased to USD 1.69 billion in the third quarter, compared to USD 1.28 billion in the previous year.

https://www.airliners.de/embraer-uebertrifft-gewinnerwartungen-auslieferungsprognose/77678