A sustainable alternative fuel to kerosene already exists and will have an increasing participation in the industry, but high costs are a major obstacle for its use.
Browsing: Embraer
The announcement was made by Embraer’s CEO at a seminar this Wednesday afternoon (29) in Riyadh. One of the agreements was with the company FlyNas involving a flying car. Brazilian president Lula spoke at the opening of the event.
The financial institution approved a USD 270 million finance for Embraer jets export to US group.
Brazilian state bank has approved a USD 413 million credit line to finance the firm’s aircraft production and exports.
Oman’s SalamAir signed an order for E195-E2 jets, while Royal Jordanian Airlines signed a memorandum to introduce two variants of Embraer’s jets.
Embraer executive Rodrigo Pérsico (picture below) pens article on the company’s Defense & Security aircraft and the development of a diverse portfolio to supply the sector.
Startup Eve signed a letter of intent with aviation services operator Falcon Aviation to deliver 35 electric vertical take-off and landing aircraft starting in 2026. Touristic flights will leave from the hotel Atlantis, The Palm in Dubai.
The Brazilian aircraft manufacturer recorded net revenue of BRL 22.7 billion last year (about USD 4.53 billion), up 15% from 2020, and delivered 141 jets.
The president visited the most significant aviation show in the region this Sunday (14), accompanied by a delegation of over 50 people.
The Brazilian company made less deliveries in quarter two compared to last year and reported a net loss. The termination of negotiations for a joint venture with Boeing as well as COVID-19 affected the outcome.
Administrative Council for Economic Defense gave nod to Boeing’s purchase of 80% of Embraer’s commercial jet division and the creation of the joint venture between both companies.
Memorandum of understanding signed last Thursday allows for research to develop a light military transport. Goal is also meeting current global demands.
CIAF Leasing signed a firm order for three E190 jets, with delivery due for Q4 2020.
Brazilian aircraft manufacturer delivered 17 commercial and 27 business jets in Q3 2019. Firm order backlog was USD 16.2 billion in late September.
