LATAM Airlines will receive the E195-E2 jets it ordered from Embraer "relatively quickly" and expects them to allow the carrier to add 25 to 30 new destinations in Brazil, an executive said on Friday.
ERJ to deliver up to 74 E195-E2 jets to LATAM Airlines from 2026, strengthening the airline's network and boosting its market presence.
Embraer is upgraded to a growth story, with a record $29.7 billion backlog and robust demand across all business segments. ERJ's strategic Avelo Airlines order and growing defense contracts, especially with NATO, enhance earnings visibility and market credibility. Valuation remains attractive: ERJ trades at 10x forward EBITDA despite leading peer growth, with a price target of $88, implying 55% upside.
Metalworkers at Brazilian planemaker Embraer went on strike on Wednesday for indefinite time demanding wage increases and the signing of a collective labor agreement, the Metal Workers Union from Sao Jose dos Campos said in a statement.
ERJ wins a $4.4 billion deal with Avelo Airlines for up to 100 E195-E2 jets, bolstering its backlog and fueling future growth.
Embraer posts wider-than-expected Q2 loss despite 21.8% revenue jump, with gains across all business segments and a record $29.7B backlog.
Embraer S.A. (NYSE:ERJ ) Q2 2025 Earnings Conference Call August 5, 2025 8:00 AM ET Company Participants Antonio Carlos Garcia - CFO, EVP of Financial & Investor Relations, Head of Investor Relations & Investor Relations Officer Francisco Gomes Neto - President & CEO Guilherme Paiva - Corporate Participant Conference Call Participants Alberto Valerio - UBS Investment Bank, Research Division Andre Ferreira - Banco Bradesco BBI S.A.
The headline numbers for Embraer (ERJ) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ERJ's Q2 results likely got a lift from strong gains in executive jets, defense contracts and aftermarket service demand.
Brazil's government has asked the U.S. to exclude food products and Embraer's aircraft from the 50% tariff it plans to impose on Brazilian goods starting August 1, a source familiar with the matter told Reuters on Tuesday.
The recent 20% drop in shares reflects fear, not fundamentals, creating an opportunity for investors who are truly informed about the case. 50% tariffs are threatening, but the company may be able to secure exceptions, as has happened in previous agreements. Embraer's strategic presence in the US could mitigate the impact. There appears to be no intention to harm the companies.
ERJ delivers four A-29 Super Tucano aircraft to the Paraguayan Air Force, fueling a surge in shares and showcasing its global defense footprint.