Tag: Brazilian (Page 1 of 6)

Embraer delivers Ipanema agricultural airplane number 1,600

January 15, 2024 / WIL BALDWIN

Botucatu, Brazil, January 15, 2024 — Embraer SA (ADR-NYSE: ERJ) Agricultural Aviation Division delivered 65 Ipanema airplanes in 2023, an increase of 18% compared to the previous year. As a result, in December, the company reached the milestone of 1,600 units produced and delivered over the aircraft’s five decades of uninterrupted production.

Since the launch of the new version of the EMB-203 model in 2020, the company has seen continuous growth in sales and plans to increase production to 70 planes this year.

As the leader in the Brazilian aerial applications market, the Ipanema brings innovations and improvements that increase robustness with low operating costs and carbon emissions. The Ipanema is the only agricultural airplane certified and produced in series to fly on ethanol, a renewable energy source that provides increased power to the aircraft’s engine.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Embraer displays defense & security portfolio at ADEX South Korea 2023

October 16, 2023 / WIL BALDWIN

Seoul, South Korea, October 16, 2023 – Embraer SA (NYSE: ERJ) Defense & Security products and solutions, with one of the most comprehensive portfolios and innovative solutions for the defense and security markets, will be presenting at ADEX 2023 in Seoul, South Korea. Embraer’s solutions are present in more than 60 countries, include the C-390 Millennium multi-mission transport aircraft and the A-29 Super Tucano light attack and training aircraft, in addition to broader solutions for air, land, sea, and space domains.

Last year, Embraer signed several Memorandum of Understanding with Korean aerospace companies AeroSpace Technology of Korea (KOSDAQ: 067390), EMKorea Co Ltd (KOSDAQ: 095190), and Kencoa Aerospace Corp (KOSDAQ: 274090) with the objective of strengthening collaboration with Korean defense industry partners for the future supply of parts for the Embraer C-390 Millennium aircraft.

The C-390 Millennium is currently under operation with the Brazilian Air Force (FAB), where the existing fleet is presenting operational availability of 80% and mission accomplishment rates in excess of 99%, demonstrating exceptional productivity for this aircraft segment. Besides Brazil, Portugal, Hungary, the Netherlands and most recently Austria have selected the C-390 to modernize their military transport aircraft fleets.

Embraer and Brazilian Army complete first test of M200 Vigilante radar

August 28, 2023 / WIL BALDWIN

Parintins, Brazil, August 25th, 2023 – Embraer (NYSE: ERJ) and the Brazilian Army have successfully completed the first test of the M200 Vigilante radar, including the deployment of the equipment on the KC-390 aircraft from the Brazilian Air Force (FAB). The radar operation was carried out at Júlio Belém Airport, located in Parintins, during June and July. The Parintins City Hall, Júlio Belém Airport, and Viracopos International Airport also supported the initiative.

The location was chosen due to the Parintins Folkloric Festival, an event that causes a significant increase in air traffic in the region. Thousands of visitors accessed the city this year through Júlio Belém Airport, resulting in more than 800 landings and takeoffs in one week. The M200 Vigilante radar was transported for the first time on a KC-390, on a three-hour journey between Campinas, in São Paulo state, and the city located in the Amazon rainforest. The sensor continuously monitored air traffic within a 200 km range of the airport, working together with CINDACTA IV flight controllers. CINDACTA IV is the Brazilian Air Force agency responsible for flight monitoring in the northern region of the country.

The M200 Vigilante radar is a medium-range sensor aimed at Air Surveillance and Early Warning applications. Using advanced processing techniques, it can identify and track positions and trajectories, as well as classify targets. It has an integrated power generation system, which guarantees operation autonomy for up to 48 hours and ease of transport by land and air platforms.

Embraer Displays Most Efficient Single Aisle Commercial Jet at Selangor Aviation Show

November 26, 2021 / WIL BALDWIN

Kuala Lumpur, Malaysia – Making its appearance at the first edition of the Selangor Aviation Show is Embraer’s E195-E2, the world’s most efficient and sustainable single-aisle jet. Showcasing a stunning “TechLion” livery that covers the entire aircraft’s fuselage, the E195-E2’s appearance at the Selangor Aviation Show comes after the aircraft’s presence at the Dubai Air Show earlier in the month. Featuring Embraer’s two by two passenger seating, the commercial jet sits up to 146 passengers.

In its 2021 market outlook, Embraer foresees a demand of 60 new commercial aircraft under 150 seats in Malaysia over the next 10 years. Driving this demand is the opportunity for aircraft under 150 seats to complement larger aircraft prevalent in the country and enhance the viability of establishing new routes or increasing the frequency of existing routes. This includes the boosting of direct connectivity within Peninsula Malaysia, as well as connectivity between cities in Peninsula Malaysia to East Malaysia (Sabah and Sarawak).

With a range of 2600nm (~5.5 hours of flight time), the E195-E2 is the largest of the three aircraft in the E-Jets E2 family. It entered into service at the end of 2019 following type certification from three major world regulatory authorities – the FAA (U.S. Federal Aviation Administration), EASA (European Aviation Safety Agency) and ANAC (the Brazilian Civil Aviation Agency). It is currently operated by KLM, which has 53 Embraer E-Jets in its fleet, Azul which operates 55 E-Jets and flies to more than 100 destinations in Brazil, as well as airlines in Switzerland, Spain, Belarus and Nigeria.

Embraer is the world’s leading manufacturer of commercial jets that seat up to 150 passengers. The commercial aircraft manufactured by Embraer are being operated by airlines in more than 130 airlines across over 70 countries, including airlines in the US (all the major carriers), British Airways, KLM, Japan Airlines and airlines in China.

First Naval Combat H225M Ever Built Delivered to Brazilian Navy

November 26, 2021 / WIL BALDWIN

Airbus Helicopters has delivered the first H225M in naval combat configuration to the Brazilian Navy. Stationed at the naval base in São Pedro d’Aldeia, the aircraft will boost the Brazilian Navy’s mission capabilities including anti-surface warfare and maritime surveillance.

Developed by the engineering team at Helibras (the Brazilian subsidiary of Airbus Helicopters), this naval version of the H225M aircraft is the most complex configuration that has ever been produced for this multirole helicopter. The aircraft’s embedded systems include the EWS IDAS-3 (countermeasure system), MBDA Exocet AM39 B2M2 missiles, the APS143 tactical radar and the naval mission system N-TDMS (Naval Tactical Data Management System) developed in partnership with Atech and Airbus Defense and Space, which is responsible for making the command and control of all embedded systems, including the missile system.

The last stage of the firing campaign with the Exocet AM39 B2M2 missiles was successfully carried out last June, representing a major milestone in the programme, which led the way to qualification and delivery.

The naval H225M is part of the contract signed by the Brazilian government in 2008 and which includes 50 H225Ms to be operated by the three armed forces. So far, 39 H225Ms have been delivered to the Brazilian Armed Forces, all of them assembled locally by Helibras.

Dubai Aerospace Enterprise Orders 15 Boeing 737 MAX Jets

April 20, 2021 / WIL BALDWIN

SEATTLE, April 20, 2021 /PRNewswire/ — Boeing [NYSE: BA] and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from Boeing as it modernizes its portfolio for better economic and environmental performance.

The order will appear on Boeing’s Orders and Deliveries website once finalized.

Firoz Tarapore, Chief Executive Officer of DAE, said: “We are delighted to deepen our already strong relationship with Boeing. Including this order, we own and manage 162 Boeing aircraft. An increasing number of global aviation regulators are returning the MAX to the skies. We are confident in the success of these aircraft as domestic and regional air travel are seeing strong signs of recovery.”

The new purchase is DAE’s second investment in the 737 MAX in the past year. In the third quarter of 2020, the lessor signed an agreement with American Airlines to purchase and lease back 18 new 737-8 airplanes. Since the agreement, the lessor has delivered 17 of the jets to the U.S. carrier. DAE previously completed a similar purchase-leaseback deal with Brazilian carrier GOL for five 737-8s.

“DAE has been instrumental in helping its customers realize the operating economics and environmental performance of the 737-8. We are delighted that they have come back to add more 737 aircraft to its growth plan as it positions itself for the recovery in commercial passenger traffic,” said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. “We are honored by DAE’s trust in the 737 family and we look forward to partnering with them to serve the fleet requirements of airlines around the world.”

The 737-8 is a member of the 737 MAX family which is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The airplane can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 also delivers superior efficiency, using 16% less fuel and significantly reducing CO₂ emissions and operating costs.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Dubai Aerospace Enterprise (DAE) Ltd. is a global aviation services company headquartered in Dubai. DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York and Seattle. DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion. DAE’s Engineering division serves customers in Europe, Middle East, Africa and South Asia from its state-of-the-art facility accommodating up to 15 wide and narrow body aircraft. It is authorized to work on 13 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com.

Embraer Announces 19 New Orders for Ipanema Agricultural Aircraft

March 3, 2021 / WIL BALDWIN

Botucatu – São Paulo, March 3, 2021 – Embraer (NYSE: ERJ) today announced that its agricultural aviation division has sold 19 EMB-203 Ipanema single-seat aircraft in February, totaling 27 aircraft sold this year. This sales volume in the first two months of 2021 is already 8% higher than what was negotiated throughout 2020.

The second consecutive month of high sales reflects the favorable performance of the Brazilian agribusiness and the technological innovations incorporated in the new version of the Ipanema aircraft. Agricultural crop dusting services has been leading the market demand this year.

Although the demand for Ipanema remains more intense in the Midwest, the main agricultural hub in Brazil, the pace of sales this year has also been increasing in other regions in the country.

With almost 1,500 units delivered, Ipanema is the leader in the agricultural segment with a 60% share of the national market. Its role in precision agriculture combines high technology and continuously evolves to meet the requirements of high productivity and low operating cost.

The Ipanema 203, the most updated model in the series, has incorporated multiple improvements such new wing parts with different geometry and more resistant stainless steel material. This solution postpones eventual wear and tear from the severe natural condition of field operations and maintenance expenses over the years. The advanced aerial sprayer also has a new design on the engine hood, with new air outlet grilles to ensure greater cooling.

Delta and LATAM Receive Final Approval in Brazil for Joint Venture Agreement

February 25, 2021 / WIL BALDWIN

Delta Air Lines (NYSE: DAL) and LATAM (Santiago: LTM.SN) have received final approval, without conditions, of their commercial agreement (“trans-American Joint Venture agreement” or “JVA”) by the Brazilian competition authority – the Administrative Council for Economic Defense – after initial approval was granted in September 2020. The JVA seeks to enhance the route networks served by both airlines, delivering a seamless travel experience between North and South America. The Delta-LATAM agreement has also been approved in Uruguay while the application process continues in other countries, including Chile.

“This final approval in Brazil furthers our mission to provide customers in this important market with the world-class travel experience and options they deserve,” said Delta CEO Ed Bastian. “Moving forward, we will continue working with LATAM to unlock more benefits for our customers and create the premier airline alliance of the Americas.”

LATAM Airlines Group CEO Roberto Alvo added, “This ruling reinforces the benefits of this type of agreement for travelers and enables us to advance in our commitment to delivering greater and better connectivity between South America and the world.”

The ratification by the Brazilian authority supports the work of both airlines to deliver a broader and more competitive network of benefits for their customers that will include, among others:

Code-share agreements between Delta and certain subsidiaries of the LATAM group, which allow the purchase of tickets to a larger network of destinations.
Members of the Delta SkyMiles and LATAM Pass programs can redeem points / miles on both airlines, accessing more than 435 destinations around the world.
Shared terminals and faster connections at Terminal 4 of New York’s John F. Kennedy International Airport (JFK) and at Terminal 3 of São Paulo’s Guarulhos Airport.
Reciprocal lounge access: Customers can access 35 Delta Sky Club lounges in the United States and five LATAM VIP lounges in South America.

Embraer Cheers Brazilian Government Decision to Review Aeronautic Sector Subsidies

February 18, 2021 / WIL BALDWIN

São Paulo, Brazil, February 18, 2021 – Embraer (NYSE: ERJ) welcomes the Brazilian Government’s decisions to withdraw its ongoing World Trade Organization (WTO) dispute with Canada regarding aeronautical subsidies and to launch negotiations on more effective disciplines to regulate government support in the Commercial Aviation segment.

At the WTO, Brazil challenged more than USD 3 billion in illegal subsidies that the Governments of Canada and Quebec provided to Bombardier for the launch, development and production of the C-Series program. These subsidies distorted the conditions of competition in the global market for commercial aircraft, causing serious prejudice to Embraer, in clear violation of WTO rules.

Although Brazil has a strong case, the WTO dispute became ineffective to address the Canadian subsidies and to remedy the distortions generated in the market. After Bombardier exited the Commercial Aviation segment and transferred the C-Series program (now called A220) to Airbus, which has a second assembly line in the United States, the trade dispute against Canada at the WTO is no longer the most effective means to achieve Brazil’s and Embraer’s goal of reestablishing a level playing field in this sector.

Embraer also supports Brazil’s initiative to launch negotiations for more effective disciplines on government support in the commercial aviation segment, as the best way to achieve this goal, as previously seen with the successful experience of the OECD’s Aircraft Sector Understanding (ASU), signed in 2007 to regulate export credits. Ultimately, Embraer believes that commercial aircraft manufacturers should compete against each other based on the merits of their product, not on the amount of funding they receive from their governments.

Embraer Delivers 71 Jets in 4Q20 and 130 Total in 2020

February 12, 2021 / WIL BALDWIN

Embraer (NYSE: ERJ) delivered 71 jets in the fourth quarter of 2020, of which 28 were commercial aircraft and 43 were executive jets (23 light and 20 large), which represents a decrease of 10 aircraft in the quarter in comparison with 4Q19.The Company delivered a total of 130 jets in 2020, comprised of 44 commercial aircraft and 86 executive jets (56 light and 30 large), which represents a decrease of almost 35% compared to 2019, when 198 jets were delivered.

Although deliveries accelerated during the fourth quarter of 2020 relative to the three previous quarters, they were heavily impacted, mostly in commercial aviation, due to COVID-19 pandemic. As of December 31, the firm order backlog totaled USD 14.4 billion.

During 4Q20, Embraer Executive Jets delivered the first of the Praetor 600 fleet to Flexjet, the Praetor fleet launch customer. The business unit also announced a collaboration with Porsche to create Duet, a limited-edition Embraer Phenom 300E aircraft and Porsche 911 TurboS car pairing.

In commercial aviation, the Belarusian national air carrier Belavia took delivery of its first E195-E2 jet. Congo Airways placed a firm order for two E195-E2 jets, in addition to their existing two aircraft order for the smaller E190-E2. This new firm order was included in Embraer’s 2020 fourth quarter backlog.

Embraer Defense & Security delivered the fourth C-390 Millennium multi-mission medium airlifter to the Brazilian Air Force (FAB) in the fourth quarter. All 28 units of the aircraft ordered by FAB are equipped to perform aerial refueling missions, with the designation KC-390 Millennium. Embraer also delivered the first two modernized EMB 145 AEW&C (Airborne Early Warning and Control) aircraft, designated E-99, to FAB. Three additional E-99 aircraft will be modernized as part of the contract.

Embraer announced the completion and delivery of the first European conversion of a Legacy 450 to a Praetor 500 for an undisclosed customer. The conversion was performed at the Embraer Executive Jets Service Center at Le Bourget International Airport, in Paris, France.

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