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Stock impact report

China's upstart planemaker is taking advantage of production woes at Boeing and Airbus as it seeks to break into the Western market [Business Insider]

Embraer S.A. (ERJ) 
Last embraer s.a. earnings: 3/26 06:00 am Check Earnings Report
US:NYSE Investor Relations: ri.embraer.com.br
Brazil is also home to Embraer, but its planes have a smaller capacity than the Chinese jet. Chinese planemaker Comac looks set to win its first order from a Western airline, Reuters reported, as Boeing and Airbus deal with supply-chain constraints. Paulo Almada, the controlling partner of Total Linhas Aereas, a small charter and cargo airline based in Brazil, told the outlet that talks with Comac have been ongoing for months. Reuters reported that he will visit Comac next month to discuss an order of up to four of its C919 jets. Total Linhas Aereas did not immediately respond to a request for comment sent by Business Insider outside Brazilian working hours. The C919 is a narrowbody jet similar to the Airbus A320 and Boeing 737 Max. Comac hopes it will be able to compete with the industry leaders but it is a less advanced aircraft; its range is 500 miles less than the A320neo. With over 1,000 orders — predominantly from Chinese airlines — it first entered commercial service Show less Read more
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