Coronavirus crisis rocks airlines and plane makers [Toronto Globe and Mail (Ontario, Canada)]
Embraer S.A. (ERJ)
Last embraer s.a. earnings: 3/26 06:00 am
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Source: Toronto Globe and Mail
The grounding of virtually all flights by Europe’s largest budget airline and European air traffic data on Tuesday highlighted the enormity of the shock to aviation industries from the coronavirus now emptying skies around the globe. Ryanair told customers it had effectively written off the next two months, while European air traffic management body Eurocontrol said volumes on Monday were down more than 75 per cent from the same day last year. “We do not expect to operate flights during the months of April and May at this time,” Ryanair boss Michael O’Leary said in a message to customers. Story continues below advertisement The coronavirus pandemic is also taking a heavy toll on aerospace manufacturing, with saying it would halt production of most wide-body jets and European rival Airbus resuming only partial output on Monday after a four-day shutdown as suppliers cut jobs. With flights grounded because of a collapse in demand over fears of contagion and reinforced by air travel rest
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News
- Embraer S.A. (NYSE: ERJ) was upgraded by analysts at TD Cowen to a "strong-buy" rating.MarketBeat
- Embraer Secures Deal to Sell A-29 Super Tucano Aircraft to Portugal [Yahoo! Finance]Yahoo! Finance
- Aircraft Platforms Industry Research Report: Global & Country-Level Market Forecasts to 2030 [Yahoo! Finance]Yahoo! Finance
- Embraer Approves Equity Swap Agreements to Stabilize Share Prices [Yahoo! Finance]Yahoo! Finance
- Embraer Approves Equity Swap Agreement to Stabilize Stock Prices [Yahoo! Finance]Yahoo! Finance
ERJ
Earnings
- 11/11/24 - Beat
ERJ
Sec Filings
- 12/17/24 - Form 6-K
- 12/16/24 - Form 6-K
- 12/13/24 - Form 6-K
- ERJ's page on the SEC website