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Stock impact report

Embraer a 'great solution' for carriers to add capacity more quickly, CEO says [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
add capacity more quickly amid constraints to 'big' narrowbody deliveries in the industry, Chief Executive Francisco Gomes Neto said on Tuesday. The company has seen increased demand for its commercial jets and is actively working on several sales campaigns it hopes to conclude in coming months, Gomes Neto told reporters at an event at the firm's headquarters. Embraer has production slots available from 2026, meaning it can deliver on new jet sales before larger rivals Boeing and Airbus, the latter having sold out its production of single-aisle jets until the end of the decade. The Brazilian firm is gearing up for the Farnborough Airshow next month, when planemakers often announce major orders. Gomes Neto said Embraer hopes this year's event will be "the best show ever" for the company. Earlier this month, Embraer bagged an order for 20 E2 jets from state-run Mexicana de Aviacion, opening a new market for its second-generation commercial jets. (Reporting by Gabriel Araujo; E Show less Read more
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