The new airline rivalries emerge as competition shifts in Canada's transforming air travel market [Globe and Mail, The (Toronto, Canada)]
Embraer S.A. (ERJ)
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Source: Globe and Mail, The
routes, while WestJet seeks to counter the threat of Flair Airlines in a shift from the decades-old industry dynamic of sparring between the two biggest carriers. Nathan Denette/The Canadian Press On a warm Wednesday this month, a cartoon raccoon raised a cocktail glass and sarcastically saluted Air Canada. The social media image, posted by Porter Airlines, included an accompanying toast from the character: “Air Canada has now joined Porter in offering free beer, wine and snacks to all passengers. Thanks for joining our mission to help everyone actually enjoy economy!” Tongue firmly in cheek, the post went on to ask Canada's largest airline, “What's next, a raccoon mascot?” The online jibe marked the latest instance of publicly calling out competitors – a recent trend amid a transforming airline market that has companies stepping on each other's wingtips in new ways and on a bigger scale. In a country traditionally dominated by two national airlines, a new set of aviation ri
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ERJ
News
- Embraer S.A. (NYSE: ERJ) had its price target raised by analysts at UBS Group AG from $28.50 to $29.00. They now have a "neutral" rating on the stock.MarketBeat
- Eve Air Mobility announces $94M new equity financing [Seeking Alpha]Seeking Alpha
- Eve Air Mobility Announces $94M New Equity to Support eVTOL Development [Yahoo! Finance]Yahoo! Finance
- I went on board the Embraer Phenom 300E and saw why this private jet is the most flown aircraft in the US [Business Insider]Business Insider
- Embraer S.A. (NYSE: ERJ) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
ERJ
Earnings
- 5/8/24 - Beat
ERJ
Analyst Actions
- 7/3/24 - UBS
ERJ
Sec Filings
- 6/3/24 - Form 6-K
- 5/24/24 - Form 6-K
- 5/23/24 - Form SD
- ERJ's page on the SEC website