Latest news with #regionaljets
Reuters
2 days ago
- Business
- Reuters
SkyWest, Lithuania deals lift Embraer at Paris Airshow
SAO PAULO/PARIS, June 18 (Reuters) - Investors and analysts on Wednesday welcomed fresh deals announced by Brazilian planemaker Embraer ( opens new tab at the Paris Airshow, including a major regional jet order from SkyWest and a defense agreement with Lithuania. The announcements helped Embraer's shares climb as much as 5%, making it the top performer on Brazil's benchmark stock index Bovespa (.BVSP), opens new tab, and underscored positive sales momentum for the company. Embraer got off to a turbulent start on Monday at Le Bourget as Polish carrier LOT, a long-time E-Jet operator, chose Airbus' ( opens new tab A220 regional jet over the Brazilian firm's E2 family after a hard-fought contest for a landmark 40-airplane deal. But it recouped ground on Wednesday as U.S. airline SkyWest placed a firm order for 60 E175 jets valued at $3.6 billion at list price, with options for 50 more. The deal was described as a "mega order" by Embraer's commercial aviation head, Arjan Meijer, who added in a statement that the E175 was the "cornerstone of regional aviation in North America." Santander analysts praised it as a "strong positive development" for Embraer due to the meaningful boost to its backlog and indications of continued demand for the first-generation models in the key region. The Brazilian firm also revealed that South Africa-based Airlink plans to lease 10 second-generation E195-E2 jets from Azorra, a move which Itau BBA believes could lead to further orders from the U.S. lessor in the future. On the defense front, Lithuania said it had tapped Embraer's KC-390 airlifter for its fleet, paving the way for the acquisition of three aircraft. Financial details were not disclosed. Analysts say the move may fuel more orders from European and NATO countries, with nations such as Portugal, Hungary and the Netherlands having also selected the aircraft, which competes with Lockheed Martin's (LMT.N), opens new tab C-130. "We see potential for at least 50 new orders for the C-390 from NATO countries with the rise in defense investments in Europe," Bradesco BBI said in a note to clients. Embraer, the world's third-largest planemaker after Airbus and Boeing (BA.N), opens new tab, has been riding tailwinds on the back of strong demand for its jets. Its shares have surged 30% so far this year, building on gains of more than 150% in 2024.
Bloomberg
11-06-2025
- Business
- Bloomberg
AirAsia's 100-Jet Paris Order Pits Airbus A220 Against Embraer
By and Siddharth Vikram Philip Save Low-cost carrier AirAsia is poised to order about 100 regional jets at the Paris Air Show next week, with the Malaysian airline still undecided between the Airbus SE A220 or Embraer SA 's E2, according to people familiar with the matter. Negotiations with the manufacturers are coming down to the wire, said the people, who asked not to be named because the talks are confidential. Attractive financing is a key requirement for AirAsia and could sway the final decision, they said.
Wall Street Journal
07-06-2025
- Wall Street Journal
United Switches Off Starlink Internet on Regional Jets After Static Problem
United Airlines started rolling out free Starlink Wi-Fi last month with fanfare. But it has had to disable the service on roughly two dozen planes to address problems with static interference. United said Friday that it is working with Starlink to address 'a small number of reports' about the problem, which it said isn't a flight-safety issue. While it is being fixed, the Starlink-equipped regional jets have been operating with the Wi-Fi turned off.
Zawya
02-06-2025
- Business
- Zawya
Ethiopian Airlines considering order for at least 20 regional jets, CEO says
Ethiopian Airlines is looking to order at least 20 regional or small narrowbody jets as it moves to expand its domestic fleet and replace some ageing aircraft, the airline's chief executive told Reuters on Monday. "We are evaluating three aircraft models, the E-2 from Embraer, the A220 from Airbus, and the 737 MAX 7 from Boeing," CEO Mesfin Tasew Bekele said in an interview. The final order quantity will depend on the type chosen, he added. Boeing's 737 MAX 7, which has a larger seating capacity and sits at the bottom of a larger category than the Airbus A220 and Embraer E-2, is yet to be certified. Africa's largest carrier is experiencing strong travel demand but has been constrained by jet delivery delays and the grounding of some aircraft due to engine shortages stemming from supply chain disruptions. "We are receiving airplanes from both Boeing and Airbus, but deliveries have been delayed, some by three months, some six months, some more," Bekele said on the sidelines of an annual IATA meeting of global airline leaders. The company is also in talks with lessors to bring onboard some jets to ease capacity constraints. The airline is among several facing grounded aircraft due to bottlenecks in engine maintenance plants. Ethiopian has three Boeing 787 widebody jets grounded due to a shortage of Rolls-Royce engines, with five turboprop aircraft grounded due to a shortage of RTX's Pratt & Whitney engines. "Normally engines were supposed to be repaired and returned in three months typically, but now it takes six months or even more to get them repaired and returned," Bekele said. (Reporting by Shivansh Tiwary in New Delhi. Editing by Jamie Freed and Mark Potter)
