|Bid||0.00 x 3000|
|Ask||0.00 x 3000|
|Day's range||25.06 - 26.06|
|52-week range||17.90 - 28.55|
|PE ratio (TTM)||30.58|
|Forward dividend & yield||0.31 (1.20%)|
|1y target est||25.27|
The head of Boeing (Swiss: BA-USD.SW - news) jetliner sales said on Wednesday he was confident a possible new mid-market jet with the potential to carve out new routes would be ready to enter service in 2025, but stressed the planemaker would not be rushed into a decision. Boeing is studying plans for what industry sources describe as a hybrid jet combining a wide cabin and a restricted cargo space, moulded to fly efficiently in a space between the industry's single-aisle jets and wide-body long-haul aircraft. Ihssane Mounir, senior vice-president for commercial sales and marketing at Boeing, told French journalists Boeing would "protect" the targeted 2025 date for entry into service, which some analysts see as ideally suited to planned replacement cycles.
Airbus is set to become the majority owner of the CSeries aircraft program in just two weeks, so it's time for Boeing and Embraer to finalize the commercial jet joint venture they've been discussing.
Engine problems at Britain's Rolls-Royce have rattled the aviation industry but have not slowed sales of the Boeing 787 Dreamliner, Boeing Co's commercial sales chief said. "I haven’t seen any slowdown in sales right now.
Embraer SA jumped the most in two months as its proposed commercial-jet venture with Boeing Co. cleared a major hurdle. Brazilian President Michel Temer has endorsed the partnership in principle, said a person familiar with the discussions, a crucial step since the Brazilian government has veto power over any Embraer tie-up. Boeing and Embraer are getting closer to a pact that would forge the second global alliance between major airplane manufacturers.
Boeing is facing a new threat from Airbus, which firmed up plans to produce the controversial C Series jet in the U.S.
Viasat (VSAT) continues to close in-flight connectivity deals. It will provide Ka-band connection services to Embraer's Legacy 450 and Legacy 500 type executive jets.
Boeing appeared closer to taking control of Embraer's commercial jet business, after Brazil's defense minister signaled that worries about the military unit have been resolved.
The Brazilian government is “optimistic” about a deal between Boeing Co. and Embraer SA and initial concerns about the potential military impact have been overcome, the country’s defense chief said. Defense Minister Joaquim Silva e Luna said he’s hopeful that talks between the two companies will wrap up by the end of the year, when the term of the current government expires. “All of us, Boeing and Embraer too, are optimistic,” he said in an interview in his office in Brasilia.
Boeing's proposed acquisition of a majority stake in Embraer's commercial aviation business is being held up by some thorny issues, but it is still likely to be finalized within the next few quarters.
The tricky work of divvying up the three business segments of Brazilian planemaker Embraer SA (EMBR3.SA) has been delaying an agreement to combine operations with Boeing Co (BA.N), three people with knowledge of the matter said this week. The two planemakers announced last month that they were in talks to set up a new company focused on commercial aviation, excluding Embraer's defence division and possibly its business jet unit. The companies have won the support of Brazil's government for such a deal, but the manoeuvre has created other headaches, according to the sources, who spoke to Reuters anonymously due to the sensitivity of talks.
The tricky work of divvying up the three business segments of Brazilian planemaker Embraer SA (EMBR3.SA) has been delaying an agreement to combine operations with Boeing Co (BA.N), three people with knowledge of the matter said this week. The two planemakers announced last month that they were in talks to set up a new company focused on commercial aviation, excluding Embraer's defense division and possibly its business jet unit. The companies have won the support of Brazil's government for such a deal, but the maneuver has created other headaches, according to the sources, who spoke to Reuters anonymously due to the sensitivity of talks.
Alaska Airlines restructured its orders with Boeing, Airbus, and Embraer during the first quarter as it moves to rein in growth and capital spending.
RIO DE JANEIRO (Reuters) - Brazil's Defence Minister Joaquim Silva e Luna said on Tuesday he is "certain" that planemaker Embraer (EMBR3.SA) will complete a deal for a tie-up with Boeing Co (BA.N) ...
Embraer may agree to sell 80% of its commercial aviation business to Boeing within the next few months. That could drive big gains for Embraer stock.
Huntington Ingalls' (HII) first-quarter revenues came in at $1.87 billion, which surpassed the Zacks Consensus Estimate of $2.01 billion by 6.2%.
RIO DE JANEIRO (Reuters) - A deal inked by Embraer (EMBR3.SA) to deliver 15 E175 aircraft to American Airlines (AAL.O) is worth $705 million (519 million pounds) at list prices, the Brazilian plane maker ...
The Sao Paulo-based company said it had a loss of 7 cents per share. Losses, adjusted for pretax gains, were 13 cents per share. The results missed Wall Street expectations. The average estimate of four ...
Late last week, we learned that Boeing (BA) and Brazil's Embraer (ERJ) were closing in on a deal that would see the creation of a new company, to be controlled in partnership by Boeing and Embraer in a roughly 80%/20% split. Don't consider it Boeing's version of the Airbus (EADSY)-Bombardier deal, however, says Melius Research's Carter Copeland. The Airbus-Bombardier deal was essentially Airbus "“collecting free money" as it lent its name and expertise (but no money) to the Canadian firm to reassure investors that Bombardier wouldn't collapse, Copeland explains. By contrast, the Boeing-Embraer deal is much different--starting with the fact that Boeing certainly won't be collecting any free money.
Over the last five trading sessions, a stellar performance of the major defense biggies as well as a generous flow of funds from the Pentagon helped the major indices of the Aerospace-Defense industry to end in the green.
Spirit Airlines appears to be seriously considering adding CSeries jets or Embraer E2-series jets to its fleet -- which raises the question of why the carrier just made a long-term commitment to its A319 fleet.