Embraer heads into the Farnborough Airshow next month riding tail winds that have lifted its shares to an all-time high, as recent orders show the Brazilian ...
SAO JOSE DOS CAMPOS, Brazil - Embraer heads into the Farnborough Airshow next month riding tail winds that have lifted its shares to an all-time high, as recent orders show the Brazilian planemaker ready to fill a gap for airlines starved for new planes in coming years.
Embraer last year revealed only 13 orders for commercial jets at the Paris Airshow, falling short of market estimates and previous years. But carriers are struggling increasingly with an aircraft shortage constraining their capacity, which has presented new opportunities for the Brazilian company. The move may also give the E2 family an extra push in North America. The smaller, first-generation E1 jets are the backbone of regional aviation in the U.S., but Embraer hopes to break into that key market with its E195-E2 "small narrowbody".
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