Embraer SA (EMBR3.SA)
R$ -0.49 (-3.33%)
|Market Cap(Mil.):||R$ 10,829.18|
SAO PAULO, Sept 26 Brazilian planemaker Embraer SA confirmed on Monday that it would cut nearly 8 percent of its workforce through a voluntary buyout program, slashing costs amid weak business jet sales and downsized defense contracts.
SAO PAULO, Sept 6 Brazilian planemaker Embraer SA said it has not been affected by delayed deliveries of Pratt & Whitney engines, which led Bombardier Inc to cut its 2016 delivery forecast for the CSeries aircraft on Tuesday.
BRASILIA, Sept 2 Brazilian planemaker Embraer SA signed an agreement with Chinese Colorful Guizhou Airlines, with two firm orders and three purchase rights for five E190s for a total $249 million at the current list price, Embraer said in a statement. (Reporting by Silvio Cascione)
* Brazil's new president arrives in China for G20 (Adds details of deals)
SAO PAULO, Aug 10 Shareholders filed a class action lawsuit against Brazil's Embraer SA in New York, alleging that actions by management at the world third-largest commercial planemaker inflated the company's stock price for a four-year period.
SAO PAULO, Aug 10 A class action suit has been filed against Brazil's Embraer SA in New York, seeking damages for shareholders, the world third-largest commercial planemaker said in a securities filing on Wednesday.
SAO PAULO, Aug 9 Shares in Embraer SA, the world's No. 3 commercial aircraft producer, fell on Tuesday after management launched a plan to reduce its workforce in Brazil and cut costs.
SAO PAULO, Aug 8 Brazilian planemaker Embraer SA will launch a voluntary redundancy plan to reduce workforce in Brazil and cut costs, a company spokesman said on Monday, confirming information released earlier by a local metal workers union.
* CPI Aero has received a binding go ahead notice for first shipset to be delivered to Embraer during q1 of 2017 Source text for Eikon: Further company coverage:
SAO PAULO, July 29 Embraer SA followed some competitors' move to offer discounts on certain business jets, but the Brazilian planemaker is now focused on maintaining pricing discipline, said Chief Executive Paulo Cesar Silva on a Friday earnings call. (Reporting by Brad Haynes)
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