Embraer Scraps Plan To Develop Commercial Turboprop Aircraft
Embraer has put on hold indefinitely plans to develop a new commercial turboprop aircraft, arguing that now is a bad time to be embarking on a new aircraft program and the company lacks the money to do so. “I am…
Analysis: Why The Aborted Deal With Boeing May Be Good For Embraer
The aborted tie-up between Boeing and Embraer commercial aircraft is being portrayed by some in the news media as a major set-back for Embraer. But actually, it may not be all that bad for Embraer. Boeing was going to acquire…
Boeing-Embraer Commercial Aircraft Deal Ends Bitterly
Boeing’s decision to withdraw from a deal to acquire Embraer commercial aircraft has left the Brazilian manufacturer bitter as the takeover price far outstrips Embraer’s current market capitalization, which slumped amidst the COVID-19 pandemic. Embraer says Boeing wrongfully terminated the…
Regional Aircraft Makers Pause Production
Regional aircraft manufacturers are pausing assembly lines worldwide, citing the need to contain the virus spread on their premises as well as in response to the sudden downturn in the airline industry. Airlines around the world have been grounding aircraft,…
India’s Star Air Growing Embraer ERJ Fleet
Star Air, an Indian start-up based in Bangalore and owned by the Sanjay Ghodawat conglomerate, is growing its Embraer ERJ-145 fleet as it has clinched several domestic routes under India’s UDAN regional connectivity scheme. Simran Singh, the CEO of Star…
Analysis: Buying The CRJ Program Fails To Solve Mitsubishi’s Problem
Bombardier’s decision to exit the commercial aircraft business by selling the CRJ program to Mitsubishi Heavy Industries, leaves the regional jet market open now to three main players: Boeing-Embraer with the E-Jet E2, Airbus with the A220 and Mitsubishi with…
