Embraer SA (ERJ) 銘柄情報

ERJ new 52 week high

ERJ new 52 hi

ERJ 10Q due 3/18

ERJ new 52 hi

ERJ 10Q due March 15

Less than 1 month until the EVE acquisition and the announcement doesn't move the share price a single dime? Strange.

Omicron is no friend to the airline industry.

Brazil's economy is struggling. Looking at strong inflation. Even though $ERJ does a majority of its business in USD, share price still getting beat down.

200-day MA in sight at $13.81ish. Big time buy point if it drops that low.

I think the UBS upgrade is the reason for today's bullish action.

Just the latest upgrade.

"UBS upgraded the previous rating of Neutral to Buy. In the third quarter, Embraer showed an EPS of $0.18, compared to $0.81 from the year-ago quarter. The current stock performance of Embraer shows a 52-week-high of $19.40 and a 52-week-low of $5.03. Moreover, at the end of the last trading period, the closing price was at $16.49."

https://www.benzinga.com/stock/erj/ratings

Why turboprops will be in the back!

Fun vid from Embraer.

Not sure this news will bump to $20 but it's coming.

https://finance.yahoo.com/news/embraer-embraer-delivers-nine-commercial-115400569.html


SÃO JOSÉ DOS CAMPOS, Brazil, Oct. 21, 2021 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: EMBR3) delivered a total of 30 jets in the third quarter of 2021, of which nine were commercial aircraft and 21 were executive jets (14 light and seven large). As of September 30, the firm order backlog totaled USD 16.8 billion.

During 3Q21, in the executive aviation segment, Embraer delivered its 1,500th business jet. The milestone aircraft was a Phenom 300E, the best-selling light jet for nine years in a row, which was delivered to Haute Aviation, a Swiss company focused on charter, brokerage, and aircraft management.

In the commercial aviation segment, Embraer announced the sale of 16 new E175 jets to SkyWest, Inc. for operation in the Delta Air Lines network, adding to the 71 E175 jets SkyWest already operates for Delta. The E175 aircraft will fly for Delta under a Capacity Purchase Agreement (CPA). The value of the contract, which is included in Embraer's third quarter backlog, is USD 798.4 million, based on list price.

In the Services & Support segment, Embraer signed several contracts during the quarter. Porter Airlines signed a major aftermarket support package with Embraer for Porter's E2 fleet of commercial aircraft, for up to 20 years. Embraer also signed a Pool Program agreement with CommutAir, a United Express carrier, to support the airline's ERJ 145 jet fleet, and an extension for Pool Program with Cobham, in Australia, to support its three E190s. Also, in Australia, Embraer signed a services agreement with Alliance Airlines, which will provide materials support for the carrier's fleet of E190s.

$19+ and another 52-week high.

And still has another billion in market cap upside before reaching a reasonable valuation. $3.5Bish market cap right now.

NetJets deal for 100 jets @ $1.2B.

New 52-week high and still undervalued. I think foreign stocks tend to have lower multipliers. I'm liking the gap-up in value.

SAO PAULO (Reuters) - Embraer has signed a deal valued at more than $1.2 billion to sell an additional 100 aircraft to NetJets, the Brazilian planemaker said on Monday, sending its shares higher.

https://finance.yahoo.com/news/brazils-embraer-sells-100-aircraft-155540182.html

Let's see if a new 52-week high is set today.

Another order of up to 100 VTOL's for Embraer's EVE unit. Up to 735 orders I believe. Might test that 52-week highway on Monday.

https://money.usnews.com/investing/news/articles/2021-10-03/embraers-eve-receives-brazil-order-for-up-to-100-vtols

$18.39 is the 52-week high. Strong buying at open. Let's see if it gets broached.

Lots of news today.

Goldman Sachs upgraded to "buy".

https://www.marketbeat.com/instant-alerts/nyse-erj-a-buy-or-sell-right-now-2021-09-2-3/


"SAO PAULO, Sept 23 (Reuters) - Brazilian planemaker Embraer SA said in a securities filing on Thursday that its subsidiary Eve has signed a memorandum of understanding with Bristow Group to sell up to 100 electric aircraft."

https://finance.yahoo.com/news/1-embraers-eve-sell-100-115607488.html

Embraer Better Positioned Than Most For Aviation Transformation

Seeking Alpha article via link below:

https://seekingalpha.com/article/4456193-embraer-better-positioned-for-aviation-transformation?utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated

Embraer’s Eve and Helipass partner to expand UAM operations in France and beyond.

Melbourne, Florida, September 20, 2021 – Eve Urban Air Mobility Solutions and Helipass, SAS, today announced a new collaboration to accelerate and deploy electrical vertical takeoff and landing (eVTOL) aircraft, also known in the market as EVA (Electrical Vertical Aircraft), across France and Europe. The partnership aims to fly Eve’s electric aircraft for a total of 50,000 flight hours per year. This could lead to an optional increase of 100,000 annual flight hours across Helipass’ network.

Helipass plans to open digital bookings on its platform to offer an innovative and seamless user experience to customers throughout its network. To support the expansion of this partnership, Eve will work with Helipass to develop training, on-site support, and technical publications to facilitate the launch of EVA commercial operations.

Following the commercial introduction of the EVA, which is planned for 2026, both companies will endeavor to launch Eve’s EVA aircraft across Helipass’ markets. These flights will include sightseeing, city and airport transfers, as well as a growing on-demand service.

“We are very happy about bringing Helipass to our family of partners, increasing the global reach of our solutions to the UAM market. Europe is not only ripe for new mobility solutions, but also very focused on ensuring a more sustainable future, which is very much in line with Eve’s vision,” said Andre Stein, President & CEO of Eve.

“This is a great step for Electric Air Mobility. We are very proud to open the way and democratize the air with Eve. This new aircraft will transform our sightseeing activity with less noise and zero-emission on all our destinations for sustainable flights. The airport transfer activity will also become sustainable and open to everybody as a real mobility solution. Helipass, the air mobility platform with 600 destinations and 120 helicopter operators is opening the way for a better future,” said Frederic Aguettant, CEO of Helipass.

Both parties will look into growing the service beyond this agreement to include additional use cases, as well as the requisite services needed to support the scalability of Urban Air Mobility (UAM) products in Helipass’ core markets.

$18.

Got some big buyers finally. Should touch $17 shortly.

Relatively ferocious sell-off despite all the good news.

Hard to see where support is. $13.50ish may be support. Anything in the high $12's screams buy.

All right day but given $ERJ is profitable again... should've been a bigger bounce. Still no love for this under-valued company.

No idea why this ticker doesn't get more love.

https://finance.yahoo.com/news/embraer-skywest-airlines-orders-16-220600458.html

20-Year Service Contract with Porter

https://embraer.com/global/en/news?slug=1206902-embraer-signs-major-services-and-support-agreement-with-porter-airlines


São José dos Campos, Brazil, August 5th, 2021 – After unveiling plans for a major expansion in North America with a firm order for 30 E195-E2 jets, with purchase rights for a further 50 aircraft, Porter Airlines has signed a major aftermarket support package contract with Embraer. The Total Support Program (TSP) agreement includes airframe heavy maintenance checks, technical solutions, and access to the Pool Program, which includes component exchanges and repair services for hundreds of reparable items for Porter’s E2 fleet of commercial aircraft, for up to 20 years. Currently, the Pool Program supports more than 50 airlines worldwide.

Exploding on no news? Something positive must be working it's way through the grapevine.

More color on Porter

Porter Airlines Order.

Embraer should get some positive pin action today.

United Airlines just made their largest purchase order ever: 270 planes. Big bets being made on the future of airline travel right now.

https://www.cnn.com/2021/06/29/business/united-record-jet-order/index.html

Embraer has been publishing lots of vids lately. Below is one on the new E195-E2 and its improved performance stats. Delivered to the Swiss.

Use Cases for EVE

Qantas apparently likes their Embraer planes.

Not sure what a "wet-lease" is but I'm pretty sure it means they aren't buying them from Embraer directly. So maybe their wet-lessor will order some more planes from Embraer in the future but no mention of this in the article.

https://simpleflying.com/qantas-ups-domestic-fleet/

The rally has petered out for now. My options are getting killed, too.

Of course, it's nice to see this headline after I've been here for a couple months already. The vindication!

Another new 52-week high.

Over $3B market cap again. Boeing's buyout offer, which they breached and owe $$$ for, was $4.2B.

It'll take time but I think $4B is coming again. $$$ from Boeing is still to come and EVE looks like it's just about to get off the ground.

EVE is garnering pretty good geographic coverage.

Ascent seems geared toward Southeast Asia.
Helisul (50 eVTOLs order) is geared toward Brazil.
HALO (200 eVTOLs order) is geared toward London, NYC, and Northeast USA.

Partnership with Ascent

https://eveairmobility.com/eve-urban-air-mobility-announces-partnership-with-ascent/

Eve Urban Air Mobility announces partnership with Ascent

Melbourne, Florida, June 10, 2021 – Eve Urban Air Mobility Solutions, Inc. (Eve) and Ascent today announced a partnership focused on accelerating the development of the Urban Air Mobility ecosystem in Asia-Pacific markets. The partnership will advance the entry of Eve’s electric vertical takeoff and landing vehicle (eVTOL) aircraft into Ascent’s growing technology platform that allows users to book charter flights as well as flights by the seat and orchestrate UAM operations seamlessly.

The partnership aims at enabling the progressive entry of Eve’s eVTOLs throughout the region dedicated to air taxi, cargo and air medical services. Ascent currently includes a data base of air operator partners that are dedicated to UAM operations, throughout Thailand and the Philippines, and is set to expand its presence in the region. Additionally, the parties expect that Eve´s Urban Air Traffic Management (UATM) services will be fully integrated into Ascent technology to ensure secure and scalable operations.

“This partnership with Eve is a leap forward for Ascent toward achieving our ambition to democratize sustainable urban air mobility. Joining forces with Eve, and by extension counting with the active support from the Embraer Group, will enable us to accelerate our development for a larger impact, secure the entry of market-fit all-electric aircraft, and provide safe and secure operations at scale thanks to urban air traffic management integration,” said Lionel Sinai-Sinelnikoff, Founder & CEO of Ascent.

“We are pleased to announce this partnership with Ascent as it aligns with our strategy to develop the urban air mobility ecosystem through collaborative efforts and to be a truly global player. Armed with Ascent’s data and platform, we will be well-positioned to enter into the Asia Pacific market. On our end, we are committed to supporting Ascent’s growth and its ambition to democratize air mobility,” said Andre Stein, President & CEO of Eve Urban Air Mobility.”

Ascent, Asia’s first technology-powered UAM service, was designed to make cities more connected by moving people seamlessly and affordably by air—using helicopters today and eVTOLs in the future. With Ascent’s first-hand data and growing footprint, Eve will enhance its dedicated solutions accordingly to ensure the best aircraft to deploy and bring to market for Ascent air operator partners.

With the new partnership, the companies will establish a proof of concept to demonstrate the extent of Ascent’s platform and market penetration while offering increased accessibility to a broader segment of the Asia Pacific region. Ascent will then facilitate the entry into the market of Eve dedicated solutions.

Benefitting from a startup mindset and backed by Embraer’s more than 50-year history of aircraft manufacturing and certification expertise, Eve unveils a unique value proposition by positioning itself as an ecosystem partner by offering a suite of products and services. Eve’s human-centered, eVTOL design represents a simple and intuitive design that continues to reach development milestones, including the first flight of the engineering simulator in July 2020 and proof of concept in October 2020. In addition to the aircraft program, Eve is harnessing the expertise of both Embraer and Atech, a subsidiary of the Embraer Group, in providing globally recognized air traffic management software to create the solutions that will help safely

About Eve Urban Air Mobility Solutions (Eve)

Eve is a new, independent company dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a startup mindset, backed by Embraer’s more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced electric vertical takeoff and landing vehicle (eVTOL) project, a comprehensive global services and support network, and a unique air traffic management solution. Eve is the first company to graduate from EmbraerX. For more information, visit www.eveairmobility.com.

About Ascent

Ascent is a Singapore based start-up powering Air Mobility in Asia. Technology and experience driven, Ascent is an Air Mobility holistic integrator, that entrenches ecosystems and runs operations such as air taxi, touristic, cargo and medical services, within urban areas and across regions. Ascent ambitions to democratize Air Mobility, as a convenient, reliable and sustainable mode of mobility that addresses congestion, connectivity, environmental sustainability and health issues generated by rapid urbanization and the pandemic. Ascent is operational in the Philippines, and in Thailand. Awaiting for eVTOLs, Ascent makes use of helicopters and planes today. For more information, visit www.ascent.flights. Media contact: media@ascent.flights

Bezinga!

BofA raises price target from $8 to $20 after the stock had already gone from $4 to $12. Nice job Captain Obvious. That said, they are the 1st of what I assume will be many...

$16.31 in pre-market. Appears yesterday's "muted" run continues...

Motley Fool article about EVE.

https://www.fool.com/investing/2021/06/10/why-embraer-is-up-big-this-week/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

What happened
Shares of Brazilian aerospace manufacturer Embraer (NYSE:ERJ) were up 14% for the week as of Thursday afternoon on talk the company was near a deal to merge its air taxi business with a special purpose acquisition company (SPAC).

So what
Investors have been waiting for Embraer's next move for more than a year now following an April 2020 decision by Boeing to walk away from a $4 billion deal to take control of Embraer's commercial operations. Embraer's commercial aerospace operation has some good products, but the company's diminutive size has made competing against titans like Boeing and Airbus difficult, and the proposed deal looked like a good option to solve a lot of what ailed Embraer.

The company continues to consider options for various businesses, and it appears it might have found a partner for its Eve Urban Air Mobility operation. Bloomberg reported late Wednesday that Embraer was in talks to merge Eve into Zanite Acquisition, a SPAC, in a deal that could value the combination at about $2 billion.

Embraer confirmed talks were ongoing.

Eve is developing an electric vertical takeoff and landing aircraft, a class of aircraft that somewhat resembles a blend between an automobile and helicopter. Last week, the unit crossed a major milestone, announcing an order of 200 of its aircraft by Halo Aviation, with deliveries scheduled to begin in 2026.

If Eve merges with Zanite, it would follow in the footsteps of Joby Aviation, a rival flying taxi start-up with a pending deal to merge with SPAC Reinvent Technology Partners.

Now what
Embraer shares have staged an impressive rally from their 2020 lows when the stock was down more than 75% on the fallout from the pandemic and Boeing's decision to walk away. But even after the recent run-up, the stock is still trading 20% below where it was at the beginning of 2020.

It will be interesting to see how the potential deal with Zanite is structured and how much, if any, exposure to the potential upside Embraer keeps as part of an agreement. The company's core commercial aerospace business -- its line of small, fuel-efficient passenger aircraft -- could still use a partner to help boost international sales. But investors this week were excited by the opportunity to find a partner for Eve.

**BONUS VIDEO**


C-390 Millennium Program

$ERJ Has been a force to be reckoned with oh my..

It's early so this is premature. $2B deal for EVE sub, which HALO has a portion of, say, 50%. $2B becomes $1B for Embraer. $ERJ gets an early $300M bump on the news, which indicates the market believe there is only a 30% of this deal being consummated? Perhaps this news leak is designed to put pressure on Boeing for backing out of their $4.2B deal last year, which they still owe $$$ to Embraer for not consummating that buyout.

Embraer Launches an Electric Airplane Business

Brazilian airplane manufacturer Embraer (NYSE:ERJ) shook up the air travel industry this morning by announcing it has formed an independent company called Eve Urban Air Mobility Solutions. The company said Eve will develop electric vertical takeoff and landing (eVTOL) aircraft for use as air taxis, and that it's already found a buyer for 200 of them.

On Tuesday, Embraer and Halo -- a provider of helicopter travel services in the United States and the United Kingdom -- agreed to form a partnership. Eve will produce the eVTOL air taxis, Halo will acquire and operate 200 of them, and the two companies will collaborate on continued development of Eve's Urban Air Traffic Management system as well as fleet operations.

Halo will thus become the first customer for Eve's new product, with deliveries expected to begin by 2026. Halo will operate 100 of the electric aircraft in the U.S., and another 100 in the U.K.

The companies added that Halo is the brand name of the service, a joint effort by Halo Aviation in Britain and Associated Aircraft Group in the U.S. According to data from S&P Global Market Intelligence, both helicopter-transportation companies are private, and both share privately owned OneSky Network as their parent company.

According to all companies involved, creation of this partnership will make Eve -- and by extension Embraer -- a global leader in eVTOL aircraft.

https://www.fool.com/investing/2021/06/01/embraer-launches-an-electric-airplane-business/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

Not sure why share price isn't blasting off.

Entire company had $2.5B valuation yesterday. Today, news breaks on EVE (part of the whole) and potential $2B SPAC merger. Must be something hinky hidden in this news nugget? Perhaps $2B is over-stated or misleading? I suppose HALO gets a significant vig in all this. Probably half. But still, $1B for the newly formed arm of Embraer and the "whole" still has a value under $3B when only yesterday it was $2.5B?

SPAC merger!!! Yes!!

https://www.thestreet.com/boardroomalpha/spac/spacs-back-nextnav-tmts




Terms of the deal could change and as with all transactions that aren’t finalized, talks could fall apart. Zanite declined to comment, and an Embraer representative didn’t immediately have a comment.

Zanite is led by co-Chief Executive Officers Kenn Ricci, co-owner of Directional Aviation Capital, which controls private-jet flight provider Flexjet, and Steve Rosen, co-founder of private equity firm Resilience Capital Partners. The Cleveland-based SPAC raised $230 million in a November initial public offering.

Embraer’s American depositary receipts surged 5.7% to $14.41 in early trading at 8:58 a.m. in New York.

Ricci, the founder of several private-jet companies, bought Flexjet from transportation firm Bombardier Inc. in 2013. The company sells partial ownerships in its fleet of business aircraft, enabling members to fly privately without having to buy planes outright, and competes against NetJets, owned by Berkshire Hathaway Inc.

Eve Urban Air Mobility makes eVTOLs, which have been dubbed flying taxis. Led by CEO Andre Stein, the company this week struck a partnership with Helisul Aviation, a Brazilian helicopter operator, that involves an order of as many as 50 eVTOLs, with deliveries slated to begin in 2026.

“Disruptive urban air mobility solutions can bring same type of benefits that aviation already brought to longer trips literally closer to people, giving urban commuters more options to move around the city,” Stein said in a statement announcing the partnership.

Last week, Eve said it struck a partnership with Halo Aviation Ltd., a helicopter travel provider in the U.S. and U.K., which features an order for 200 of Eve’s eVTOL aircraft with delivery commencing in 2026. Halo is part of Ricci’s Directional Aviation.

Other eVTOL companies including Joby Aviation, Lilium GmbH and Archer Aviation Inc. have agreed to go public through SPAC mergers.

Blade Air Mobility Inc., a provider of short-distance flights, went public last month after merging with a SPAC. The company, which has ordered eVTOLs, has said it intends to transition to electric vertical aircraft from conventional helicopters, citing a reduced carbon footprint, less noise and lower operating costs.

Another 52-week high again.

Reflation plays in the US are at a later stage. Reflation plays in Europe, India, and South America are just starting.

One more positive presser, come on $ITUP, and $15 will be breached, putting my first tranche of July Calls in the money. $20 seems a big stretch still.

Not much bump from the new initial order of up to 50 eVTOLs.

The E190-E2, the first of Embraer’s E2 family, has been certified for Steep Approach; a requirement to operate out of busy metros such as London City Airport (LCY). More technical details below:

I bought my July calls (speaking of $20 calls here) at a 52-week high in early May. They went positive for the first time today. Does someone know big news is coming or just the general flow of the tide?

$14.25ish range in pre-market. After a long weekend, lots of stock appear poised to pop. $ERJ looks especially so.

I'm feeling real good about my July calls at $15. $20 is going to need help though. An order for 200 of these won't hurt.