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Embraer S.A. (NYSE: ERJ), the Brazilian aerospace conglomerate and a prominent player in the global Aerospace & Defense industry with a market capitalization of $7.61 billion, announced today that Japan’s ANA Holdings Inc. (TYO:9202) has placed a firm order for 15 E190-E2 aircraft, with options for an additional five. The deal marks the first order of Embraer’s next-generation E-Jets from a Japanese airline, with deliveries set to begin in 2028. The company’s stock has shown remarkable strength, delivering a 128% return over the past year, according to InvestingPro data.
Martyn Holmes, Embraer Commercial Aviation’s Chief Commercial Officer, expressed pride in the E190-E2 joining ANA’s fleet and anticipated the first delivery in 2028. Holmes highlighted the aircraft’s quiet, fuel-efficient performance and its cabin design, which eliminates middle seats, promising enhanced comfort for ANA’s passengers.
The E190-E2 is celebrated for its environmental efficiency, boasting a 25% reduction in carbon emissions and fuel burn compared to its predecessors. The aircraft is also capable of flying with up to 50% sustainable aviation fuel (SAF) and has been tested to operate with 100% SAF, aligning with Embraer’s commitment to sustainability and the aviation industry’s goal of net-zero emissions by 2050. This environmental focus complements the company’s solid financial health, with InvestingPro analysis showing strong revenue growth of 17% and healthy profitability metrics.
Embraer’s E-Jets have been serving Japan since 2009, supported by local personnel. ANA’s selection of the E190-E2 is expected to not only modernize its fleet but also bolster domestic connectivity. The aircraft’s spacious, quiet cabin, larger windows, and personal Passenger Service Units are designed to elevate the passenger experience.
The E-Jet program has been a commercial success for Embraer, with more than 1,800 units delivered to over 80 airlines in 50 countries. This new order from ANA Holdings reinforces Embraer’s position in the competitive aviation market and supports its vision for a sustainable future in air travel. With a net income of $477 million in the last twelve months and an overall "Good" financial health rating from InvestingPro, Embraer demonstrates strong market positioning. Investors can access detailed analysis and 8 additional ProTips about ERJ through InvestingPro’s comprehensive research reports, which provide deep-dive analysis of 1,400+ top stocks. The information for this article is based on a press release statement and InvestingPro data.
In other recent news, Embraer S.A. has announced a significant $7 billion agreement with Flexjet, marking the largest order in both companies’ histories. This deal includes a firm order for 182 aircraft, with options for 30 more, and features Embraer’s Praetor 600, Praetor 500, and the newly improved Phenom 300E models. Flexjet’s fleet is expected to nearly double over the next five years due to this agreement. Additionally, Embraer reported a 14% increase in aircraft deliveries in 2024, with a total of 206 aircraft delivered compared to 181 in 2023. This includes 73 new commercial aircraft and 130 executive jets, aligning with the company’s guidance for the year. In another development, the Uruguayan Air Force has confirmed an order for five A-29 Super Tucano aircraft from Embraer, expanding their operational capabilities. Embraer’s President & CEO, Michael Amalfitano, expressed enthusiasm about the continued partnership with Flexjet, highlighting the high performance of the Praetor jets in their fleet. Meanwhile, the Uruguayan Minister of National Defense emphasized the strategic importance of the new aircraft in enhancing national defense capabilities.
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