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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Bombardier, Inc.    BBD.B   CA0977512007

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Bombardier : Brazil's Embraer launches fourth E190-E2 jet prototype

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03/20/2017 | 01:12pm CEST
Brazilian aircraft maker Embraer's CEO Curado salutes workers next to an new Embraer E190-E2  during its unveil in Sao Jose dos Campos

Brazil's Embraer SA (>> Embraer SA), the world's third-largest commercial planemaker, on Monday announced the launch of a fourth prototype of a next-generation narrow-body jet slated to enter service in 2018.

Brazil's Embraer SA (>> Embraer SA), the world's third-largest commercial planemaker, on Monday announced the launch of a fourth prototype of a next-generation narrow-body jet slated to enter service in 2018.

The E190-E2 is the first aircraft in Embraer's regional E-Jet lineup with new engines and wings aimed at improving fuel efficiency by at least 16 percent. Embraer said the four prototypes have already recorded over 650 flight hours.

Embraer is also expanding the size and range of its largest commercial jet, the E195, whose next generation enters service in 2019, posing a direct challenge to the new C Series produced by rival Bombardier Inc (>> Bombardier, Inc.).

(Reporting by Silvio Cascione; Editing by Bernadette Baum)

Stocks treated in this article : Bombardier, Inc., Embraer SA
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Financials ($)
Sales 2017 16 672 M
EBIT 2017 590 M
Net income 2017 -163 M
Debt 2017 6 335 M
Yield 2017 0,07%
P/E ratio 2017 -
P/E ratio 2018 28,09
EV / Sales 2017 0,62x
EV / Sales 2018 0,56x
Capitalization 4 074 M
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Number of Analysts 21
Average target price 2,07 $
Spread / Average Target 15%
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NameTitle
Alain M. Bellemare President, Chief Executive Officer & Director
Pierre Beaudoin Executive Chairman
John Di Bert Chief Financial Officer & Senior Vice President
François Caza Chief Engineer & VP-Product Development-Aerospace
Ernest Jeffrey Hutchinson Chief Information Officer
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