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

BOMBARDIER, INC. (BBD.B)
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Bombardier : Brazil's Embraer launches fourth E190-E2 jet prototype

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

BRASILIA (Reuters) - 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.

BRASILIA (Reuters) - 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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ChangeLast1st jan.
EMBRAER 0.00% 22.37 End-of-day quote.12.35%
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Financials ($)
Sales 2018 17 617 M
EBIT 2018 875 M
Net income 2018 147 M
Debt 2018 6 408 M
Yield 2018 0,44%
P/E ratio 2018 50,52
P/E ratio 2019 19,09
EV / Sales 2018 0,75x
EV / Sales 2019 0,63x
Capitalization 6 813 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 3,39 $
Spread / Average Target 12%
EPS Revisions
Managers
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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