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AIRBUS SE

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Real-time Euronext Paris  -  11:36 2022-06-30 am EDT
92.45 EUR   +0.26%
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Embraer in India partnership talks on potential new turboprop

05/10/2022 | 09:08am EDT
FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company's headquarters in Sao Jose dos Campos

DUBLIN (Reuters) - Brazil's Embraer is in talks with potential partners including in India over proposals for a new turboprop aircraft, which it could launch in the middle of 2023 if it decides to go ahead, the planemaker's commercial chief said on Tuesday.

Embraer is also in detailed talks with engine makers about the proposed new regional airplane, which would seek to penetrate a market dominated by Franco-Italian ATR, Embraer Commercial Aviation Chief Executive Arjan Meijer told Reuters at the Airline Economics conference.

(Reporting by Tim Hepher, Editing by Conor Humphries)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 0.26% 92.45 Real-time Quote.-17.93%
EMBRAER S.A. -3.13% 11.44 Delayed Quote.-51.29%
LEONARDO S.P.A. -0.66% 9.678 Delayed Quote.54.63%
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Sales 2022 60 254 M 62 988 M 62 988 M
Net income 2022 4 184 M 4 374 M 4 374 M
Net cash 2022 8 380 M 8 760 M 8 760 M
P/E ratio 2022 17,4x
Yield 2022 1,99%
Capitalization 72 791 M 76 093 M 76 093 M
EV / Sales 2022 1,07x
EV / Sales 2023 0,86x
Nbr of Employees 127 120
Free-Float 74,0%
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Number of Analysts 19
Last Close Price 92,45 €
Average target price 147,82 €
Spread / Average Target 59,9%
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Managers and Directors
Guillaume Faury Chief Executive Officer & Director
Dominik Asam Chief Financial Officer
René Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
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