Now firmly positioned into its second half-century of operations, Embraer has always battled with the dominance of other manufacturers but now claims a lead in the sub 150-seat market. On its 51st birthday, Key.Aero looks back at the airframer’s remarkable rise
Brazilian aircraft manufacturer, Embraer delivered five commercial aircraft in the first quarter of this year, a drop of more than half compared to the same period in 2019. The firm said its figures were “negatively impacted” following preparations for a collapsed joint-venture deal with Boeing.
In a bid to reduce its costs, Air Canada is accelerating the retirement of 79 older aircraft from its fleet including the Boeing 767, Airbus A319 and Embraer E190, with the latter exiting immediately. The decision comes as the flag carrier revealed a C$1bn (£599m) net loss for the first quarter, compared to a C$345m (£197m) profit for the same period last year.