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ERJ Jan 2025 22.500 put
| Previous close | 1.8000 |
| Open | 1.8000 |
| Bid | 2.0500 |
| Ask | 2.2000 |
| Strike | 22.50 |
| Expiry date | 2025-01-17 |
| Day's range | 1.8000 - 1.8000 |
| Contract range | N/A |
| Volume | |
| Open interest | 16 |
- Reuters
UPDATE 2-Embraer reports smaller quarterly loss, reaffirms 2024 outlook
Brazilian planemaker Embraer reported a smaller adjusted net loss for the first quarter on Tuesday, helped by a surge in aircraft deliveries, and reaffirmed its outlook for the full year. The world's third-largest planemaker after Airbus and Boeing said in a securities filing its quarterly adjusted net loss stood at $12.8 million, less than the $88.9 million loss it posted a year earlier. The improved results came in as Embraer delivered a total 25 jets in the period, 67% more than a year ago, leading its net revenues to jump 25% to $897 million in a period in which deliveries are seasonally weaker.
ReutersEmbraer reports smaller quarterly loss, reaffirms 2024 outlook
SAO PAULO (Reuters) -Brazilian planemaker Embraer reported a smaller adjusted net loss for the first quarter on Tuesday, helped by a surge in aircraft deliveries, and reaffirmed its outlook for the full year. The world's third-largest planemaker after Airbus and Boeing said in a securities filing its quarterly adjusted net loss stood at $12.8 million, less than the $88.9 million loss it posted a year earlier. The improved results came in as Embraer delivered a total 25 jets in the period, 67% more than a year ago, leading its net revenues to jump 25% to $897 million in a period in which deliveries are seasonally weaker.
FortuneBoeing’s weakness has a lesser known plane maker from Brazil gearing up to compete, and American Airlines’ CEO is a fan
“Therefore, we have no doubt Embraer could develop an excellent jet to compete in the same class as the 737 Max and the A320neo, on budget, on time and at a fraction of the cost of the other OEMs."
