logo
Airbus, Embraer unveil freighter orders at Paris Air Show

Airbus, Embraer unveil freighter orders at Paris Air Show

Yahoo18-06-2025
Freighter aircraft took the stage at the Paris Air Show on Wednesday, with Airbus receiving an order for two next-generation A350s from Turkey-based MNG Airlines and Embraer announcing the launch customer for its new E190 regional converted freighter.
The MNG order expands Airbus' lead over Boeing in the large next-generation freighter category. Customers have agreed to purchase 75 A350 freighters since sales began earlier this decade. Boeing has about 55 orders for the freighter variant of its new 777-X.
On Monday, Saudi Arabia-based startup lessor AviLease agreed to buy 10 A350 cargo jets. The large widebody aircraft is still undergoing final development and testing, with the first production model now slated for delivery in late 2027.
MNG Airlines provides scheduled and charter service to Asia, Europe, and North and Central America, on an outsourced basis for express delivery and general freight customers, including e-commerce shippers. In March, it took delivery of a third A330-300 aircraft that was retrofitted from passenger to cargo configuration. It also operates two A300-600s, two A330-200s and two A321 converted freighters.The A350 cargo jet is designed to carry up to 122 U.S. tons with a range of 5,400 miles. Airbus says it will offer up to a 40% reduction in fuel consumption and CO2 emissions compared to previous generation freighters, thanks in large measure to the use of lightweight composite materials.
Meanwhile, Brazilian manufacturer Embraer (NYSE: ERJ) announced that Malta-based Bridges Air Cargo, will be the launch operator for its E190 passenger-to-freighter aircraft. Bridges is part of UK-based Bridges Worldwide, which provides regional airlift for DHL Express, FedEx and UPS in Europe as well freight forwarding services.
Bridges Air Cargo started flying in late 2023 and currently pays another airline to operate a single ATR 72 turboprop on its behalf. It will lease two E190 aircraft from Regional One, a South Florida-based aircraft trader, which doubled its order to four aircraft during the airshow. Bridges plans to begin E190 operations in the third quarter.
The E190 is a small narrowbody jet that slots between the standard Boeing 737 family of converted freighters and large turboprop aircraft. Embraer is pitching the plane as well-suited for e-commerce transport because it is sized to shuttle back and forth between hubs and secondary and tertiary markets and is more efficient than older aircraft. It has a main-deck payload of 23,600 pounds. It's unclear to what extent operators will use underfloor capacity.Embraer says its E-Jets will have 40% per volume capacity and three times the range of large turboprop freighters, and up to 30% lower operating costs than larger narrowbody jets. The company's conversion design has been approved by civil aviation authorities in Europe, the U.S. and Brazil.
'The size of the aircraft fills a unique and underserved space in the cargo segment. The jet also strengthens our operational capabilities and paves the way for the development of promising new routes. We are excited to partner with Embraer and Regional One, which is a fundamental step forward for regional air cargo transportation,' said Guy Bridges, CEO of Bridges Air Cargo.
Bridges Worldwide is expanding its footprint into Africa, the Gulf, Indian subcontinent and Asia.
Click here for more FreightWaves/American Shipper stories by Eric Kulisch.
Saudi Arabia-based leasing company to buy 10 Airbus A350 freighters
Air France-KLM trims Airbus order for A350 freighters
The post Airbus, Embraer unveil freighter orders at Paris Air Show appeared first on FreightWaves.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oculis Holding AG (OCS) Reports Q2 Loss, Beats Revenue Estimates
Oculis Holding AG (OCS) Reports Q2 Loss, Beats Revenue Estimates

Yahoo

time38 minutes ago

  • Yahoo

Oculis Holding AG (OCS) Reports Q2 Loss, Beats Revenue Estimates

Oculis Holding AG (OCS) came out with a quarterly loss of $0.59 per share versus the Zacks Consensus Estimate of a loss of $0.53. This compares to a loss of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.32%. A quarter ago, it was expected that this company would post a loss of $0.51 per share when it actually produced a loss of $0.77, delivering a surprise of -50.98%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Oculis Holding AG, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $0.32 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 28.54%. This compares to year-ago revenues of $0.27 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Oculis Holding AG shares have added about 3.2% since the beginning of the year versus the S&P 500's gain of 8.7%. What's Next for Oculis Holding AG? While Oculis Holding AG has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Oculis Holding AG was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.54 on $0.25 million in revenues for the coming quarter and -$2.44 on $0.82 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Biomedical and Genetics is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Phibro Animal Health (PAHC), another stock in the broader Zacks Medical sector, has yet to report results for the quarter ended June 2025. The results are expected to be released on August 27. This maker of animal health products and nutritional supplements is expected to post quarterly earnings of $0.52 per share in its upcoming report, which represents a year-over-year change of +26.8%. The consensus EPS estimate for the quarter has been revised 1% higher over the last 30 days to the current level. Phibro Animal Health's revenues are expected to be $361.15 million, up 32.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oculis Holding AG (OCS) : Free Stock Analysis Report Phibro Animal Health Corporation (PAHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Florian Wirtz bats away price-tag questions following Anfield debut
Florian Wirtz bats away price-tag questions following Anfield debut

Yahoo

time42 minutes ago

  • Yahoo

Florian Wirtz bats away price-tag questions following Anfield debut

Liverpool's marquee summer signing Florian Wirtz has insisted that his record-breaking price tag will not affect his performances as he prepares for his debut Premier League season. The 22-year-old German attacking midfielder could become the most expensive player in British football history, with the total cost of his transfer from Bayer Leverkusen potentially rising to £116 million if all add-ons are triggered. Despite the scrutiny that comes with such a fee, Wirtz remains calm and focused. Speaking to reporters after Liverpool's pre-season friendly against Athletic Club, the former Bundesliga star made it clear that the financial side of the move is not something that concerns him. 'I just want to play football and how much money the clubs pay between each other, it doesn't matter,' said Wirtz. 'I came because I thought I could fit in this team and I am enjoying staying with these players. I am a player who needs freedom on the pitch and the manager gives it to me.' Wirtz also spoke about his role in the team and how he hopes to contribute in the final third, adding: 'I will try to find the right places to be and the right spaces to get on the ball and to be dangerous and create chances.' Having spent his entire professional career in Germany until now, Wirtz admitted that moving to England has been a significant step, but one he is embracing. He praised the support of his new team-mates, many of whom are also recent arrivals, saying that having others to share the transition with has made settling in easier. 'They tell me it's more intense and more physical and that every player is really strong, really fast,' he said of the Premier League. 'I am really looking forward to play there and experience some differences to Germany, but I think there is also something I can learn that will make me better.' Wirtz added that he is already looking ahead to the team's title defence, knowing the difficulty of repeating such success. 'The big challenge is to win the title again and it is the most difficult thing to do,' he said. 'I will just try to create chances and work hard off the ball and run a lot to help make the team better.' As the season approaches, all eyes will be on Wirtz to see whether he can match the hype and deliver in one of the world's most competitive leagues. If his attitude and early performances are any indication, Liverpool fans may have good reason to be optimistic. 📸 Carl Recine - 2025 Getty Images

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store