Latest news with #Embraer
Arabian Post
3 hours ago
- Business
- Arabian Post
Ethiopian Airlines Eyes Fleet Expansion with Regional Jet Acquisition
Ethiopian Airlines is evaluating the procurement of 20 to 30 regional or small narrowbody jets to enhance its domestic operations and replace ageing aircraft, according to Chief Executive Officer Mesfin Tasew Bekele. The airline is considering three aircraft models: Embraer's E-2 series, Airbus's A220, and Boeing's 737 MAX 7. The final number of aircraft to be ordered will depend on the selected model. The 737 MAX 7, which offers a larger seating capacity, is still awaiting certification, posing a potential challenge to its selection. The A220 and E-2 series are already in service with other carriers, providing a more immediate deployment option. Ethiopian Airlines, Africa's largest carrier, is experiencing robust travel demand. However, it faces challenges due to delayed aircraft deliveries and engine shortages. The airline has three Boeing 787s grounded because of a lack of Rolls-Royce engines and five turboprop aircraft grounded due to a shortage of Pratt & Whitney engines. Maintenance delays have extended engine turnaround times from the typical three months to six months or more.
Time of India
5 hours ago
- Business
- Time of India
Final assembly line possible in India: Embraer
NEW DELHI: Brazilian aerospace major Embraer says it will increase sourcing from India and even have a final assembly line here if it gets a firm order for 200 aircraft from Indian customers. As of now, only India's biggest regional airline, Star Air, has Embraer aircraft in its fleet. However, the firm is talking to multiple airlines, including Air India and IndiGo, apart from startups, for getting orders. It has established a fully owned Indian subsidiary that will have a dedicated sourcing unit to scout for opportunities in IT, software and engineering. Embraer has nearly 50 planes across 11 aircraft types operating in the country. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
13 hours ago
- Business
- Business Standard
Ready to set up plant in India if it gets 200-aircraft order: Embraer
The company estimates India will require at least 500 aircraft in this segment over the next 20 years, driven by growing connectivity needs beyond metro routes and into Tier-II and Tier-III cities Deepak Patel New Delhi Listen to This Article Brazilian aircraft maker Embraer said it could increase component sourcing from India and may set up a final assembly line (FAL) in the country if it secures orders totalling around 200 planes, the company's head of Asia Pacific, Raul Villaron, told Business Standard in an interview on Monday. 'India presents a vast opportunity for regional jets in the 80-to-150 seat segment. If we are able to close orders for about 200 aircraft, it would make strong business sense for us to localise more aggressively—including establishing a final assembly line and expanding our supplier base here,' said Villaron, who also holds
Mint
14 hours ago
- Business
- Mint
Embraer CEO says in talks with IndiGo, Air India, ‘see lots of opportunities in India' — details
Brazilian multinational aerospace corporation Embraer SA has set up a fully-owned Indian subsidiary in India, and is eyeing opportunities with Air India and IndiGo, CEO Francisco Gomes Neto told PTI in an interview. According to Neto, Embraer sees opportunities in commercial and business jets, military aircraft, and the Electric Vertical Take-Off and Landing (eVTOL) segments in India, the report added. In an exclusive interview to PTI, Neto told the agency that the company is exploring possibility to supply its E195-E2 aircrafts (up to 146 seats depending on the configuration) to Indian aviation giants IndiGo and Air India. He said Embraer will position a procurement team to check opportunities in the Indian supply chain and look at the possibility of procuring components and services from India. The company is hiring people in India for government relations, communications, procurement and engineering, sales and marketing teams, he added. Also speaking to PTI, Raul Villaron, SVP Sales & Marketing and Head of Region for Asia Pacific at Embraer Commercial Aviation also confirmed that talks are on with IndiGo and Air India. 'A majority of the unserved markets in India are either too thin for the narrow-body aircraft or too long for turboprops. So the E2 is right in the sweet spot … The E2 has a very competitive seat cost, which allows us to be more competitive in the Indian market,' Villaron added. 'India is the third largest market in aviation globally... we see a lot of opportunities for us in the future in this market for all the products we have, the different business units, commercial jets, business jets, military aircraft and eVTOLs. That's why we want to really to deepen our collaboration with the country and this step of opening a subsidiary in India,' Neto said. At present, around 50 Embraer aircraft and 11 aircraft types are operating in India across commercial and business aviation, and defence segments. In the civilian aircraft space, Embraer planes are operated by regional carrier Star Air and entities are also using the company's business jets. On whether Embraer will look to set up a MRO (Maintenance, Repair and Overhaul) facility for civilian planes in India, Neto said it will depend on the aircraft orders. In 2024, Embraer Defense & Security and Mahindra Defence Systems signed a MoU to evaluate the opportunity to jointly pursue the Indian Air Force's Medium Transport Aircraft (MTA) programme with the C-390 Millennium. The Embraer aircraft operated by Indian forces include the Legacy 600 aircraft used for the transportation of government officials and VIPs by the Indian Air Force (IAF) and Border Security Force (BSF), and also the Netra AEW&C aircraft based on the Embraer ERJ145 platform operated by the IAF. With respect to business jet segment, Neto said there will be much more opportunities with a few changes in the regulations. Globally, there is an increasing interest in eVTOL (electric Vertical Take Off and Landing) aircraft, which are also seen as a key solution for urban mobility.
Time of India
14 hours ago
- Business
- Time of India
'Can set up final assembly line in India if get order for 200 planes:' Embraer
NEW DELHI: Brazilian aerospace major Embraer says it will increase sourcing from India and even assembling its range of commercial planes here if it gets a firm order for 200 aircraft from Indian customers. While as of now only India's biggest regional airline Star Air has Embrear aircraft in its fleet, the company is talking to multiple airlines including Air India and IndiGo apart from startups for getting orders. It has established a fully owned Indian subsidiary that will have a dedicated sourcing unit to scout for opportunities in IT, software and engineering. 'India is a key market for Embraer. We are excited to deepen our collaboration with the Indian aerospace and defence industry, leveraging our expertise and technology to contribute to the nation's growth and Make in India campaign. We see significant opportunities across defence, commercial aviation, business aviation, services & support, and the emerging urban air mobility sector,' said Francisco Gomes Neto, president & CEO of Embraer. Embraer has a footprint with nearly 50 aircraft across 11 aircraft types currently operating in the country, from commercial aviation, defence and business aviation. 'We are in talks with multiple players. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Promoções imperdíveis de voos baratos Voos | Anúncios de Pesquisa Saiba Mais Undo A firm order for 200 aircraft will enable us to increase sourcing and have a final assembly line in India. There is a vast market for our capacity aircraft that ranges from 80 to 146 seaters with a significant range, unlike turboprops. We believe India will require 500 such aircraft in the next 20 years,' Raul Villaron, Embraer senior VP, said. The company's Indian subsidiary, with its corporate office in New Delhi's AeroCity, will look for opportunities across defence, commercial aviation, business aviation, services & support and urban air mobility sector. 'Embraer is working on growing its team in the country, building capacity to capitalise on the opportunities within the country's ever-evolving aerospace and defence industry. This includes establishing teams across corporate functions and specialiced cells focused on procurement, supply chain and engineering,' Embrear said in a statement. Embraer Defense & Security and Mahindra Defence Systems had signed an MoU last Feb 'to evaluate the opportunity to jointly pursue the Indian Air Force's Medium Transport Aircraft (MTA) program with the C-390 Millennium.' 'On the commercial aviation front, the E-Jets family of regional and small narrowbody aircraft (can) unlock 'blue ocean' opportunities found in tier two and tier three cities and contributing to India's aspirations of becoming a leading global aviation hub,' the statement added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
