ANA Holdings Inc. will spend about $14.5 billion to buy 77 aircraft from Boeing Co., Airbus SE and Embraer SA in a rare simultaneous deal with the world’s top three commercial planemakers.
Japan's ANA Holdings said on Tuesday it planned to place a company-record order for up to 77 aircraft to replenish its fleet and take advantage of growing demand for travel.
Embraer is ruling out launching any new aircraft this decade as it zeroes in on maturing research and development studies and building cash reserves.
Mustafa Altork, the company’s CEO, says it now holds around $40 million worth of inventory at two warehouses. Its main base is in Seattle. In 2019, it started operating a warehouse in Dubai, close to Al Maktoum International Airport, where it started locating inventories to service regional customers.
The Japanese airline announced on Tuesday that it has decided to order up to 77 aircraft to support medium-to-long term international growth and meet demand changes in its domestic operations.
DALLAS — Embraer (ERJ) posted revenue of US$6.4 billion in 2024, a 21% year-over-year increase. The company delivered 206 aircraft, 14% more than in 2023, and recorded an adjusted EBIT margin of 11.1% and US$675.6 million in free cash flow.
All Nippon Airways will be the first Japanese operator of Embraer's E2 family of aircraft following an order for up to 20 E190-E2s, part of a broader fleet renewal as it announced commitments for up to 77 aircraft for future growth.
Embraer now has the accounting conditions to ... I remind you there is the Boeing arbitration impact of $150 million in the results of the year. That increased the margins around 230 basis point ...
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The deal includes 68 firm orders and nine options, potentially bringing the overall purchase to 30 aircraft from Boeing, 27 from Airbus, and 20 from Embraer. The firm part of the order includes 18 ...
The purchase underscores ANA’s ambitions to exceed its pre-pandemic fleet size by 2030 and capitalize on the boom in global air travel demand.