Aircraft News - Latin America / Caribbean.Aug 20, 2007 Embraer Embraer, which continues to struggle with production and staffing issues, saw its second-quarter profit fall 51.6% to $67.3 million from $139.1 million in the same period a year ago. Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight rose 11.3% to $1.1 billion. The company stated that industrial costs remain high because of longer production cycles, labor costs, overtime and the training of new employees. Wing assembly and parts subcontractors for the E-190/195 program remain the "biggest challenge." The work, which now is done in-house, previously was contracted out to Kawasaki Heavy Industries. Aug 17, 2007 Embraer Embraer President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Frederico Curado said "The ramp-up costs are still hurting our numbers," of the increased production demands. But he said the company is maintaining its 2007 delivery forecast of 165-170 aircraft. It delivered 27 commercial jets in the quarter, down from 30 a year ago, and said it expects to deliver 195-205 total aircraft in 2008. Backlog was valued at $15.6 billion. Aug 17, 2007 Embraer Embraer is the world's fourth-largest commercial jet maker. The company said last month it delivered 36 jets in the second quarter and ended the period with a firm order backlog of USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $15.6 billion, up from USD$10.2 billion a year earlier. Aug 15, 2007 Embraer Embraer Quarterly Profit Drops 49 Percent. Brazilian aircraft maker Embraer said on Wednesday second-quarter profit dropped 49 percent because of a surge in costs as it ramped up production of regional jets. Net income fell to BRR BRR Badan Rehabilitasi dan Rekonstruksi (Indonesian, Rehabilitation and Reconstruction Agency, Indonesia) BRR Bit Rate Reduction BRR Big Red Racing (game) 79.7 million reais (USD$40.13 million) from BRR155.7 million in the year-earlier period. Earnings before interest, taxes, depreciation and amortization Earnings before interest, taxes, depreciation and amortization (EBITDA) is a non-GAAP metric that can be used to evaluate a company's profitability.
Embraer Embraer 195 received type certification from US FAA, the manufacturer announced Friday. The 110-seat aircraft, Embraer's largest, received ANAC ANAC Agência Nacional de Aviação Civil (Brasil) ANAC Association of Nurses in AIDS Care ANAC Aboriginal Nurses Association of Canada ANAC Animal Nutrition Association of Canada ANAC Automatic Number Announcement Circuit and EASA EASA European Aviation Safety Agency EASA European Advertising Standards Alliance (Brussels, Belgium) EASA European Association of Social Anthropologists EASA European Architecture Students Assembly EASA European Academic Software Award certification last year. Aug 13, 2007 TAM Linhas Aereas, Airbus A cockpit recording of Airbus A320 TAM Linhas Aereas flight 3054 made public by the committee last week showed the pilots were aware of the disabled thrust reverser, but were unable to brake the aircraft. Aviation authorities are also looking at other possible causes of the accident, including the runway condition. Air travel in Brazil has been in chaos since 154 people were killed last September when a Boeing 737 clipped wings in midair with a private jet and crashed in the Amazon. Aug 13, 2007 TAM Linhas Aereas, Airbus The Airbus A320 airliner that crashed in Sao Paulo last month killing 199 people had shown no signs of mechanical or computer error, a company official told Brazil's Congress. The aircraft operated by Brazil's biggest carrier, TAM Linhas Aereas overshot overshot protruding. overshot fetlock see knuckling over. overshot jaw See brachygnathia. Called also parrot mouth. a wet runway at Congonhas Airport, crashed into a cargo terminal and fuel station and exploded into a ball of fire. The same committee said last week, also citing data from the flight recorder flight recorder Instrument that records the performance and condition of an aircraft in flight. Regulatory agencies require these devices on commercial aircraft to make possible the analysis of crashes or other unusual occurrences. , that an engine throttle in the wrong position was probably a major cause of Brazil's worst air accident. It was operating with only one of the thrust reversers, which are used to help brake the plane. But Malinge said it was "premature" to say the inoperative Void; not active; ineffectual. The term inoperative is commonly used to indicate that some force, such as a statute or contract, is no longer in effect and legally binding upon the persons who were to be, or had been, affected by it. thrust reverser was to blame for the accident. Aug 13, 2007 ZZ Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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