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APRIL 2021

Week 17

News

Embraer delays E175-E2 entry into service to 2024

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April 30th 2021

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Embraer said overnight entry-into-service of its E175-E2 regional jet would be pushed back by one year to 2024 "given the current market conditions for commercial aviation from the COVID-19 pandemic". Read More » The company is continuing with the certification work on the aircraft on a revised timeline, Embraer said. The E175-E2 announcement was included in Embraer's latest financial results, which showed the OEM posted a net loss of US$89.7 million for the three months to March 31 this year, an improvement from a net loss of US$292 million in the three months to March 31, 2020. Revenue increased 27.4%, to US$807.3 million, Embraer said in a regulatory filing.

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