Embraer develops, manufactures, and sells aircraft and systems; and provides technical support and after-sales service in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It operates through Commercial Aviation, Executive Jets, Defense & Security, and Other Related Businesses segments. The company was founded in 1969 and is based in São José dos Campos, Brazil.
1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.2 million, or $0.44 per diluted share, for the three months ended December 31, 2020, compared to net income of $569 thousand, or $0.11 per diluted share, for the three months ended December 31, 2019. For the year ended December 31, 2020, net income was $4.8 million, or $0.95 per diluted share, compared to $3.2 million, or $0.64 per diluted share, for the same period in 2019. The 2019 earnings per diluted share were adjusted to give effect to the 5% stock dividend distributed to shareholders on April 15, 2020.
Brazil's Embraer has carried out its first transaction using a new type of loan guarantee in a 450 million reais ($82.32 million) deal to supply four E175 aircraft to U.S. regional airline SkyWest, the planemaker and Brazilian development bank BNDES said on Monday. The loan was granted through BNDES and guaranteed by aircraft non-payment insurance (ANPI) provided by the Aircraft Finance Insurance Consortium (AFIC), Embraer and BNDES said in separate statements.
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OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that it received its 11th Supplier of the Year award from Embraer in a virtual ceremony last month. The Supplier of the Year distinction was presented to Garmin in the Electric and Electronic Systems category for its G3000® Prodigy Touch flight deck systems in the Phenom 100EV and Phenom 300E. “We are honored to receive consecutive Supplier of the Year awards from Embraer,” said Carl
Just six months after their first E2 order, Congo Airways has placed a firm order for two E195-E2 jets. This is in addition to their existing two aircraft order for the smaller E190-E2. The four aircraft deal has a total value of USD 272 million at current list prices. This new firm order will be included in Embraer's 2020 fourth quarter backlog.