Brazil Planemaker Embraer CEO Says Confident On Meeting 2024 Production Guidance Of 72-80 Commercial Jets, Eyes Output Of Around 80-90 Jets Next Year; Believes It Will Be Able To Return To Production Of 100 Commercial Jets Per Year By 2026 At The Latest; Sees Supply Chain Issues Improving, Scenario Should Get Closer To Normality Starting 2026
Portfolio Pulse from Benzinga Newsdesk
Embraer's CEO expressed confidence in meeting the 2024 production guidance of 72-80 commercial jets and aims to produce 80-90 jets next year. The company expects to return to producing 100 commercial jets per year by 2026, with supply chain issues improving and normalizing by then.
June 18, 2024 | 4:23 pm
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Embraer's CEO is confident in meeting the 2024 production guidance and aims for higher production in the coming years, with supply chain issues expected to improve.
The CEO's confidence in meeting production targets and the expectation of improved supply chain conditions are positive indicators for Embraer's future performance. This could lead to increased investor confidence and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100