'Overheating' US Economy Sparks Buying Frenzy For Private Jets [zero hedge]
Embraer S.A. (ERJ)
Last embraer s.a. earnings: 3/26 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
ri.embraer.com.br
Company Research
Source: zero hedge
Nothing says "healthy middle class recovery" quite like the luxury private jet market catching fire, which is the phase where the global economy finds itself right now with private aircraft getting so "hot" that even used planes are difficult to find.According to Bloomberg, only a dozen pre-owned Falcon 7X planes are on the market currently, down from about 35 that were on sale a ayear and a half ago. As the market is tightening, buyers of luxury private aircraft are getting more aggressive, according to aircraft broker Steve Varsano.Varsano found out that bidding aggressively in the luxury plane market doesn’t even work sometimes. He recently bid on a plane sight unseen for a client who wanted a Dassault Aviation SA aircraft in India. He lost the bid when three other buyers emerged, and commented to Bloomberg: "The tables have turned. Just last year, the person running the sale would have been calling me everyday saying, ‘Hey, when are you coming over?'"Luxury jets had been in a glu
Show less
Read more
Impact Snapshot
Event Time:
ERJ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ERJ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ERJ alerts
High impacting Embraer S.A. news events
Weekly update
A roundup of the hottest topics
ERJ
News
- Embraer backlog reached the highest level over past 7 years and deliveries increased 67% in 1Q24 [Yahoo! Finance]Yahoo! Finance
- Embraer backlog reached the highest level over past 7 years and deliveries increased 67% in 1Q24PR Newswire
- Brazil's Embraer delivers 25 jets in Q1; backlog hits 7-year high [Yahoo! Finance]Yahoo! Finance
- Brazil's Embraer delivers 25 jets in Q1; backlog hits 7-year high [Reuters]Reuters
- Hybrid Electric Aircraft Market Size to Attain Notable Value of US$12 Bn in 2030, Securing a Healthy CAGR of 40% [Yahoo! Finance]Yahoo! Finance
ERJ
Earnings
- 3/19/24 - Beat
ERJ
Sec Filings
- 4/22/24 - Form 6-K
- 4/5/24 - Form 20-F
- 4/5/24 - Form 6-K
- ERJ's page on the SEC website