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VH DSJ
27th May 2019, 07:35
Well, the commercial division of Embraer, will be known as Boeing Brasil - Commercial. No decision however has been made to rebrand the ERJ Ejets to ‘Boeing’ however, but I personally like the sound of the Boeing 195. :-)

https://www.reuters.com/article/us-embraer-m-a-boeing/boeing-drops-embraer-name-from-brazil-commercial-jet-division- (https://www.reuters.com/article/us-embraer-m-a-boeing/boeing-drops-embraer-name-from-brazil-commercial-jet-division-idUSKCN1ST2O7)

Could Boeing be thinking about supersizing the E195 E2 to 180 seats or more, as a replacement for the 737NG? This might be a good solution to the MAX debacle if public perception about the safety of the MAX remains low.

DaveReidUK
27th May 2019, 08:03
Could Boeing be thinking about supersizing the E195 E2 to 180 seats or more, as a replacement for the 737NG?

If by "supersizing" you mean stretching, how many seat rows do you think that would have ?

SteinarN
27th May 2019, 08:29
If by "supersizing" you mean stretching, how many seat rows do you think that would have ?

Well, simple math; 188 seats single class, divided by 4 abreast gives approximately... 47 rows...
Now, take on the -9 or -10...

DaveReidUK
27th May 2019, 09:52
Well, simple math; 188 seats single class, divided by 4 abreast gives approximately... 47 rows...
Now, take on the -9 or -10...

Yes, that's what my calculator makes it, too. :O

Correct me if I'm wrong, but that's more rows than anyone has ever put in a narrow-body airliner. Even the longest DC-8 stretch only had about 44 rows, and of course that was a 6-abreast cabin.

A 188-seat, 4-abreast cabin would be an operational nightmare.

derjodel
27th May 2019, 10:25
If by "supersizing" you mean stretching, how many seat rows do you think that would have ?

How about twin fuselage?

Uplinker
27th May 2019, 11:10
How about a “Bendy Bus” layout so it could rotate and go round corners ?



I’ll get my coat.

Union Jack
27th May 2019, 11:12
"If it's not Embraer, I ain't going there"?

Jack

Pilot DAR
27th May 2019, 11:36
Even the longest DC-8 stretch only had about 44 rows, and of course that was a 6-abreast cabin.

Yes, we operated four of them for many years. Ours, as I was told most did, had mid cabin galleys. The reason explained to me for this was not galley practicality, bu rather to prevent the passengers in the back from being able to see the length of the cabin, and how much the fuselage was bending. The fuselage bending concerns extended to the pilots being told to approach the gate on the yellow line to prevent having to steer left in, as the steering caused the fuselage to bend enough that the main door would not operate freely.

I wouldn't expect to see a 47 row narrow body airliner!

VH DSJ
27th May 2019, 14:17
If by "supersizing" you mean stretching, how many seat rows do you think that would have ?

No, I don't mean stretching. I mean a larger fuselage about the same size as the 737, but using the design and technology of the E2. It would save Boeing having to start from scratch in designing a completely new FBW 180 seater aircraft. Why else would Boeing be interested in buying Embraer's commercial division? The regional aircraft market has never been their niche.

cooperplace
27th May 2019, 14:18
I wouldn't expect to see a 47 row narrow body airliner!
Ever flown on a 757-300? I did on Continental, if memory serves me; I thought it was horrible. Way too long for single-aisle. They were the worst aircraft in recent times for pax. IMHO.

Mostly Harmless
27th May 2019, 14:32
I put in my vote for calling the EMJ the B-220.

DaveReidUK
27th May 2019, 15:32
If by "supersizing" you mean stretching

No, I don't mean stretching. I mean a larger fuselage about the same size as the 737, but using the design and technology of the E2.

Ah OK, that makes a bit more sense.

I'd only got as far as working out that you didn't mean a bigger burger with more fries. :O

Smythe
27th May 2019, 15:51
Here you go!

https://cimg9.ibsrv.net/gimg/pprune.org-vbulletin/480x270/hd_aspect_1501106454_lan_party_1c013a63af76851fc1006f4c2b876 b395ca3c160.jpg


No, I don't mean stretching. I mean a larger fuselage about the same size as the 737, but using the design and technology of the E2.

The E2 design is already old...wings arent even composite...why upgrade to compete with yourself? There are less than 200 195-E2's on order, and it is doubtful it will be successful, especially up against the 220 series.

Why else would Boeing be interested in buying Embraer's commercial division? The regional aircraft market has never been their niche.
Simple, they got shamed into it by the success of the Airbus CS acquisition.

pattern_is_full
27th May 2019, 16:51
Why else would Boeing be interested in buying Embraer's commercial division? The regional aircraft market has never been their niche.

Only if one has a limited historical outlook. The 720, 727 and 737 were all originally targeted as "regional" aircraft in function. Ability to get into short runways at smaller airports, and work efficently (for the era) on short-range, lower-volume routes. The only competiton in smaller jets back then was mostly Fokker.

And of course Boeing kept the MD-95 when they bought McD, renamed as the 717. Which was basically a throwback to McD's own "regional" entry of the 1960s - the original unstretched DC-9. The B717 replaced QANTAS's BAe-146 regionals, and is the "regional" (intrastate) jet for Hawaiian. Delta uses theirs on "regional-like" routes, and was happy to snap up airTran's 717s after its merger with SWA.

However, that doesn't mean Boeing can't use fresh ideas in the "even-smaller" end of the market. The 736 hasn't been a great seller, nor was the B717 overall.

Hotel Tango
27th May 2019, 16:59
I'm neither pro Airbus or Boeing. However, I can't help thinking that the rushed MAX (following the NEO), and the Embraer deal (after Airbus/Bombardier) are panic moves by a company whose executives have lost the plot and can only try and survive by trying desperately to keep up with their neighbours, so to speak.

oxenos
27th May 2019, 17:15
Why would Embraer want to be know as Boeing Brazil, given that the name Boeing is somewhat tainted at the moment.

How about re-naming Boeing as Embraer USA?

Smythe
27th May 2019, 17:35
Consider the Delta order, what 90 of them so far, ..replacing their E fleet...

While they have renamed it Boeing Brazil, what about the aircraft designation?

TSR2
27th May 2019, 18:03
Cooperplace

You don't hear many complaints from Condor Passengers about the B753. Perhaps it's more to do with the airline.

CargoOne
27th May 2019, 18:04
I wouldn't expect to see a 47 row narrow body airliner!

Condor 757-300 has 49 seat rows and not a single row number is skipped!

BEA 71
28th May 2019, 07:50
I have travelled on Condor 757-300 several times during the last six months. There is nothing wrong with the cabin, the seats are comfortable. Hope they will be able to operate them for quite a while.

DaveReidUK
29th May 2019, 08:05
While they have renamed it Boeing Brazil, what about the aircraft designation?

ATW reports that "Embraer seeks customer input on E-Jet branding".

ProPax
29th May 2019, 10:02
I just don't understand this renaming. What will that achieve, other than irritate the people and politicians in an already overheated country? Brazilians are unbelievably patriotic and, unlike many other patriots, they put their money where their mouths are by buying locally produced goods.

And what I don't understand even more is why Boeing bought it in the first place? To show they can? With all due and sincere respect to Brazilians, they don't really have the lineup. E-jets of the second iteration are not on par with much larger A220 which really CAN replace A319 and B737-7. That said, Embraer did a few very good designs in the past. Is that what Boeing is hoping for, more leverage in the regional segment?

Airbus saved a shedload of money by "buying" the A220 programme. Boeing OTOH will need to invest a lot of money to make a new regional jet/737 replacement/addition. Why not invest that same money into their own engineers and make that aircraft by themselves? They actually have more expertise in what is needed most for the new RJ - the hard learned lessons about composites from the 787 programme. I just don't get it.

Alpine Flyer
30th May 2019, 12:54
There was a "Boeing Dash 8" for some time, too. Didn't really stick....

I also think that the E2 is not suitable for much stretching, even though the 2+2 seating is nicer for the Pax than 2+3.

Don't know about the E2 but the classic E-Jets don't have spectacular runway performance either, don't think they can go everywhere a 737 can go.

Agent86
30th May 2019, 14:01
Don't know about the E2 but the classic E-Jets don't have spectacular runway performance either, don't think they can go everywhere a 737 can go.
I haven't seen many 737's in London City :)

alemaobaiano
30th May 2019, 14:41
I just don't understand this renaming. What will that achieve, other than irritate the people and politicians in an already overheated country? Brazilians are unbelievably patriotic and, unlike many other patriots, they put their money where their mouths are by buying locally produced goods.

Brazilians are not especially patriotic, except when the football or volleyball teams are winning, and they will only buy locally produced goods when there is no alternative. Those with the necessary cash buy the imported real deal, those without buy the imported contraband fake deal, but very few will support local industry by buying a national product.

The E-jets were never very popular here until Azul came along, and that only happened because of a very favourable deal for Neeleman to take the Embraers.

This new JV is causing much less commotion than many seem to think. The military and executive divisions remain as Embraer, and are considered by those Brazilians who have an interest as the important parts. Embraer has been viewed as essentially foreign owned since privatisation, so renaming the JV as Boeing Brasil (with an S) doesn't cause much of a stir.

TTFN

ProPax
30th May 2019, 15:34
Brazilians are not especially patriotic, except when the football or volleyball teams are winning, and they will only buy locally produced goods when there is no alternative. Those with the necessary cash buy the imported real deal, those without buy the imported contraband fake deal, but very few will support local industry by buying a national product.

The E-jets were never very popular here until Azul came along, and that only happened because of a very favourable deal for Neeleman to take the Embraers.

This new JV is causing much less commotion than many seem to think. The military and executive divisions remain as Embraer, and are considered by those Brazilians who have an interest as the important parts. Embraer has been viewed as essentially foreign owned since privatisation, so renaming the JV as Boeing Brasil (with an S) doesn't cause much of a stir.

TTFN

Hmm, looks like I had a very wrong view of both the country and the countrymen. I was thinking more along the lines of the cars and trucks that they make and buy locally, but then again, that's probably due to the high import duties? I also didn't know that Boeing didn't get the bizjet division! How is that going to work? They'll buy frames from Boeing Brasil (with an S!!!) and outfit them?

Thanks for the information. I'll adjust my brasiladar. :-)

alemaobaiano
30th May 2019, 17:36
Hmm, looks like I had a very wrong view of both the country and the countrymen. I was thinking more along the lines of the cars and trucks that they make and buy locally, but then again, that's probably due to the high import duties? I also didn't know that Boeing didn't get the bizjet division! How is that going to work? They'll buy frames from Boeing Brasil (with an S!!!) and outfit them?

Thanks for the information. I'll adjust my brasiladar. :-)

The biz jets are almost all based on the earlier rear engined ERJ family, so there is no cross over with the E-Jets line that is now Boeing Brasil, except in the case of the Lineage 1000 which is built around the E-190. I don't know how that one will work out, but I'm sure they will find a way.

There are a lot of vehicles put together here, but there isn't a Brazilian motor industry any more. GM, FIAT, Ford, Scania, and Hyundai all assemble vehicles here, but we don't see much, if any of the profits. Few are assembled to international standards and most are older models, as well as prices that are beyond the reach of most buyers unless they resort to high interest credit.

I was back in the UK in January and showed photos of the Corsa I hired while I was there to one of my car mad techs, he didn't recognise it as a Corsa it was so many generations ahead, and with an equipment level the local market never sees. Imports with 80-120% duty, only for the rich and corrupt.

TTFN

DaveReidUK
30th May 2019, 18:19
except in the case of the Lineage 1000 which is built around the E-190. I don't know how that one will work out, but I'm sure they will find a way.

The order backlog for the Lineage 1000 (ERJ-190-100) is only a handful of aircraft, and I haven't seen any announcement of a variant based on the E2, so I suspect it will be quietly dropped.

Old Dogs
30th May 2019, 19:04
Great marketing move, because, like, ..... everyone trusts Boeing, ...... right? 🤔

ProPax
31st May 2019, 14:34
The biz jets are almost all based on the earlier rear engined ERJ family, so there is no cross over with the E-Jets line that is now Boeing Brasil, except in the case of the Lineage 1000 which is built around the E-190. I don't know how that one will work out, but I'm sure they will find a way.

I just did a little "digging". Embraer posted roughly $400mln net profit lately. The development of E-jets cost $1.5bln. Boeing paid $4.2billion for a PART of that company. Actually, a part of a part. So, from where I'm sitting, Boeing spent an enormous amount of money for what they could've gotten in their own warehouse. How in the world did that deal get through the Board and through the shareholders meeting!? We should use Muillenburg as tank armor!!!

There are a lot of vehicles put together here, but there isn't a Brazilian motor industry any more. GM, FIAT, Ford, Scania, and Hyundai all assemble vehicles here, but we don't see much, if any of the profits. Few are assembled to international standards and most are older models, as well as prices that are beyond the reach of most buyers unless they resort to high interest credit.

I was back in the UK in January and showed photos of the Corsa I hired while I was there to one of my car mad techs, he didn't recognise it as a Corsa it was so many generations ahead, and with an equipment level the local market never sees. Imports with 80-120% duty, only for the rich and corrupt.

TTFN

You would not believe just how wrong I was about Brasil! I had a completely different picture in my head about how it worked for the people. I'm stunned by this new discovery. Maybe I should connect my TV to some news channel? :(

pattern_is_full
31st May 2019, 15:16
from where I'm sitting, Boeing spent an enormous amount of money for what they could've gotten in their own warehouse. How in the world did that deal get through the Board and through the shareholders meeting!?(

Well, there is always a value in removing competition. Boeing would probably be happy to absorb Airbus, if they could.

In the long run, Boeing saves development costs and future pricing pressure from a competitor, and prevents EMB moving up to compete in larger aircraft ranges. The Microsoft model.

VH DSJ
31st May 2019, 15:42
I'm not surprised Boeing was willing to pay that much to buy Embraer's commercial department. Those who have flown the Ejets both as operating crew as well as passengers love the aircraft. It's a lot more advanced than the 737NG, uses FBW technology and its systems are far more sophisticated than the 73 which was first designed in the 1960's. The price Boeing is willing to pay to buy Embraer's technology would probably be less than if they had to start from scratch and build something completely new that was capable of competing with Airbus's A220. Let's face it, Airbus FBW aircraft are generations ahead of the 737NG. I wouldn't be surprised if Boeing builds upon Embraer's E2 generation Ejets and comes up with a bigger version that can replace the 737 altogether.

futurama
31st May 2019, 15:47
I just did a little "digging". Embraer posted roughly $400mln net profit lately. The development of E-jets cost $1.5bln. Boeing paid $4.2billion for a PART of that company. Actually, a part of a part. So, from where I'm sitting, Boeing spent an enormous amount of money for what they could've gotten in their own warehouse. How in the world did that deal get through the Board and through the shareholders meeting!? We should use Muillenburg as tank armor!!!
Dig some more?

Unlike the Airbus CSeries deal, Boeing is buying a profitable business. That means it will partake in the profits from now until forever, so the present value of all those future profits has to be taken into account.

Assuming reasonable margins, a quick way to estimate fair valuation is to calculate it as a multiple of the company's EBITDA. For the aerospace industry this multiple is currently around 12-14x (see data from PWC (https://www.pwc.com/ca/en/services/deals/whats-the-deal-blog/valuation-multiples-in-aerospace-and-defence.html)).

Let's take your $400mm company-wide net profit as a base. The commercial business was Embraer's only profitable division recently, which implies that the commercial division's profit was more than $400mm but the other divisions dragged the company down. So the commercial division net profit might be closer to $440mm -- this is by definition after taxes, depreciation and amortization -- with an EBITDA of maybe around $600mm. That means at prevailing multiples the commercial division's value should be between $7.2 billion to $8.4 billion.

Since Boeing is buying 80% of the division, that means Boeing should expect to pay Embraer between $5.7 billion and $6.7 billion. But Boeing only paid $4.2 billion! That's around 10x EBITDA, which is relatively cheap for the industry.

Clearly some discounting is happening (maybe in part due to the E2 transition) but Boeing seems to have done well in this transaction assuming all the due diligence checks out. Embraer's shareholders probably saw the writing on the wall and decided to extract value while they still can.

For Boeing's board members, this deal would have been a no-brainer to approve at this price.

Smythe
31st May 2019, 17:41
Let's take your $400mm company-wide net profit as a base. The commercial business was Embraer's only profitable division recently, which implies that the commercial division's profit was more than $400mm but the other divisions dragged the company down.

Pretty big leap of faith, given the way aircraft sales are reported these days. Looking at commercial aircraft delivery numbers might be a better way. They delivered 90 commercial aircraft in 2018, of which only 4 were the E2 series. Most were 175 which they still have a backlog of...

Dont know, the E2 is just an update, and pretty far behind the 220 series.

Also dont really see a lot of sales for the 190/195 E2's...looks like the 175-E2 is dead.

The E2's would need composite wings to compete, and Boeing is not likely gonna spring for an E3 at this point, but who knows...

futurama
31st May 2019, 20:26
Pretty big leap of faith, given the way aircraft sales are reported these days. Looking at commercial aircraft delivery numbers might be a better way. They delivered 90 commercial aircraft in 2018, of which only 4 were the E2 series. Most were 175 which they still have a backlog of...

Dont know, the E2 is just an update, and pretty far behind the 220 series.

Also dont really see a lot of sales for the 190/195 E2's...looks like the 175-E2 is dead.

The E2's would need composite wings to compete, and Boeing is not likely gonna spring for an E3 at this point, but who knows...

175-E2 is dead? Embraer just started the first 175-E2 assembly literally this week! :rolleyes: This is a brand new line, we're less than a week into production and EIS isn't even slated until 2021. Clearly the program is moving ahead.

https://twitter.com/embraer/status/1133429471980269568

Let's see E2 orders vs A220 orders this year. E2: a measly 10 orders. A220: -1 orders. (Yes, negative orders year to date).

Do you think Boeing knows exactly how many E2 orders are pending before Le Bourget this year? You bet!

The bottom line is that one program made $440mm last year (Embraer) and another program lost at least $900mm last year (CSeries/A220). There's a reason why the former is being purchased for $4.2b and the latter was sold for $0.

cappt
31st May 2019, 22:07
The E2 is too big (those GTF's are heavy) to be flown by U.S. Regionals and too small for mainline. Unless something gives it will be an orphan like the MRJ for U.S. markets.

ProPax
1st Jun 2019, 16:40
Clearly the program is moving ahead.
Towards what? EIS with whom? There are no orders for 175-E2. The only orders were from SkyWest and... Nordik something. Both have cancelled, they are no longer on Embraer's backlog.

Let's see E2 orders vs A220 orders this year. E2: a measly 10 orders. A220: -1 orders. (Yes, negative orders year to date).
Well, if you look at it like this, it is a bad year... for now. However, in 2018 alone A220 got the same number of orders as the entire E2 program since 2011.

The bottom line is that one program made $440mm last year (Embraer) and another program lost at least $900mm last year (CSeries/A220).

How did you figure that? How did A220 lost $900 mil? And it wasn't E2 that made 440mln. The entire Embraer company made that, and that includes parts, services, military sales, etc., etc.

There's a reason why the former is being purchased for $4.2b and the latter was sold for $0.

Yes, there is. Airbus moved quickly and acquired the C-Series Ltd. as soon as they had a chance, while Boeing first rejected Bombardier's offer to cooperate on C-series, and was then caught napping when the aircraft market "suddenly" shifted from under them.

futurama
1st Jun 2019, 17:40
Towards what? EIS with whom? There are no orders for 175-E2.
They have no firm orders but that's different from no orders. Just a few days ago Embraer management forecasts that the 175-E2 will account for 1/3 or all E2s sold.

Obviously Boeing is very comfortable with the 175-E2s sales pipeline to green light the production start this week.


Well, if you look at it like this, it is a bad year... for now. However, in 2018 alone A220 got the same number of orders as the entire E2 program since 2011.


You're comparing a program that's in production vs. one that has yet to EIS. The E2 has roughly the same number of orders as the CSeries did at the same stage of the program (excluding "fake" CSeries orders which we knew would never get delivered but remained in the books, like the ones from Republic).


How did you figure that? How did A220 lost $900 mil?

From Airbus and Bombardier financial statements. Bombardier alone took a $600mm hit just to finally close out the Airbus transaction.


And it wasn't E2 that made 440mln. The entire Embraer company made that, and that includes parts, services, military sales, etc., etc.

Closely read what I wrote again. Only the commercial division made profit last year (~ $440mm). You know, the division Boeing purchased. :D


Yes, there is. Airbus moved quickly and acquired the C-Series Ltd. as soon as they had a chance, while Boeing first rejected Bombardier's offer to cooperate on C-series, and was then caught napping when the aircraft market "suddenly" shifted from under them.
Revisionist history there. Don't forget that Bombardier tried to sell the CSeries to Boeing first.

Ask yourself: if the CSeries was worth more than $0, why did Bombardier agreed to sell it to Airbus for $0?

On similar lines: in Canada, Bombardier's directors and executives have a legal fiduciary duty to protect shareholder value. So again, if the CSeries was worth more than $0, why did Bombardier shareholders not sue the directors for selling the program for $0?

The obvious truth is that the CSeries worth was negative. Both Airbus and Bombardier knew that even post acquisition they'd have to pump in another billion or two to make the program viable.

Embraer's commercial division, on the other hand, was and is a profitable ongoing business.

unmanned_droid
1st Jun 2019, 20:52
It's a great shame that Embraer is about to lose its name.

phylosocopter
2nd Jun 2019, 01:29
It's a great shame that Embraer is about to lose its name.

ahh i think shortly we may be having Embraer USA !

Smythe
2nd Jun 2019, 19:32
175-E2 is dead? Embraer just started the first 175-E2 assembly literally this week!

The launch customer bailed. The 175-E2, well, the entire E2 line is already outdated. It does not even have composite wings....Who are they producing these 175-E2's for? They have space and money to build aircraft with no buyers?
https://cimg9.ibsrv.net/gimg/pprune.org-vbulletin/650x259/ab7hyzs_695ac798ea54c7f0c6d43b6ab618b8ab673db874.jpg


The only hope is that some of the 175 backlog converts, then again, there are less than 200 of those...

Airbus moved quickly and acquired the C-Series Ltd. as soon as they had a chance, while Boeing first rejected Bombardier's offer to cooperate on C-series, and was then caught napping when the aircraft market "suddenly" shifted from under them

Exactly. Boeing handed the C Series to Airbus. Again, due to poor decisions and lack of forward thinking, Boeing is once again, forced to react to an Airbus decision.

Like the A320neo forced the MAX, and the A321XLR is going to force, well, nothing...they lost that market.

As noted before, the ENTIRE line for Embraer made $400 million, not just the part Boeing purchased. The bulk of the sales were in the part of the commercial business that Boeing did NOT purchase.

Question for you future, in the US, are the airlines replacing the E series with E2's, or A220 series?

No one wants the 190E2, and the 195E2 is no where near the ac the 220 is...(Where are the 190/195 E2 sales?)

Ivan Taclue
2nd Jun 2019, 20:02
It was a pleasure to be rated on the Boeing Bandeirante. 😎

VH DSJ
2nd Jun 2019, 21:46
The launch customer bailed. The 175-E2, well, the entire E2 line is already outdated. It does not even have composite wings....Who are they producing these 175-E2's for? They have space and money to build aircraft with no buyers?

I'm not sure what you mean by 'outdated'. The E2 has a completely new wing design introducing FBW technology to the ailerons (the previous versions of the E-jet had the conventional cables controlling the ailerons, although the other flight control surfaces were FBW).

The original launch customer for the E175-E2 was SkyWest in the USA and being a regional airline, they were subjected to scope clauses from their mainline partners which limited the size of the aircraft which they could operate. With the E2 having an MTOW higher than the legacy E175, it no longer met the scope clauses to which SkyWest operates and consequently they have had to drop their orders. It was not for a lack of faith in the product which you seem to be alluding to with your post.

ProPax
2nd Jun 2019, 22:15
The original launch customer for the E175-E2 was SkyWest in the USA and being a regional airline, they were subjected to scope clauses from their mainline partners which limited the size of the aircraft which they could operate. With the E2 having an MTOW higher than the legacy E175, it no longer met the scope clauses to which SkyWest operates and consequently they have had to drop their orders. It was not for a lack of faith in the product which you seem to be alluding to with your post.

If you're hanging off the window, does it matter if someone steps on your fingers intentionally or accidentally?

VH DSJ
3rd Jun 2019, 02:55
If you're hanging off the window, does it matter if someone steps on your fingers intentionally or accidentally?

And your point is?

futurama
3rd Jun 2019, 03:31
The only hope is that some of the 175 backlog converts, then again, there are less than 200 of those...

No, they are courting new customers for the 175, especially in Asia.


It does not even have composite wings

Because composite wings would have been a sub-optimal choice for the E2.

You seem to think there's something magical about composite wings. Well there isn't. You trade off weight vs. cost. Embraer did a full analysis comparing composite wing cost vs. benefits for the E2 mission profile and decided that traditional wings were superior. And for the E2, they're exactly right!


As noted before, the ENTIRE line for Embraer made $400 million, not just the part Boeing purchased. The bulk of the sales were in the part of the commercial business that Boeing did NOT purchase.

WRONG. Sorry but you guys keep repeating this rubbish. Please do a little bit of research before talking nonsense!

The division Boeing took stake in is the most profitable division of Embraer, as I've explained multiple times now.

CNBC: "Under the terms of the deal finalized in December, Boeing will pay $4.2 billion to control Embraer’s most profitable division, supplying passenger jets to airlines."

Reuters: "Embraer is finalizing a deal to sell 80 percent of its commercial aviation division, its most profitable unit, to Boeing for $4.2 billion..."

I'm done here.

Alpine Flyer
3rd Jun 2019, 07:02
When comparing the E2-Series with the A220/CSeries, saying that the latter is the better aircraft is maybe a bit like saying that a Mercedes is better than a Ford. The Dash 8-400 is also a better aircraft than the ATR72, yet the latter outsells the former by a big margin. The E-Series was built to be cheap (and lightweight) and that shows everywhere around the aircraft. Embraer/Boeing Brazil will probably have to sell it cheaper than Airbus but with a Brazil production line it can probably do so still turning a profit as labor will be cheaper than in Quebec or the US.

Smythe
3rd Jun 2019, 13:44
Composite wing may not have been the best solution for the old fuselage, probably not cost effective to redesign the wingbox and everything based on the wing. The 195-E2 is cheaper than the -300, but pax count and range put the -200 far ahead.

Sales of the 190 or 190-E2, 175-E2 are virtually non-existant.

Bottom line is sales. Jetblue did not go with E2, they went with 220. Jetblue is dumping its fleet of 10 year old 190's and will not have any by 2025 as they were too expensive to operate. Saving 25% on an aircraft that was too expensive to operate is not a plus.

ProPax
4th Jun 2019, 08:51
And your point is?It's the end result that matters. The above discussion didn't imply SkyWest didn't have trust in E2. I don't see anything that might have caused you to believe that. E-jets are wonderful planes and served well both to Embraer and their customers. They sold what?... 1500 of them. What we were talking about is the fact that 175-E2 doesn't have any orders. The reason for that is irrelevant. Hence my dramatic metaphor.

hans brinker
4th Jun 2019, 08:52
Think with everything going on I suggest Boeing rebrands to Embrear US, and the 737 to E199.....

ZFT
4th Jun 2019, 09:23
Ever flown on a 757-300? I did on Continental, if memory serves me; I thought it was horrible. Way too long for single-aisle. They were the worst aircraft in recent times for pax. IMHO.

The aircraft was OK but deplaning was an issue if seats down the back

Smythe
5th Jun 2019, 15:19
The financials are a sinking boat, while there was the $400 million in 2018, most of it was in the first quarter, and by 4th quarter it was losing big, mostly due to lack of sales of the E2 series.

018 was also half of what is was in 2017...

Sorry, just dont see the E2 as much of a contender anymore. I have no idea what Mitsu buying the CRJ will have on the rest of the Embraer line.

futurama
19th Jun 2019, 16:24
KLM to buy up to 35 Embraer 195-E2 jets:

https://www.flightglobal.com/news/articles/paris-klm-joins-e2-customer-list-459202/

Additionally, Spanish regional Binter Canarias -- the European launch customer for the 195-E2 -- exercised an option to buy two more 195-E2s, totaling five firm orders.

Smythe
19th Jun 2019, 16:32
United bought up to 39 175's, no E2 versions....

futurama
19th Jun 2019, 17:16
Embraer and Boeing are smiling either way.

A big factor right now is the relatively low cost of fuel. If you're already a large E175 customer, the higher initial cost of the E2 version might not compensate for the per trip cost savings from better fuel efficiency. (KLM doesn't own any E195s so buying 195-E2 makes sense for them).

The CSeries / A220 is in a worse position in this respect, since it was designed when Bombardier was projecting oil price going to $150/barrel in their business case. That justified a much more expensive clean-sheet aircraft as long as it's fuel efficient compared to the current fleet. But oil today is closer to $60 than to $150, and Bombardier -- having placed the wrong bet -- is likely mere days away from exiting the commercial aircraft business.

bill fly
20th Jun 2019, 07:53
Might not be a bad idea for B to rename itself Embraer North...