Fox Business - The Power to Prosper
Search Site

SkyWest Airlines

Embraer Lands Another Major Order as U.S. Air Travel Improves

Brazilian aircraft manufacturer Embraer SA (ERJ, EMBR3.BR) unveiled Tuesday its third major contract this year to sell jets to a U.S.-based aircraft operator, providing the world's fourth-largest aircraft manufacturer with breathing room for the coming years.SkyWest Inc. (SKYW) has agreed to buy as many as 200 jets, worth as much as $8.3 billion in coming years if all the orders are confirmed. The deal is one of the largest in Embraer's history. A 2003 order by JetBlue Airways Corp. (JBLU) for 200 jets subsequently was revised down to just 100.Analysts say that the deal is the latest sign that the U.S. travel market is starting to recover following the financial and economic crisis that began in 2008, albeit at a tepid pace."I see this as a light at the end of the tunnel for the global economic recovery," said Mario Bernardes Jr., transportation analyst at BB Investimento, the investment-banking arm of Banco do Brasil SA. Along with improving European vehicle sales, "this Embraer sale ...

Read More

  1. Apple Bites Wall Street's Rally

    The stock market is on fire.  The Dow Industrials closed at 13779 Wednesday -- within 221 points of 14000.  A rally in IBM (NYSE:IBM) shares accounted for nearly all...

  2. Mitsubishi Aircraft Gets $4.2 Billion Order |From SkyWest

    Mitsubishi Aircraft Corp. said Thursday that it has found a third customer for its planned next generation regional jet, getting a massive order for 100 aircraft fro...

  3. Bombardier wins order for up to $3.29 billion from Delta

    Delta Air Lines said on Thursday it would buy 40 Bombardier two-class regional jets, with the option to buy an additional 30, in a deal valued at up to $3.29 billion...

  4. Singapore Airlines Buys Virgin Australia Stake

    Singapore Airlines Ltd. (C6L.SG) bought 10% of Virgin Australia Ltd. (VAH.AU) for 105 million Australian dollars (US$108.5 million) in one of three separate deals an...

  5. Australian Shares Edge Higher But QBE Retreats

    Australian shares traded with marginal gains on Tuesday, with the S&P/ASX 200 index up 0.1% at 4,477.40. With Hurricane Sandy about to make landfall on the U.S. East...

  6. Virgin Sells 10% to Singapore Airlines, Buys 60% of Tiger

    Virgin Australia Ltd. (VAH.AU) said it had agreed to buy 60% of budget carrier Tiger Australia from Tiger Airways Holdings Ltd. (J7X.SG), while selling a 10% stake i...

  7. Skywest Airlines gets Contract With BHP Billiton Iron Ore

    Skywest Airlines Ltd. (SKYW.LN), an Australian and South East Asia regional airline, said Tuesday BHP Billiton Iron Ore has selected it as the preferred vendor to pr...

  8. Can Investors Gain from the Airline Sector?

    Maxim Group Analyst Ray Neidl on how investors can profit from adding airline stocks to their portfolios.

  9. Transportation Sector Wrap

    During trading today, the S&P 500 dropped 0.9%, and the Transportation sector (IYT) showed little change.The ETF, as a proxy for the sector, tracked closer to the ov...

  10. Airline Profits Taking Off Despite Economy

    The Boyd Group Airline Consultant Michael Boyd on the outlook for the airline sector.

  11. Peabody Energy, Arch Coal Among Stocks setting 52-Week Lows Tuesday

    Here are the nine most popular stocks that hit 52-week lows:The share price of Peabody Energy (NYSE:BTU) dipped today, reaching and then falling even farther past it...

  12. SkyWest , LaCrosse Footwear Among Stocks falling to Annual Lows Monday

    Five stocks hit to 52-week lows:While trading on below-average volume, SkyWest (NASDAQ:SKYW) slid today, hitting and then dropping past its previous 52-week low to $...

  1. Embraer Lands Major Order as U.S. Air Travel Improves

    Brazilian aircraft manufacturer Embraer SA (ERJ, EMBR3.BR) on Tuesday unveiled its third major contract this year to sell jets to a U.S.-based aircraft operator, pro...

  2. Embraer Lands Another Major Order As U.S. Air Travel Improves

    Brazilian aircraft manufacturer Embraer SA (ERJ, EMBR3.BR) on Tuesday unveiled its third major contract this year to sell jets to a U.S.-based aircraft operator, pro...

  3. Embraer books 'milestone' SkyWest deal worth up to $8.3 billion

    SkyWest Inc , the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA , in a deal that could climb to 200...

  4. Brazil Stocks Open Mixed as Embraer Climbs, HRT Plunges

    Brazilian stocks opened flat on Tuesday as aircraft maker Embraer jumped on one of the largest plane orders in its history, while shares of oil company HRT Participa...

  5. US Airways plane makes unusual belly landing at Newark airport

    NEWARK, New Jersey (Reuters) - A US Airways flight made an emergency landing on its belly at Newark Liberty International Airport early on Saturday after the plane's...

  6. Singapore Airlines to Raise Virgin Australia Stake

    Singapore Airlines Ltd. (C6L.SG) said Wednesday it will spend US$125.8 million to nearly double its stake in Virgin Australia Holdings Ltd. (VAH.AU), intensifying it...

  7. Virgin Australia Profit Falls, Hit by Competition

    Virgin Australia Holdings Ltd. (VAH.AU) Tuesday booked a 56% fall in first-half profit as intensifying competition in Australia's domestic travel market drove down t...

‹ Prev123Next ›
Freebase CC-BY
Source: SkyWest Airlines on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL