That is a quite a spin on the positivity of next to no orders. You do realize that if Embraer wants to stay in business they will need to sell airplanes, right? It is admirable that Embraer is able to keep their projects on time and on budget but if they can't sell they have no future. Transversely, any company that is late and over budget but has sales stands at least a solid chance of survival.
I hope you are well aware that Embraer is still delivering commercial aircraft today, especially the E175 and a smal number of the previous generation E190 and E195. It is at delivery when the bulk of income comes in.
So I just do not understand your comment about selling aircraft. Yes, Embraer does sell aircraft and more importantly they still deliver commercial aircraft in addition to their business aircraft and the military ones.
What the heck are you talking about.
Now, on the E190-E2 and E195-E2 there are not so many orders, but they are ramping it up very slowly. As far as orders are concerned, I do not think they need to "panic". I would panic more if I have to change engine three or three times for each aircraft during the first year of operation like AirBaltic did. Some airlines are doing it too, like Swiss.
Seriously, Embraer has an advantage being second to enter into service. In addition let us never forget that the E2 was launched FIVE
damn long years after the launch of the C Series.
In my opinion they are doing pretty well so far by maintaining the development expenses close to the prediction.
I sincerely believe it is not very productive to under estimate the E190-E2 and especially the E195-E2. THere is not an urgency so far. I believe the assault in term or order can start only once the deal with Boeing will close.
When will it close? We do not know for sure yet. The investigation by the European Union is still on going. It seems the EU's approval would not be achieved before march 2020.
Now, I do not understand AT ALL why the European Union is so worried by an aircraft that does not have many orders. THis is completely absurd. Really absurd. Do they see a potential of the E2 more than you guys here see it? If it is not the case then why the hell are they holding up such a joint-venture.
And yes, Boeing will spend 4.2 billion dollars to acquire 80% of Embraer commercial aircraft, but it would not make any damn sense if there is no potential for their aircraft program, right?
I know that it is more expensive than one symbolic dollar to acquire a 50% of the C Series program. Well yes, probably it is because the C Series has such a huge potential.