Embraer has sold its two Portuguese aerostructure units to Aernnova in Spain for $172 million. At the same time, the two companies have signed a long-term supply agreement to safeguard the supplies of assemblies to Embraer, they announced on January 12. Embraer...
Brazilian airframer Embraer reported a $-217.5 million loss for 2019 on March 26, over four times worse compared to the $-54.2 million loss in the previous year. Net loss attributable to shareholders is even worse at -322.3 million compared to -178.2 million in...
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