Lower deliveries of commercial and military aircraft partly compensated by higher revenues from services resulted in a lower Q2 net profit for Embraer. The Brazilian airframer reported a $74.2 million net profit attributable to shareholders compared to $87.9 million...
UPDATE – Embraer narrowed its first-quarter loss compared to last year, reporting a $31.7 million net loss attributable to shareholders. This compares to $-89.7 million for the same period last year. However, the Brazilian airframer slipped back into a loss...
UPDATE – Embraer expects to increase its commercial aircraft deliveries this year to between 60 and 70, up from 48 in 2021. While higher, its guidance is still well below deliveries in previous years. The Brazilian airframer reduced its losses last year and...
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