CORRECTED – Lower deliveries of commercial and military aircraft partly compensated by higher revenues from services plus one-off costs associated with Eve Air Mobility resulted in a net loss for Embraer. The Brazilian airframer reported a restated $-146.4 million net…
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Embraer is “cautiously optimistic” about signing new orders this year, but is fully aware that the Covid pandemic isn’t over and that the situation can change. CEO Francisco Gomes Neto said during the earnings call presentation on March 19. The…
Embraer reported a $-292 million net loss attributable to shareholders for the first three months of 2020. This compares to -42.5 million in the same period last year, the Brazilian OEM said on June 1. Adjusted net loss was $-104…