Embraer’s first-quarter results exceeded expectations as revenues for its Executive Jets segment grew by nearly 50% and Phenom deliveries jumped to 17 on the quarter. Embraer’s Executive Jets segment reached $267.4 million in the first quarter, up from $175.3 million in first quarter 2013. The Executive Jets segment represented 21.5% of the revenues brought in by the company, up from 16.1% a year earlier. The increase in its Executive Jets segment helped offset the slide in ...

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