Lower than expected deliveries of executive aircraft are forcing Embraer to moderate its earnings guidance, although the situation is cushioned by strong regional jet and defense activities. The move, coupled with the release of third quarter results, means the full year guidance is for revenue to come in at $5.6 billion to $5.8 billion, after the Brazilian aircraft maker upped the guidance to $5.8 billion at the half-year mark. “Despite some improvements noted in the sales activities ...
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