It's been a wild ride for Embraer, the Brazilian manufacturer of commercial and military aircraft. Thirty years ago Embraer was a relatively obscure maker of the 30-seat Brasilia turboprop as well as military trainers. Today, it is the third largest manufacturer of commercial aircraft worldwide, claiming to have 44% of the 30- to 50-seat regional jet market behind leader Bombardier Aerospace. But Embraer's market position is expected to climb appreciably with sales of the 170 and 190s. ...

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