Embraer is remaining cautious about the outlook for the executive jet market, even as the company’s revenues from the segment grew 15.5% last year. Embraer has been encouraged by the growth of American corporate profits and the number of millionaires worldwide. But the company says slow growth of some economies and uncertainty in Europe, as well as lower utilization of business jets are factors “that jeopardize a full recovery of the demand for business jets.” The company, which ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Embraer Remains Cautious Over Market Uncertainties".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.