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 ...
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