Embraer is seeing signs of stabilization of the business jet market in 2012 but still no significant recovery, particularly at the lightest end of the market, executives say. Speaking to analysts during the release of its fourth-quarter results on March 21, Embraer CEO Frederico Fleury Curado says the company is still experiencing cancellations – “not more, not less” than in late 2011. But cancellations overall are still much lower than at the peak of the down cycle, he says. Curado is ...


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