The U.S. regional airline industry’s difficulties have already impacted $600 million of Embraer’s loan guarantees, and the value of this exposure likely will grow once negotiations to restructure American Eagle Airlines’ ERJ fleet are concluded. Embraer last month acknowledged that it was in talks with Republic Airways Holdings’ Chautauqua Airlines unit to restructure the outstanding financing arrangements on the carrier’s fleet of ERJ jets. Yesterday, the Brazilian manufacturer, in ...

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