Embraer Revenue, Profit Fall In 2015

Credit: Embraer 175: Bene Riobó
Embraer took a large hit on its operating profit in the fourth quarter of 2015 as a result of the Republic Airways bankruptcy filing. The Brazilian manufacturer reported a $100.9 million provision in the fourth quarter, which took down the company’s operating profit margin from 7.4% to 5.4%. The...

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