Brazilian manufacturer Embraer posted a second-quarter 2018 consolidated net loss of $124.7 million, a reversal from the company’s $72.1 million net profit showing for 2Q 2017. Company-wide revenue for the quarter fell 29.1% year-over-year (YOY) to $1.3 billion as total expenses for sales and services dropped 23.3% to $1.1 billion, producing a gross profit of $140.3 million, down 56% YOY. Embraer said its net result was negatively impacted by lower operating results combined with ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Embraer Incurs $125 Million 2Q Net Loss".

 

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.

Already registered? here.