Embraer posts $10 million 1Q net loss; commercial revenue down 21%

Credit: Embraer
Brazilian manufacturer Embraer posted a consolidated $10.2 million net loss for the first quarter of 2018, a reversal from the company’s $55.1 million net profit showing in the year-ago March quarter. Company-wide revenue for the quarter slipped 4.8% year-over-year to $992 million, while expenses...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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