Embraer posts $106 million 1Q net profit

Credit: Embraer
Brazilian manufacturer Embraer reported a consolidated net profit of $106 million for the 2016 first quarter, reversing its $58.9 million net loss in 1Q 2015 . Embraer’s first-quarter consolidated revenues were $1.31 billion, up 23.9% year-over-year (YOY); operating expenses in the first-quarter...
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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