Embraer posts $125 million 2Q loss on 19% jet deliveries decline
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 to $1.3 billion as total expenses for sales and services...
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