Embraer posts $61.7 million net loss in 1Q

Linda Blachly April 30, 2015
Credit: Courtesy, Embraer
Embraer reported a $61.7 million net loss in the first quarter, reversed from a net profit of $110.6 million in the year-ago quarter. The Brazilian manufacturer attributed the loss mostly to income tax expenses of $118 million. First-quarter revenue was down 14.5% to $1.06 billion, compared to $1.24...
Linda Blachly

Linda Blachly is Senior Associate Editor for Air Transport World and Aviation Week. She joined the company in July 2010 and is responsible for producing features for Air Transport World’s monthly magazine and engaging content for the aviationweek.com. She is based in the Washington DC office.

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