Embraer posts higher 3Q revenue, losses

Credit: Embraer
Embraer posted a net loss of $109.6 million, compared to a loss of $10.7 million year-over-year . The Brazilian manufacturer said the loss was due to $24.2 million in foreign exchange losses compared to 45.7 million in foreign exchange gains as well as income tax expenses of $164.4 million. Brazil’s...
Molly McMillin

Molly McMillin, a 25-year aviation journalist, is managing editor of business aviation for the Aviation Week Network and editor-in-chief of The Weekly of Business Aviation, an Aviation Week market intelligence report.

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