Republic Bankruptcy Hits Embraer Profit Hard

Embraer has taken a large hit on its operating profit in the fourth quarter as a result of the Republic Airways bankruptcy filing. The Brazilian manufacturer reported a $100.9 million charge in the fourth quarter, which cut the company’s operating profit margin to 5.4% from 7.4%. The charge is...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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