Sao Jose dos Campos, BRAZIL — Embraer expects the business aviation market to remain down for the rest of the year, despite record corporate profits and a record number of high-net-worth individuals (HNWIs). But Embraer Executive Jets President Ernest Edwards, speaking to reporters in Sao Jose dos Campos, Brazil, believes those trends will position the industry to take off in the future. “Market recovery is in slow motion,” Edwards says. Corporate profits are topping $2 trillion and ...

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