Business Jet Market’s Sluggishness Chipping Away At Embraer’s Backlog

The continued sluggishness of the business jet market is still chipping away at Embraer’s backlog, which once approached nearly $21 billion but now is under $15 billion. Backlog fell $700 million in the past three months from $15.4 billion at the end of 2011 to $14.7 billion at the end of March...

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