Embraer Cuts BizJet Delivery Outlook

Credit: Phenom 300: Embraer
Embraer has revised its business jet forecast downward due to a “more difficult than expected” market and has adopted a more cautious approach to this year, the company said July 29. The company also posted a net loss for the second quarter of 2016 and set aside a $200 million loss contingency in...

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