Embraer Reports Higher Revenues, Smaller Loss In 1996
Embraer, demonstrating progress since its privatization in 1994, reported revenues of $414.6 million in 1996, a 14% increase over the $362.2 million it reported the previous year. Embraer lost $40 million in 1996, down 87% from $306.7 million in 1995. The number of employees shrank from 6,087 to 3...
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