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Weaker Real, BizJet Deliveries Spur 3Q Embraer Loss
November 11, 2014
Embraer Executive Jets’ slide in deliveries spurred revenues for the segment to drop by nearly one-third and helped contribute to a $10.7 million loss for the parent company in the third quarter. Embraer said the loss is largely due to a weakening of the Brazilian Real that led to a higher income...
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