Weaker Real, BizJet Deliveries Spur 3Q Embraer Loss

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...
William Garvey

Bill was Editor-in-Chief of Business & Commercial Aviation from 2000 to 2020. During his stewardship, the monthly magazine received scores of awards for editorial excellence.

Jessica A. Salerno

Jessica is Executive Editor of Business & Commercial Aviation magazine. She started as Editor of ShowNews Online, Aviation Week's on-site trade show daily published at the Paris Air Show, NBAA Annual Convention, Singapore Air Show and at other significant aerospace gatherings.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.