Delayed Boeing Deal Hits Embraer Results

Credit: KC-390: Embraer
The prolonged delay in closing Embraer’s sale of 80% of its commercial aircraft business to Boeing is eating into the Brazilian aerospace company’s finances in more ways than one, Embraer executives acknowledged Nov. 12 as they released their latest quarterly earnings. Embraer is lowering the amount...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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