Embraer posts 70% profit drop, 'studying' larger aircraft

Embraer, which yesterday reported a 70.5% drop in third-quarter net income to $57.7 million, revealed that it is considering building a larger aircraft potentially to compete with rival Bombardier's CSeries. CFO Antonio Luiz Pizarro Manso said during a conference call with media that the company is...

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.