Embraer posted a first-quarter net loss of $23.4 million, reversed from an $85 million profit in the year-ago period, as commercial aircraft deliveries dropped 15.8% to 32. Commercial aircraft sales slid 6.4% to $870.4 million and the Brazilian manufacturer conceded that it had incurred an undisclosed number of "deferrals of deliveries scheduled for the commercial aviation segment." It revised down its delivery guidance for all aircraft in 2009 to 242 from 270 previously, with 115 commercial ...

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