Embraer reported net income of $139.1 million for the second quarter, a 67.7% increase over the $82.9 million earned during the same period a year ago. Net sales for the three months to June 30 were $1.02 billion compared to $812.4 million in the year-ago quarter. The company reported a firm order backlog valued at $10.2 billion, a little more than 12% of which represented executive aviation business. The Brazilian manufacturer delivered 36 jets during the quarter comprising 30 commercial ...

Subscribe to Access this Entire Article

"Embraer reports solid second quarter, forecasts strong second half" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.