Brazilian manufacturer Embraer reported net income of $80.8 million for 2015, down 76.8% from the company’s $347.7 million net profit in 2014. Embraer’s 2015 revenue was $5.93 billion, down 5.7% year-over-year (YOY) from the manufacturer’s 2014 revenue of $6.29 billion. Embraer’s operating expenses for the year fell 2.6% YOY to $5.6 billion, resulting in operating profits of $331.5 billion, down 39% YOY. Embraer’s fourth-quarter 2015 net profit was $114 ...

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