Embraer earned net income of $167.8 million in 2016, more than doubling a net profit of $80.8 million in 2015, as the company delivered seven more commercial aircraft in 2016 versus 2015. The Brazilian manufacturer said commercial aircraft deliveries, which totaled 108 in 2016, will dip to between 97 and 102 in 2017, more in line with 2015’s 101 total. Embraer’s 2016 revenue rose 5.1% year-over-year to $6.2 billion. Expenses increased 4.1% to $5 billion and operating income was ...

Subscribe to Access this Entire Article

"Embraer doubles net profit in 2016" 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.

Already registered? here.