Brazilian manufacturer Embraer posted a second-quarter 2018 consolidated net loss of $124.7 million, a reversal from the company’s $72.1 million net profit showing for 2Q 2017. Company-wide revenue for the quarter fell 29.1% year-over-year to $1.3 billion as total expenses for sales and services dropped 23.3% to $1.1 billion, producing a gross profit of $140.3 million, down 56% year-over-year. Embraer said its net result was negatively impacted by lower operating results combined with ...

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