A surge in new aircraft orders helped boost Embraer's 2007 net income to $489.3 million, a 25.4% increase over the $390.1 million earned in the prior year. The Brazilian manufacturer reported sales of $5.25 billion, up 39.6%. Its firm-order backlog increased 9.3% over the previous year, reaching a record high of $18.8 billion, and comprised 764 firm orders plus 786 options. Its efforts to streamline production, which featured the hiring of an additional 4,500 workers, contributed to the ...

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