Embraer 190. Courtesy, Embraer. Embraer reported first-quarter net income of $106.3 million under IFRS accounting standards, an almost fourfold increase from a $27 million profit in the year-ago period. The company noted the earnings increase in part was owing to an income tax benefit of $2.6 million in the 2011 first-quarter compared to a tax liability of $50.1 million in the year-ago quarter. First-quarter revenue increased 6.4% to $1.06 billion. EBIT rose almost 33% to $94.3 ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.