Defence Notes

Embraer reports $23.4 million loss for 1Q09

1st May 2009 - 17:03 GMT | by The Shephard News Team

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Embraer recorded first quarter 2009 (1Q09) net sales of $1,154.1 million and a net loss of $23.4 million.

Owing to the severe worldwide economic downturn since September 2008, Embraer recorded cancellations of some of the firm orders of its executive aviation backlog as well as deferrals of ...

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