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Embraer’s losses widen to US$178.1 million in first half 2023
August 15th 2023
Embraer has booked net losses of US$178.1 million for the six months to June 30 against a US$89.6 million net loss in the same months in 2022. Read More » Revenue declined 19.4%, to US$1.6 billion, Embraer said in a regulatory filing. The Brazil-headquartered OEM reported 24 commercial aircraft deliveries in interim calendar 2023, up from 17 a year ago. Embraer said US$700 million of additional firm commercial aircraft sales will be included in its third quarter backlog.