Tag: Francisco Gomes Neto

• Friday, July 18th 2025 - 10:19 UTC

  Embraer likens Trump's tariffs to Covid-19 slowdown

  

  Brazillian aircraft manufacturer Embraer, the third-largest in the world behind Boeing and Airbus, estimated that the tariffs announced by the United States against Brazil could have an impact similar to that of the Covid-19 pandemic, when the company saw a 30% drop in revenue and had to reduce its workforce by around 20%.

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• Monday, August 16th 2021 - 06:53 UTC

  Embraer shares soar as Brazilian aircraft manufacturer shows profits

  

  Stock of Brazilian aircraft manufacturer Embraer went up as the company showed profits last week worth R $ 438.1 million (US $ 87.9 million) despite the pandemic's impact on the airline industry.

• Monday, April 27th 2020 - 07:45 UTC

  Collapse of Boeing deal plunges Brazilian plane maker Embraer into an uncertain future

  

  Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co jettisoned a US$ 4.2 billion commercial aerospace tie-up amid the coronavirus crisis.