Plunge in business aviation weighs on Embraer's 2008 results

03/30/2009 | AviationWeek.com

Embraer's CEO says a 27% drop in business jet revenues for the fourth quarter precipitated a 20.6% decline in net profit for all of 2008. For the full year, Embraer's commercial sales were up 3%, and government/defense sales rose 17.5%. Frederico Fleury Curado said the company won't consider any changes to its commercial lineup for approximately two years as it awaits advances in airframe and engine technology, as well as moves by Boeing Co. and Airbus.

View Full Article in:

AviationWeek.com

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Chief Financial Officer
Desert AIDS Project
Palm Springs, CA
Multimedia Manager
Aerospace Industries Association
Arlington, VA
Director- Aviation, Travel and Tourism
The World Economic Forum
New York, NY
Manager, Corporate & Foundation Relations
Point Foundation
New York, NY
Director of Marketing
Safe Flight Instrument Corporation
White Plains, NY