Embraer faces decision on building new family of jets

05/25/2011 | Reuters

Frederico Curado, CEO of Embraer, said the aircraft maker will likely take more than a year to make a decision regarding the development of a new aircraft with 120 to 150 seats. "We have to make a decision in the short to medium term, and that would be something between 12 and 18 months," Curado said.

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