Analyst expects Embraer to work on new narrow-body jet

08/3/2011 | Aviation Daily

Ronald Epstein, an analyst at Bank of America Merrill Lynch, said Brazil's Embraer is likely to develop a new narrow-body jet, focusing on the lower end of the market. "The company can utilize its Rolodex of customers and existing service network to grow into a new market," Epstein wrote in a note to clients.

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