Embraer sees signs of recovery in demand

After more than a year without substantial businesses due to the pandemic, plane maker Embraer received a sizable order for 30 jets E-195-E2 from an undisclosed client and sees other signs of improvement in demand. According to CEO Francisco Gomes Neto, the company remains focused on its strategic plan to recover revenue and profitability in the short and medium term. Embraer reported net revenue of R$4.45 billion in the first quarter, with an increase of 55% in the annual comparison and improvement in all business segments. Net loss was reduced by 62%, to R$489.8 million.

Source: Valor international