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EMBRAER boosted by wealthy customers seeking jets to avoid coronavirus

RIO DE JANEIRO, BRAZIL - Wealthier customers flying more in corporate jets to avert the risk of contracting coronavirus on commercial aircraft are driving EMBRAER's (EMBR3) growth.

Despite last year's collapse of the air travel industry during the pandemic, the manufacturer has seen improved demand for its small and medium-sized aircraft, said EMBRAER's CEO Francisco Gomes Neto.

New order deliveries jumped 57% in the first quarter . . .

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