Brazil’s Embraer Posts US$100 Million Loss in Q3, 2015

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Embraer in Brazil, the world’s third largest commercial aircraft manufacturer closed the third quarter of 2015 with a net loss of US$109.6 million. At the same time last year, the loss totaled US$10.7 million. According to the company the devaluation of the Brazilian real in relation to the U.S. dollar was the main contributing factor for surge in losses.

During the third quarter of . . .

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