Embraer reports first-quarter losses but says production will increase

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By Bryan Corliss

May 5, 2023 © Leeham News – Embraer on Thursday reported a loss in what typically is a slow quarter for the Brazilian jet-maker.

However, executives talked up plans for production ramp-ups and ongoing sales campaigns as they pointed toward growth in future quarters.

“We are on track and we are going to get there,” CEO Francisco Gomes Neto said.

  • Deliveries up year-over-year
  • Supply chain ‘still challenging’
  • 11 active campaigns involving 200 jets

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