The company is forecasting revenue of USD5.25 billion this year, and cannot say when revenue will return to pre-recession levels. At the end of 2Q2010, Embraer lifted its guidance from USD5 billion.
At the end of 1H2010, Embraer’s order backlog was USD15.2 billion, the lowest it has been since the end of 1Q2007. The majority of the value of the backlog rests in the company’s Ejet family, with outstanding orders for......
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