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The Daily NewsBrief

The Daily NewsBrief

losses

Embraer Posts $121 Million Loss on COVID-19 Travel Restrictions

November 10, 2020 by Fourth Estate Wire

Brazilian aerospace company Embraer posted a $121 million loss for the third quarter, as the COVID-19 crisis and the lockdown measures imposed to contain its spread curbed travel across the world, hitting demand for commercial jets and private planes.

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