Mar 19, 2021 SOURCE: AFP
Brazil's Embraer cuts losses but ends 2020 in the red
Brazilian plane-maker Embraer said Friday it cut its losses to $3.3 million in the fourth quarter, but ended pandemic-hit 2020 with a total net loss of $731.9 million, more than double the previous year.
Embraer, the world's third-biggest plane-maker, after Airbus and Boeing, has been gradually recovering from the devastation...
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