Saved From Trump's Tariff, Brazilian Embraer Reaches a Record Amount of Orders

The Washington Hispanic

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Embraer, the third largest aircraft manufacturer in the world, announced on Tuesday a record amount in his order portfolio in the third quarter, after getting rid of a surcharge that the United States provided to Brazilian products. Orders amounted to $31.3 billion, a "unprecedented" figure driven by the commercial aviation sector, with an order portfolio of 490 aircraft, according to a statement. Embraer managed to dodge the punitive tariffs im…

airliners.de

Factuality

Ownership

Embraer recorded a record order backlog of 31.3 billion dollars (27.01 billion euros) at the end of the third quarter. According to a company stock exchange announcement, this corresponds to an increase of 38 percent compared to the same period last year. With 62 aircraft delivered, Embraer increased its deliveries by five percent compared to the 59 machines in the third quarter of the previous year.