Embraer will manufacture parts for the ventilator/respirator industry under a coalition that aim to increase availability of equipment to combat Covid-19.
Embraer Executive Jets revenues jumped 26.5 percent last year, but the company is withholding guidance for 2020 as it faces uncertainty surrounding Covid.
Acquired as a “capability gap-filler” to provide airpower between the F-111 and F-35, the F/A-18F has become a valuable and long-term asset for the RAAF.
Large-cabin business jet demand could drop 20 percent this year as a result of Covid-19, while the light and midsize segments could see more modest dips.