Aircraft
Embraer’s Commercial Unit To Remain a Loss Maker in 2021
Embraer CEO Francisco Gomes Neto calls next year “very challenging” for the company’s commercial aviation business.

Embraer expects its commercial aviation business to continue to lose money next year as the division remains in recovery mode despite an expected acceleration of E-Jet deliveries, CEO Francisco Gomes Neto conceded during the company’s third-quarter earnings call Tuesday. Neto added he doesn’t expect E-Jet sales to increase much beyond the anemic volume of 2020—a year that saw Embraer collect an order for 20 E175s from SkyWest in January but virtually no further commercial aircraft orders since the Covid outbreak and several delivery deferrals to at least 2022. However, the company suffered no order cancellations since the onset of the Covid crisis.