Aircraft
Embraer Maintains Outlook Despite Bizjet Sales Slide
Company executives see challenging market, but maintaining activity.

Embraer Executive Jets sales plunged by about 44 percent in the first quarter as deliveries of its large jets fell by seven units and light jets by one, the company reported this morning. The Executive Jets division brought in $226 million in the first quarter, compared with $401.8 million in the same period last year. Embraer earlier had reported that first-quarter business jet deliveries had fallen from 23 in 2016 to 15 in the most recent quarter.

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