Embraer Delays Deliveries of KC-390 Airlifter by Two Years | Aviation International News

Embraer Delays Deliveries of KC-390 Airlifter by Two Years

The Brazilian manufacturer said its defense segment is being affected by reduced government spending and a devalued currency.

Embraer said the first flight of the KC-390 took place on February 3. The flight test series will begin this quarter. (Photo: Embraer)

July 30, 2015

Brazilian manufacturer Embraer has delayed the planned first deliveries of its KC-390 airlifter/tanker by two years to 2018, citing a slowdown in defense spending. Announcing its second- quarter financial results on July 30, Embraer reduced the revenue outlook of its defense and security segment, saying it expects to receive $300 million less this year due to devaluation of the Brazilian real and government spending cuts.

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