Embraer revenue slides 10% in 1H2010, net profit remains strong – Suppliers Share Wrap

Despite a 10% drop in revenue in the first half of 2010, Embraer has lifted its full-year revenue guidance, based on recent strong ordering. At the Jul-2010 Farnborough Airshow, the Brazilian manufacturer secured 35 firm orders and 46 LoIs for new aircraft, with another 70 purchase options taken by customers.