Monday, 30 April 2018

Embraer sees first KC-390 delivery "closer to end of the year"

KC-390 - YouTube


Reuters

SAO PAULO (Reuters) - Brazilian planemaker Embraer SA is likely to deliver the first of its KC-390 military cargo jets to the Brazilian Air Force “closer to the end of the year,” an executive said on Friday, updating a forecast of the first delivery in 2018.

On an earnings call with journalists, executives also said the company is not expecting to see another increase in coming quarters of writedowns on the company’s portfolio of used ERJ-145 aircraft. The impairments boosted “other” operating expenses to $29.7 million in the first quarter, but that line should return to around $20 million to $25 million per quarter during the rest of the year, an executive said. [L1N1S40CE]

Reporting by Brad Haynes

Original post: reuters.com

Related post:
Repaired KC-390 test aircraft takes FIDAE bow
Brazil expects to receive first KC-390s this year
Embraer and SkyTech sign letter of intent for up to six KC-390 multi-mission aircraft
Embraer KC-390 Achieves Initial Operational Capability
KC-390 arrives in USA for flight testing
Embraer KC-390 set to resume flight testing after minor repairs
The Curious Case Of The KC-390 And Flight Tracking
KC-390 returns to base early after stall test

Embraer KC-390: Details

No comments:

Post a comment