FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company’s headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio
May 12, 2020
SAO PAULO (Reuters) – Brazil planemaker Embraer <EMBR3.SA> said Tuesday it delivered just five commercial jets in the first quarter, less than half what it delivered a year ago, blaming the slump on its preparations for a deal with Boeing Co <BA.N> that ultimately fell apart.
The company said its backlog, a gauge of future revenue, stood at $15.9 billion, compared with $16.8 billion three months ago.
(Reporting by Marcelo Rochabrun, editing by Louise Heavens)
