Business

Suffering losses, Embraer’s hopes depend on Boeing joint venture

Embraer boeing losses

Since December 2017, Embraer shares have been swinging following the news of a joint venture with American planemaker Boeing. Over a year later, the deal still awaits regulatory approval and the jewel of Brazil’s aerospace sector has suffered its first annual loss in a decade. Investors are wondering how long it will take to see better returns.

Embraer posted a loss of BRL 669 million in 2018, compared to its BRL 850.7 million profit in 2017. Results for the fourth quarter...

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