July 28, 2017 / 1:45 PM / a year ago

Embraer business jet mix hurt margins, but orders are solid -CFO

SAO PAULO, July 28 (Reuters) - Brazilian planemaker Embraer SA posted a lower second-quarter gross profit margin on its business jets due to a delivery mix with fewer of its light Phenom jets, Chief Financial Officer Jose Filippo told journalists on Friday.

Filippo said on an earnings call that there signs of a recovery in the executive aviation market, albeit a slow one, and Embraer has been able to book orders for more business jets than it has delivered so far this year. (Reporting by Brad Haynes; Editing by Bernadette Baum)

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