June 1, 2020 / 10:31 AM / a month ago

Brazil's Embraer reports $292 million loss on coronavirus, failed Boeing deal

SAO PAULO, June 1 (Reuters) - Brazilian planemaker Embraer reported on Monday a loss of $292 million for the first quarter, driven by lower sales due to the coronavirus pandemic and costs related to a failed deal with Boeing Co .

Revenues in the quarter fell 23% to $634 million. (Reporting by Marcelo Rochabrun; Editing by Edmund Blair)

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