Brazil’s Embraer adjusting production after deal with Boeing collapses

SAO PAULO, April 26 (Reuters) – Brazil planemaker Embraer SA mentioned that when a $4.2 billion take care of Boeing Co fell aside over the weekend, it’s running on adjusting manufacturing ranges and capital expenditures, in addition to running to maintain money.

The corporate added in a observation that it completed 2019 with a “forged money place” and had no “important debt within the subsequent two years.” (Reporting by means of Marcelo Rochabrun; Editing by means of Lisa Shumaker)

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