Company just released an announcement that it has recieved orders from the large Brazilian aircraft manufacturer for $250,000.
The company is is now in the process of preparing the next stage,which will include a flight test of the Company's new on board CMV system.
Embrauer has become one of the largest aircraft manufacturers in the world by focusing on specific market segments with high growth potential in commercial,defence,and executive aviation.Among aircraft manufacturers ,it currently has the fourth largest workforce ( behind Boering,Airbus& Bombardier). It is also has the third largest delivery of commercial aircraft(behind Boering & Airbus )
The prediction to be cash positive by 2008 ,just might be on the way ,here's hoping.
new orders from embraer airline
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