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Brazilian guy here: Embraer is in deep trouble ever since before the pandemic, when their merge deal with Boeing went south after the Max debacle. I would reall
by kikokikokiko 3y ago
Brazilian guy here: Embraer is in deep trouble ever since before the pandemic, when their merge deal with Boeing went south after the Max debacle. I would really like to believe otherwise, but I can only see this as vaporware intended to pump the stock price of Embraer. Flying taxi drones as an economic viable alternative, on a 3rd world country nonetheless, is a hard nut to crack. If even their helicopter taxi venture proof of concept was not being profitable, using a proven technology. How in hell will they make this drone experiment be profitable then?
- epups 3y agoAs far as I can tell, they experienced a dip during the COVID period but they have a healthy financial outlook right now: https://airinsight.com/embraer-improves-operating-profit-after-strong-q4/ https://airinsight.com/embraer-improves-operating-profit-aft...