Embraer reports significant third quarter profit rise.
AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD
Brazilian aircraft manufacturer Embraer has announced a 2004 third quarter net profit of BRL396.9m, up from BRL88.9m in the third quarter of 2003.
Embraer is the world's fourth largest aircraft manufacturer and
Net revenue for the third quarter totalled BRL2.73bn, up from BRL1.30bn in 2003. Embraer's backlog of firm orders was up to USD11bn at the end of September 2004 from USD10.5bn at the end of June 2004, reports Reuters.
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