Business

Embraer Receives $ 97 mm Guarantee from U.S. Foreign Trade Agency

The U.S. export and import bank approved a $ 97.2 million working capital loan guarantee for Embraer’s executive jet unit in the country. Embraer is struggling to create a new future since Boeing cancelled its $ 4.2 billion acquisition of the Brazilian manufacturer’s commercial aircraft arm in April.

Source: Money Times

Categories: Business