Embraer At A Crossroad

By Joseph C. Anselmo, Anthony L. Velocci, Jr.
Sao Jose dos Campos, Brazil

There are a lot of ghosts in the civil aircraft industry. Companies that have left the business or been acquired in recent decades include such names as McDonnell Douglas, Lockheed, Fokker, Saab, Fairchild and British Aerospace. But the list of brand-new companies that entered the passenger aircraft market after Airbus in 1970 and thrived contains but one name: Embraer ...

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