{
  "id": 694753,
  "title": "Embraer raises outlook after record revenue",
  "url": "https://urgent.news/2026/08/11/embraer-raises-outlook-after-record-revenue",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-11T21:00:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/730957/business/embraer-raises-outlook-after-record-revenue"
  },
  "original_language": "en",
  "account": "Embraer, Brazil's third-largest aircraft manufacturer behind Airbus and Boeing, has raised its outlook due to record revenue and a surge in order backlog. In the second quarter, the company reported a 23% increase in revenue to $2.24bn, marking its highest revenue ever. Additionally, Embraer achieved its highest order backlog in the past seven quarters, reaching $34.5bn. The company expects about $110mn more in profits for 2026 compared to previous forecasts, largely due to a $68mn tax credit refunding previous tariffs and a portion of relief from US tariffs on Brazilian goods.\n\nEmbraer delivered 65 aircraft in the second quarter, surpassing the previous year's 61 deliveries. Notably, the United Arab Emirates placed the largest international order for 10 of Embraer's KC-390 military transport aircraft, followed by Colombia's recent order for two of these aircraft. CEO Francisco Gomes Neto attributed the company's strong performance to countries accelerating sales campaigns amid geopolitical situations, emphasizing the resilience of the air transportation industry despite rising ticket costs. Furthermore, Embraer's electric air mobility subsidiary, Eve, successfully completed its first transition flight, marking a significant milestone in the development of vertical take-off and landing aircraft for urban air transportation.",
  "summary": "Brazilian aircraft manufacturer Embraer said it expects higher profits than previously forecast in 2026 after record second-quarter revenues and an all-time high order backlog.The world's third-l...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}