21-Oct-2009 11:55 AM
Embraer forecasts slow recovery for business aircraft, EADS expanding North American ambitions
Analysis
Embraer President and CEO, Frederico Fleury Curado, speaking to AIN Online, stated that the company is not seeing signs of recovery in the business jet market and believes that a full recovery of the global banking system still has some time to go is. Any recovery will be "long and not necessarily steady, with ups and downs as the scenario gradually improves."
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