Brazil’s Embraer posts quarterly loss due to fewer plane deliveries

Embraer SA reported a $42.5 million loss for the first quarter on Wednesday, its fifth straight quarter of losses, as revenue fell amid fewer plane deliveries and as the Brazilian planemaker spent heavily ahead of a deal with Boeing Co.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/SPT5Rj7xRBw/brazils-embraer-posts-quarterly-loss-due-to-fewer-plane-deliveries-idUSKCN1SL14B