SAO PAULO (Reuters) -Brazilian planemaker Embraer reported on Tuesday an adjusted net loss of 63.5 million reais ($12.51 million) for the first quarter, less than the 460.5 million-real loss it posted a year earlier, according to a securities filing.
The improved results came in as the world’s third-largest planemaker delivered a total 25 jets in the period, 67% more than a year ago, leading its net revenues to jump 19% to 4.5 billion reais.
Embraer reaffirmed its estimates for 2024, including deliveries of 72 to 80 commercial aircraft and 125 to 135 executive jets, with total revenues expect to hit $6 billion to $6.4 billion.
($1 = 5.0758 reais)
(Reporting by Gabriel Araujo; Editing by Andrew Heavens and Louise Heavens)
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