March 3, 2016 / 5:33 PM / 2 years ago

Embraer, Brazil concerned about state support for Bombardier -CEO

SAO PAULO, March 3 (Reuters) - Brazil and local planemaker Embraer SA are closely watching news of state support for Canadian rival Bombardier Inc’s new C-Series program with concern, Embraer Chief Executive Frederico Curado told analysts on Thursday.

“We are concerned that an artificial imbalance may be introduced into the market,” Curado said on a call to discuss fourth-quarter earnings. He said neither the company nor the government had decided whether to act on those concerns. (Reporting by Brad Haynes and Priscila Jordao)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below