Business

Brazil's Embraer announces 3rd quarter loss

Brazilian plane-maker Embraer announced on Monday a third quarter loss of 160.4 million reais ($30.2 million) due to falling revenue in its defense and security sectors.

Energy & Green Tech

Hazy timeframe for reaching electric plane era

Recent test flights suggest the era of electric airplanes is coming closer, but aviation experts caution that achieving commercial use hinges on regulatory approval which has an unknowable timeframe.

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