Brazilian aircraft manufacturer Embraer SA announced on Friday that it and the nation’s Air Force had resolved their long-running disagreement by cutting the number of KC-190 aircraft ordered from 22 to 19.
The Air Force wanted to decrease orders to 15 aircraft, or almost half of its initial 28-aircraft purchase, which was already down to 22.
The option of further unilateral order reductions was definitively eliminated, according to Embraer in a securities filing. It said that the arrangement maintains its cash flow and does not alter its 2022 guidance.
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