Embraer's second quarter profits rise 120% on jet sales


SAO PAULO, Brazil (AP) - Brazilian aircraft manufacturer Embraer said Thursday that profits more than doubled in the second quarter, driven by strong sales of midsize commercial jets and the company's new, popular executive jets.

Empresa Brasileira Aeronatica SA, the world's fourth-largest plane maker, reported second- quarter profits of 176 million reals (US$110 million), up 120 percent from 80 million reals (US$50 million) in the same period a year ago.

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