Embraer to receive $600 million loan, partly backed by government, due to coronavirus

June 15, 2020 admin Business News Comments Off on Embraer to receive $600 million loan, partly backed by government, due to coronavirus

Planemaker Embraer said on Monday it will receive a $600 million loan, financed partly by Brazil’s government, to help the company weather the coronavirus crisis that has ravaged the air travel industry.

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Source:: Reuters – Business News