In a week of updates for the company, Embraer unveiled a medevac version of the Phenom 300 series—aptly called the Phenom 300MED—on August 4, and it presented its second-quarter financial results on August 5.
Embraer Debuts Phenom 300MED for Medevac
Key Takeaways:
- Embraer unveiled the Phenom 300MED, a new medevac version of its Phenom 300 series, developed with partners to feature customizable, hospital-grade interiors and an optimized cabin altitude for patient comfort.
- The company reported a challenging second quarter, posting a $198.8 million adjusted net loss and negative EBIT/EBITDA, primarily due to a weak commercial aviation market and significant non-cash special items, leading to the suspension of its 2020 guidance.
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