Planemaker Embraer CEO says supply chain has been improving

Planemaker Embraer CEO says supply chain has been improving

SAO JOSE DOS CAMPOS (Reuters) -The chief executive of Brazil's Embraer said on Friday that supply chain issues impacting planemakers have been improving but some challenges remain. Francisco Gomes Neto told reporters at an event in Sao Jose dos Campos, where the company is based at, that Embraer is in a "very good place" right now after overcoming some difficult years. Embraer intends to invest some 2 billion reais ($390.9 million) in the country this year and hire over 900 people, Neto said at Friday's event alongside Brazilian President Luiz Inacio Lula da Silva.

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