Word: executivespeak
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...orders have been postponed or converted into purchase options. Revenue is down significantly for both companies, and it was an ominous sign when a major competitor, Germany's Fairchild Dornier, filed for bankruptcy in April 2002. Embraer's usually brash CEO, Mauricio Botelho, 59, last month observed in nervous executivespeak, "The aerospace market right now is very sensitive to change...
...been postponed or converted into purchase options. Revenue is down significantly for both companies, and it was an ominous sign when a major competitor, Germany's Fairchild Dornier, filed for bankruptcy in April 2002. Embraer's usually brash ceo, Maurício Botelho, 59, last month observed in nervous executivespeak, "The aerospace market right now is very sensitive to change." Investors feel the same way. Embraer stock has fallen from the high $30s before the 9/11 attacks to about $14 in recent days. Shares in Bombardier are stuck below $3, down from about $18. The good news for Bombardier...
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