(Reuters) - Earnings before interest, tax, depreciation and amortization, a measure of cash flow known as EBITDA, fell to 91.4 million reais from 179 million reais in the first quarter of 2006.
Embraer, short for Empresa Brasileira de Aeronautica, is the world's fourth-largest commercial jet maker. It finished the first quarter with a firm order backlog of $15 billion, up from $10.4 billion a year earlier and $14.8 billion at the end of 2006.
Read more at Reuters.com Market News
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