TALLNYC9

Has Embraer Hit Bottom?

I hope when more Brazilian Airlines start buying Embraer's jet the situation gets better. TAM and GOl don't use any Embraer jet at this point, no wonder the fare rates in Brazil are very high. Azul Linhas Aereas Brasileiras (David Neeleman's from Jet Blue) will start his company in Brazil using only Embraer Jets in 2009. The competition will grow I hope things gets better then and the shares ERJ increase its value again.