PARIS, May 1 (Reuters) - Brazilian planemaker Embraer ( ERJ )
is focused on selling its current portfolio of
recently developed products, a company spokesperson told
Reuters, adding there was no big capital expenditures (capex)
cycle in the works.
He was reacting to an earlier Wall Street Journal article
saying Embraer ( ERJ ) was exploring options for a new narrowbody jet
model to challenge the market dominance of Boeing ( BA ) and
Airbus.
"Embraer ( ERJ ) certainly has the capability to develop a new
narrow body aircraft. However, we have a young and very
successful portfolio of products developed in recent years, and
we are really focused on selling those products and making
Embraer ( ERJ ) bigger and stronger," the spokesperson.
"We don't have any plan for a sizable cycle of capex at this
time," he added