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UPDATE 1-Brazil's Embraer posts small profit, but expects loss in 2019

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Aug 14 (Reuters) - Brazilian planemaker Embraer on Wednesday swung to a $7.2 million profit in the second quarter, as higher revenue at its executive jets business helped offset lower commercial jet sales.

The company reported a loss of $131 million a year earlier.

Embraer, however, does not see itself posting a profit by the end of the year, the company said, reaffirming previous guidance. The planemaker posted a loss in 2018.

Embraer's recent struggles to turn consistent profits have raised questions about the company's results in the future because it is in the midst of selling 80% of its commercial aviation division, historically its most profitable, to Boeing Co.

Embraer expects that transaction to close by the end of the year, after which it will have to rely on its remaining divisions, executive jets and defense contracting, to drive most of its bottom line.

During the first six months of the year, Embraer posted operational losses in its commercial, executive and defense divisions.

Embraer said it expects to deliver its first new cargo military plane, known as the KC-390, to the Brazilian government by the end of the year.

Embraer and Boeing have signed a separate deal to jointly market the plane, which the Brazilian planemaker hopes will draw orders from governments which are allies of the United States. (Reporting by Marcelo Rochabrun; editing by Deepa Babington and Jason Neely)