Embraer Delivers Seven Commercial and Eight Executive Jets in 1Q23

  • Investing.com
Embraer Delivers Seven Commercial and Eight Executive Jets in 1Q23

Embraer (ERJ; B3: EMBR3) delivered a total of 15 jets in the first quarter of 2023, of which seven were commercial aircraft and eight were executive jets (six light and two large). This total volume represents 7% growth compared to the same period of the previous year. As of March 31, the firm order backlog totaled USD 17.4 billion.

Deliveries by Segment

1Q23

Commercial Aviation

7

E175

2

E195-E2

5

Executive Aviation

8

Phenom 100

2

Phenom 300

4

Light Jets

6

Praetor 600

2

Midsize Jets

2

TOTAL

15

This first quarter was marked by the confirmation that for the 11th consecutive year, Embraer's Phenom 300 series remains the best-selling light jet in the world, according to the General Aviation Manufacturers Association (GAMA). Embraer delivered 59 Phenom 300 series light jets in 2022 to achieve this milestone, and to date, the series has accrued more than 700 deliveries. The Phenom 300MED, a unique Medevac solution, received Supplemental Type Certificate (STC) from the U.S. Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) this quarter as well.

In the Services & Support segment, Embraer announced the signing of a services contract with the Philippine Air Force (PAF) to support the country's A-29 Super Tucano fleet. The deal will support more than 200 A-29 components. The company also revealed three new customers for the use of Beacon, the maintenance coordination digital platform that connects resources and professionals for a faster return-to-service.

Air New Zealand and Embraer signed a collaboration agreement for next-generation sustainable aircraft programs, expanding the membership of Embraer's Energy Advisory Group. Embraer Defense & Security held an exhibition of its portfolio of products and innovative solutions in the European, Asian and Middle East markets, prior to the recent announcements made at LAAD, the main defense and security fair in Latin America.

Backlog - Commercial Aviation (March 31, 2023)

Aircraft Type

Firm Orders

Deliveries

Firm Order Backlog

E170

191

191

-

E175

815

730

85

E190

568

568

-

E195

172

172

-

E190-E2

25

18

7

E195-E2

245

56

189

Total

2,016

1,735

281

Note: Deliveries and firm order backlog include orders for the Defense segment

placed by State-run airlines (Satena and TAME).

About Embraer

A global aerospace company headquartered in Brazil, Embraer (ERJ; B3: EMBR3) has businesses in Commercial and Executive aviation, Defense & Security, and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing Services & Support to customers after sales.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets with up to 150 seats and the main exporter of high-value-added goods in Brazil. The company maintains industrial units, offices, service, and parts distribution centers, among other activities, across the Americas, Africa, Asia, and Europe.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles