Embraer delivered a total of 57 jets in 3Q24 – an magnify of 33 p.c compared to the identical length final twelve months (twelve months-on-twelve months) and 24 p.c over to the old quarter (quarter-on-quarter). Business aviation delivered 16 jets and Executive aviation delivered one more 41 jets. In the meantime, Defense & Security delivered 2 C-390 Millennium airplane one day of the quarter – the first airplane to Hungary and the seventh to Brazil.
The firm huge backlog reached US$22.7 billion in 3Q24 (or bigger than 25 p.c greater yoy and nearly 10 p.c greater qoq) – at a 9-twelve months excessive stage. Defense & Security registered the ideally suited magnify in backlog (+US$1.5 billion) adopted by Companies and products & Enhance (+US$367 million), while Executive and Business Aviation recorded marginal decreases (-US$184 million and -US$168 million, respectively).
Business aviation
In Business Aviation, deliveries reached 16 jets (underpinned by 12 fashions from the E2 household and 4 from the E1) one day of the length, up bigger than 5 p.c yoy. The highlight used to be the transport of the first E2 airplane below a contract signed with a lessor to compose LOT Polish Airlines – the settlement includes two more jets sooner than twelve months-kill. Moreover, Virgin Australia positioned a firm expose for eight E190-E2 tiny narrowbody airplane one day of the quarter. Consequently, the segment’s backlog reached US$ 11.1 billion in 3Q24, nearly 30 p.c greater yoy and marginally lower qoq.
Executive jets
In Executive Jets, deliveries reached 41 fashions and increased bigger than Forty five p.c yoy and bigger than 50 p.c qoq. The backlog of the industrial unit reached US$ 4.4 billion one day of the quarter, 3 p.c greater yearly however 4 p.c lower sequentially.
The nominal decline in the backlog from its historical peak stage might per chance well additionally additionally be outlined by stronger development (greater deliveries) and a seasonally slower length for gross sales as a end result of summer in the northern hemisphere.
The mid and gargantuan-mid sized jets Praetor 500 and Praetor 600 represented end to half of the segment deliveries (19 jets) boosted by the particular momentum for this airplane household. In the meantime, the Phenom 300, the most animated-selling airplane in its category for 12 consecutive years worldwide, used to be all once more the kill performer (18 jets) one day of the quarter.
Defence and security
In Defense & Security, the Hungarian Air force took transport of its first C-390 Millennium, and the Brazilian Air Pressure acquired its seventh unit. A brand original firm contract for the acquisition of 9 C-390 airplane used to be signed with the Netherlands and Austria, and launched on the Farnborough Worldwide Airshow (FIA). The particular momentum carried over to the A-29 Super Tucano, with gross sales contracts signed with Paraguay and Uruguay. The segment’s backlog reached US$ 3.6 billion, up circa US$1.5 billion or about 70 p.c both qoq and yoy.
Companies and products and toughen
The backlog of Companies and products & Enhance reached US$ 3.5 billion for an magnify of larger than 25 p.c yoy and bigger than 10 p.c qoq. The firm launched in the third quarter the growth of its customer toughen community in the Asia-Pacific space thru partnerships with SIA Engineering Company and Fokker Companies and products Asia, and in america with bid investment in original companies and products in Texas.
