Embraer delivered a entire of 57 jets in 3Q24 – an amplify of 33 p.c when put next with the an identical length final year (year-on-year) and 24 p.c over to the old quarter (quarter-on-quarter). Industrial aviation delivered 16 jets and Executive aviation delivered one more 41 jets. Meanwhile, Protection & Security delivered 2 C-390 Millennium plane at some level of the quarter – the first plane to Hungary and the seventh to Brazil.
The firm wide backlog reached US$22.7 billion in 3Q24 (or bigger than 25 p.c better yoy and practically 10 p.c better qoq) – at a 9-year high level. Protection & Security registered the finest amplify in backlog (+US$1.5 billion) adopted by Providers & Reinforce (+US$367 million), while Executive and Industrial Aviation recorded marginal decreases (-US$184 million and -US$168 million, respectively).
Industrial aviation
In Industrial Aviation, deliveries reached 16 jets (underpinned by 12 units from the E2 family and 4 from the E1) at some level of the length, up bigger than 5 p.c yoy. The highlight used to be the provision of the first E2 plane beneath a contract signed with a lessor to invent LOT Polish Airways – the settlement contains two extra jets before year-discontinuance. Furthermore, Virgin Australia placed a firm elaborate for eight E190-E2 shrimp narrowbody plane at some level of the quarter. Consequently, the segment’s backlog reached US$ 11.1 billion in 3Q24, practically 30 p.c better yoy and marginally lower qoq.
Executive jets
In Executive Jets, deliveries reached 41 units and elevated bigger than Forty five p.c yoy and bigger than 50 p.c qoq. The backlog of the industry unit reached US$ 4.4 billion at some level of the quarter, 3 p.c better yearly however 4 p.c lower sequentially.
The nominal decline within the backlog from its historical height level may per chance even be explained by stronger development (better deliveries) and a seasonally slower length for sales on fable of summer within the northern hemisphere.
The mid and good-mid sized jets Praetor 500 and Praetor 600 represented cease to half of the segment deliveries (19 jets) boosted by the clear momentum for this plane family. Meanwhile, the Phenom 300, the finest-promoting plane in its class for 12 consecutive years worldwide, used to be as soon as extra the high performer (18 jets) at some level of the quarter.
Defence and security
In Protection & Security, the Hungarian Air power took provide of its first C-390 Millennium, and the Brazilian Air Power got its seventh unit. A brand recent firm contract for the acquisition of nine C-390 plane used to be signed with the Netherlands and Austria, and presented on the Farnborough World Airshow (FIA). The clear momentum carried over to the A-29 Swish Tucano, with sales contracts signed with Paraguay and Uruguay. The segment’s backlog reached US$ 3.6 billion, up circa US$1.5 billion or about 70 p.c both qoq and yoy.
Providers and make stronger
The backlog of Providers & Reinforce reached US$ 3.5 billion for an amplify of bigger than 25 p.c yoy and bigger than 10 p.c qoq. The firm presented within the third quarter the growth of its buyer make stronger network within the Asia-Pacific residing through partnerships with SIA Engineering Corporation and Fokker Providers Asia, and within the United States with utter investment in recent companies and products in Texas.
