By Juliet Van Wagenen | October 28, 2015
|Embraer topped last year’s commercial airplane deliveries to post a steady fourth quarter. Photo: Embraer|
[Avionics Today 10-28-2015] Embraer has released its third quarter 2015 results, posting revenues of $1.2 billion, representing an increase of 3.6 percent compared to the same quarter in 2014. The increase was driven by growth in the commercial aviation and executive jets segments, as revenues in the defense and security segment declined 47.5 percent in the quarter.
Embraer delivered a total of 21 commercial and 30 executive aircraft (21 light jets and 9 large jets) this quarter, compared to a total of 19 commercial and 15 executive aircraft (15 light jets) in the same period in 2014. Over the first nine months of 2015, the company delivered 68 commercial and 75 executive aircraft (57 light jets and 18 large jets), compared to 62 commercial and 64 executive aircraft (54 light jets and 10 large jets) in the first nine months of 2014.