Business & GA

Embraer Saw Growth in 2016 Q4

By S.L. Fuller | January 13, 2017

 

[Avionics Magazine 01-13-2017] Embraer delivered 108 aircraft to the commercial market and 117 to the executive aviation market in 2016, the Brazilian company says. With 225 aircraft delivered in total, 2016 brought the highest volume of deliveries in the last six years for Embraer. As of Dec. 31, 2016, the backlog totaled $19.6 billion.

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Lineage 1000E Ultra Large Business Jet. Photo: Embraer

Throughout the year, Embraer projected to deliver 105 to 110 commercial jets, 70 to 80 light executive jets and 35 to 45 large executive jets. The company aligned with those numbers, selling 73 light executive jets and 44 large executive jets. In the fourth quarter, the company delivered 32 commercial jets, 25 light executive jets and 18 large executive jets.

Some highlights from the fourth quarter, Embraer says, were the delivery of the 1,300th E-Jet to China’s Tianjin Airlines, the start of E170 operations in Russia with S7 Airlines and the contract signing with United Airlines for the firm sale of 24 E175 jets. The spare parts pool program also saw growth in the fourth quarter, and the company reached a milestone when it received a provisional type certificate from the Industrial Fostering and Coordination Institute for the KC-390 Basic Vehicle. Embraer also saw the opening of the Gripen Design and Development Network, with partner Saab.

"2016 was a year of major challenges in the aviation industry due to global economic and political uncertainties. In response to this scenario, Embraer is implementing important actions and making adjustments to be well positioned in all business segments it operates," says Embraer President and CEO Paulo Cesar de Souza e Silva. "In executive aviation, for example, we now have a stronger presence with larger executive jets, which indicates a more balanced mix."

 

 

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