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Friday, March 23, 2007

Embraer Recorded $3.8 Billion in Net Sales for 2006

Embraer recorded fourth quarter 2006 net sales of US$1,084.1 million and net sales for fiscal year 2006 of $3,807.4 million. Net Income for the fourth quarter of 2006 and full-year totaled US$124.4 million and US$390.1 million. The firm order backlog as of December 31, 2006, increased 11.3% over the previous quarter totaling US$14.8 billion, a record high.In the fourth quarter of 2006, Embraer announced 75 new firm orders for the Commercial Aviation segment and achieved more than 225 new firm orders in 2006. New customers such as Northwest NWACQ), Virgin Blue in Australia, Sirte Oil in Libya, Air Caraibes in Guadeloupe and Kenya Airways were added to the order backlog in the last quarter of 2006. Sales for the Executive jets segment continue to grow, especially for the Phenom family with more than 350 firm orders as of December 31, 2006. The ERJ170/190 E-jets currently has 619 firm orders and 568 options booked. For a complete report see the March 26 issue of Regional Aviation News.

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