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Tuesday, October 15, 2013

Embraer's Backlog Increases to $17.8 Billion in Third Quarter

Woodrow Bellamy III

Embraer's backlog of firm aircraft orders increased to $17.8 billion during the third quarter, the Brazilian airframe manufacturer said Tuesday. 
[Computer rendering of Embraer's second generation E2 jets. Photo, courtesy of Embraer.]
The order backlog is the highest level since the third quarter 2009, when Embraer reported a backlog of $18.6 billion. During the third quarter 2013, Embraer delivered 19 total commercial jets and 25 business jets, for a total of 44 deliveries, up from 40 jets delivered during the same period a year ago. 

The company's biggest announcement of the quarter was a firm order for 50 of its E2 series jets, a $2.85 billion purchase at current list prices. The E2, Embraer's second generation of its flagship regional E-Jets, is scheduled to enter service in 2019.  


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