Embraer's executive team with its E-2 jet at Paris Air Show. Photo courtesy of Embraer
Embraer released its third quarter 2017 results, with the Brazilian OEM delivering a total of 25 commercial jets and 20 executive jets. The backlog for Embraer now stands at $18.8 billion, a slight increase after the second quarter, when Embraer’s backlog stood at just $18.5 billion.
In 2018, Embraer is expecting more of “a transition year,” due to the entry into service of the first E2 model, the E190-E2, combined with what it sees as "a still flattish market for business jets and military aircraft."
The company released 2018 Outlook for total revenues of $5.3 billion to $6 billion, with deliveries of 85 to 95 jets in commercial aviation and 105 to 125 jets in executive jets.