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Embraer reports 17 commercial aircraft deliveries in Q3 2019

written by WOFA | November 4, 2019

Embraer E195-E2 demonstrator PR-ZIQ in Sydney. (Seth Jaworski)
Embraer E195-E2 demonstrator PR-ZIQ in Sydney. (Seth Jaworski)

Embraer has reported a slight increase in commercial aircraft deliveries in the third quarter of calendar 2019.

The Brazil-headquartered airframer said on October 31 (Brazil time) that it delivered 17 commercial aircraft in the three months to September 30 2019, comprising 13 E175s, two E190s, one E190-E2 and one E195-E2.

The figure is up from 15 deliveries in the same quarter a year ago.

Embraer said its commercial aircraft backlog stood at 345 aircraft at September 30 2019, which included 181 E175s and 123 E195-E2s. The backlog is a decrease of 18 aircraft from 363 aircraft at June 30.

In mid-September, Embraer commenced deliveries of its E195-E2 regional jet, the largest commercial aircraft produced by the Brazilian company and the second of three E2 variants that were launched in 2013, to launch customer Azul.

The Brazil-based airline was expected to receive five more E195-E2s before the end of calendar 2019.

Meanwhile, Embraer and Boeing were continuing to work on cementing their proposed joint-venture that was first announced in June 2018.

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Under the deal, Boeing would acquire an 80 per cent stake in Embraer’s commercial aircraft operations for US$4.2 billion, effectively adding the E-Jet family to its own commercial airliner line-up.

Embraer will hold a 20 per cent stake in the new JV.

The tie-up required the approval of antitrust authorities in Brazil and the United States.

While it was initially planned for the transaction to be completed by the end of calendar 2019, Boeing and Embraer announced in October they now expected the transaction to be finalised in early 2020.

The updated timeline followed the European Commission saying it planned to take a closer look at the proposed deal.

Embraer 2019-2038 market outlook published in June forecast demand for 10,550 new aircraft with up to 150 seats over the next 20 years.

Asia Pacific is forecast to take the biggest market share in this segment with 28 per cent, behind North America at 27 per cent.

Embraer E195-E2 demonstrator PR-ZIQ in Brisbane. (Lance Broad)
Embraer E195-E2 demonstrator PR-ZIQ in Brisbane. (Lance Broad)

Business jet deliveries up in second quarter

Meanwhile, Embraer said it delivered 27 business aircraft in the third quarter.

There were 15 aircraft in the light jets category – one Phenom 100s and 14 Phenom 300s. The remainder were in the large category – four Legacy 450s, one Legacy 500 and seven Praetor 600s, which was certified in April 2019.

This was up from 24 aircraft in the prior corresponding period.

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