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Embraer delivers record third quarter results as defence orders soar

written by Newsdesk | October 21, 2024

Global aerospace manufacturer Embraer has posted a 33 per cent increase in aircraft deliveries for the third quarter of 2024, driven by strong growth across its commercial and executive jet divisions.

The Brazilian company delivered 57 aircraft in the quarter compared to 43 in the same period last year, while its order backlog reached a nine-year high of US$22.7 billion.

Defence and security orders led the growth, with the segment’s backlog jumping 70 per cent after securing new contracts.

The company delivered two C-390 Millennium military transport aircraft during the quarter.

Executive jet deliveries rose more than 45 per cent year-on-year to 41 aircraft.

Commercial aviation delivered 16 jets, including the first E2 aircraft to LOT Polish Airlines.

The company’s Services & Support division saw its backlog grow by 27 per cent to US$3.5 billion.

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Embraer expanded its customer support network in Asia-Pacific through new partnerships with SIA Engineering Corporation and Fokker Services Asia.

The Praetor 500 and 600 medium-sized jets accounted for nearly half of executive aviation deliveries with 19 aircraft.

The Phenom 300 maintained its market leadership with 18 deliveries.

Virgin Australia placed a new order for eight E190-E2 aircraft during the quarter.

The Netherlands and Austria signed contracts for nine C-390 military transport aircraft at the Farnborough International Airshow.

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