- Deliveries soared 50% in Commercial and 22% in Executive
Aviation compared to 3Q22
- Year to date, the company delivered 26 more jets compared to
the same period of 2022
- The firm order backlog ended the quarter at US$ 17.8 billion
SÃO JOSÉ DOS CAMPOS, Brazil, Oct. 26,
2023 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: EMBR3)
delivered 43 jets in 3Q23, an increase of 30% compared to 3Q22 when
33 aircraft were delivered. Commercial Aviation has shown robust
delivery growth, soaring from 10 to 15 aircraft, a 50% increase
compared to the same period in 2022. For Executive Aviation, there
was also an increase; 28 jets delivered (19 light and 9 medium)
represented a 22% increase compared to 3Q22.
The company has delivered a total of 105 aircraft in 2023 (39
commercial aircraft and 66 executive jets), a 33% increase compared
to the same period last year when 79 jets (27 commercial aircraft
and 52 executive jets) were delivered up to the third quarter.
For the second quarter in a row, Embraer had a double-digit
delivery growth: last quarter, the company's deliveries grew by 47%
compared to the same period in 2022.
Deliveries by Segment
|
3Q23
|
2023
|
|
|
|
Commercial Aviation
|
15
|
39
|
E175
|
6
|
18
|
E195-E2
|
9
|
21
|
|
|
|
Executive Aviation
|
28
|
66
|
Phenom 100
|
2
|
5
|
Phenom 300
|
17
|
39
|
Light Jets
|
19
|
44
|
Praetor 500
|
4
|
10
|
Praetor 600
|
5
|
12
|
Midsize Jets
|
9
|
22
|
|
|
|
TOTAL
|
43
|
105
|
The firm order backlog ended the period at US$ 17.8 billion, a US$
500 million increase versus the second quarter. This volume
represents the highest level of the company's backlog in one
year.
The Commercial Aviation backlog rose from US$ 8 billion to US$ 8.6
billion compared to 2Q23, with 42 aircraft sold by
September.
SkyWest ordered 19 new E175 jets for operation in the United
Airlines network, adding to the 90 E175 jets that SkyWest is
already operating with the airline. The 70-seat aircraft will be
delivered in a three-class configuration. This deal is part of the
Q3 backlog and deliveries will begin Q4 2024.
Another important deal in this quarter was with Luxair. The
Luxembourg-based airline ordered
four E195-E2s, including two purchase options and three purchase
rights for additional E2 jets. The deal also includes conversion
rights for the E190-E2, if requested by Luxair. The first delivery
is scheduled for the fourth quarter of 2025.
Air Peace, West Africa's
largest airline, also placed a firm order in Q3 for five Embraer
E175 jets. Deliveries of the 88-seat jets will start in 2024.
Binter has placed another firm order for six Embraer E195-E2
aircraft. This order will bring Binter's E2 fleet to 16 jets when
delivered. The deal was announced in June
2023 and was included in the 3Q23 backlog.
American Airlines recently signed and announced a firm order
with Embraer for four new E175s, which will be included in
Embraer's 2023 Q4 backlog. The aircraft will be operated by
American's wholly owned subsidiary Envoy Air. With all deliveries
in Q4 2024, Envoy's all-E-Jet fleet will grow to over 150 aircraft
by the end of 2024.
Executive Aviation strong backlog at US$ 4.3 billion, with a of book to bill 1.5:1,
highlights the high volume of jet sales and deliveries. The
business unit continues its sales momentum with sustained demand
across its entire product portfolio and strong customer acceptance
in both retail and fleet markets. At NBAA, Embraer announced the
Phenom 100EX, the company's newest evolution delivers superior
cabin comfort, operational versatility and safety enhanced
pilot-centric avionics to offer the ultimate flying experience.
In addition, autothrottle feature was announced for the Phenom
300E. In August, the Phenom 300 series became the most-flown
business jet in the United States
and the family surpassed 2 million flight hours.
Embraer announced in October that it has successfully tested the
Phenom 300E and Praetor 600 on 100% neat sustainable aviation fuel
(SAF). The tests, with one engine running on 100% SAF, were
performed at Embraer's Melbourne
facility and provided significant insight into systems' performance
when utilizing blends up to 100% SAF, which was provided by World
Fuel.
The company also announced that Embraer-CAE Training Services
(ECTS) will add more training capacity with the deployment of two
new Phenom 300 full-flight simulators. The first is scheduled to
enter service in Q1 2024 at CAE London Burgess Hill (UK) and the
second in Q3 2024 at CAE Las Vegas (U.S.). In addition, Embraer and
FlightSafety International announced this month the opening of a
new Praetor full-flight simulator in Orlando, Florida, already qualified by the
Federal Aviation Administration (FAA). Along with the opening, both
companies launched the fourth Praetor simulator, which will be
based in Europe, at a location to
be announced at a later date. The new Praetor simulator is planned
to start operating by the end of 2024.
The Embraer Services & Support's backlog was also a
highlight rising to US$ 2.8 billion
in the quarter. This is the highest backlog volume ever recorded in
the business unit. Embraer Services & Support has reinforced
its role as one of the main Embraer's drivers of growth for the
next few years.
Embraer signed Pool Program agreements with Marathon Airlines
(Greece), Royal Jordanian Airlines
(Jordan), Scoot (Singapore), and Sky High (Dominican Republic). These contracts provide
exchanges and repair services for a wide range of repairable
components. The contracts with Marathon Airlines and Sky High have
already added to the 3Q23 backlog. Royal Jordanian Airlines, and
Scoot Pool Programs agreements will be included in Embraer's
backlog once all contractual contingencies are cleared.
In addition to the new Pool Program agreements, Embraer signed a
Memorandum of Understanding (MoU) with SIA Engineering Corporation
(SIAEP) to expand maintenance, repair, and overhaul (MRO) services
for Embraer's E2 jet family in Asia-Pacific, in line with fleet growth in the
region.
In Defense & Security, the first Portuguese Air
Force's KC-390 has entered into service. This is the first KC-390
to enter into service outside Brazil, and to be delivered in NATO
configuration. Embraer will deliver four aircraft more to the
Portuguese Air Force. In addition to this important milestone,
Austria and the Czech Republic announced the selection of the
C-390 Millennium as their new tactical military transport aircraft.
In 2022, the Netherlands had also
announced the selection of the C-390.
Joining Brazil, Portugal and Hungary, which have already acquired the C-390
Millennium, three more European countries have now selected our
aircraft, further consolidating the multi-mission platform as a
preferred solution in NATO countries. Negotiations with
the Netherlands, Austria, and the Czech Republic have not yet been incorporated
into Embraer Defense & Security's backlog, which represents a
significant potential for the coming quarters. The C-390 has
attracted the interest of many countries in different continents,
and is being evaluated by several potential customers, including
India and South Korea.
About Embraer
A global aerospace company headquartered in Brazil, Embraer (NYSE: ERJ; B3: EMBR3)
completed 50 years of operations in the Commercial Aviation,
Executive Aviation, Defense & Security, and Agricultural
Aviation segments. The Company designs develops, manufactures, and
markets aircraft and systems, in addition to providing after-sales
Services & Support to customers.
Since it was founded in 1969, Embraer has delivered more than
8,000 aircraft. On average, every 10 seconds an aircraft
manufactured by Embraer takes off from somewhere in the world,
transporting more than 145 million passengers annually.
Embraer is the leading manufacturer of commercial jets with up
to 150 seats and the main exporter of high value-added goods in
Brazil. The company maintains
industrial units, offices, service centers, and parts distribution,
among other activities, in the Americas, Africa, Asia,
and Europe.
Backlog - Commercial
Aviation (September 30, 2023)
|
Aircraft
Type
|
Firm
Orders
|
Deliveries
|
Firm Order
Backlog
|
E170
|
191
|
191
|
-
|
E175
|
847
|
746
|
101
|
E190
|
568
|
568
|
-
|
E195
|
172
|
172
|
-
|
E190-E2
|
34
|
18
|
16
|
E195-E2
|
246
|
72
|
174
|
Total
|
2,058
|
1,767
|
291
|
Note: Deliveries
and firm order backlog include orders for the Defense segment
placed
by State-run airlines
(Satena and TAME)
|
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content:https://www.prnewswire.com/news-releases/embraer-deliveries-increase-by-30-to-43-aircraft-in-3q23-301969537.html
SOURCE Embraer S.A.