Embraer Posts Strong First Quarter Delivery Totals

AINalerts » April 17, 2014
April 17, 2014, 10:30 AM

Embraer delivered 20 business jets during the first quarter of this year, compared with just 12 during the same period a year earlier. The 66-percent increase in deliveries in the company’s executive jet business accompanied an increase in its overall, firm-order backlog to $19.2 billion from $18.2 billion during the quarter, driven mainly by a firm order for 50 E2 E-Jets to India’s Air Costa during the Singapore Airshow in February. The business jet sales tally included three Phenom 100s, 14 Phenom 300s, two Legacy 650s and a single Lineage 1000.

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