1Q12 Aircraft Shipments Soar at Embraer

 - April 17, 2012, 3:35 PM

Deliveries of business jets at Embraer increased by more than 60 percent in the first quarter, rising from eight last year (six light jets and two large jets) to 13 (12 light jets and one large jet) in the just-ended three-month period. The Brazilian aircraft manufacturer projects that it will ship 75 to 85 light business jets (Phenom 100s and 300s) and 15 to 20 large executive jets (Legacy 600/650s and Lineage 1000s) this year.