Embraer 1Q Bizjet Deliveries Lower, but Revenues Soar

 - April 30, 2013, 4:00 PM

Embraer delivered 12 business jets in the first quarter, one fewer than it did in the same period a year ago. While the number represented a slight dip, the firm order backlog increased to $13.3 billion by the end of the quarter, up from $12.5 billion in the previous quarter. The Brazilian OEM also noted that for the first quarter, revenues from its Embraer Executive Jets division jumped to $175.3 million this year from $151.7 million last year.