Embraer’s composites factory in Évora, Portugal, has completed its first shipset–a mostly composite empennage for the Legacy 500 midsize twinjet. The component has been shipped to the company’s headquarters in São José dos Campos, Brazil, Embraer announced today.
International Water-Guard (IWG) has announced a supplemental type certificate from Brazil’s ANAC aviation authority for installation of its IWG-A4 potable water treatment unit on the Embraer Legacy 600 and Legacy 650.
Embraer’s Legacy 500 program is gathering pace as the new midsize business jet is prepared for its maiden flight.
Embraer Executive Jets is expanding its Melbourne, Fla. campus. Already home to a Phenom 100 and 300 assembly plant and a state-of-the-art customer center, Embraer has begun construction on a 67,000-sq-ft engineering and technology center announced earlier this year.
Embraer is bringing interior development and modification for its full line of corporate jets in-house. That’s the word from Ernest Edwards, president of Embraer Executive Jets. The company previously contracted with BMW Designworks USA for the interior cabin design on its Phenom and Legacy jets. Embraer’s new customer center and its under-construction engineering and technical center, both at its Melbourne, Fla. campus, will be the epicenter of the new effort.
While Embraer’s third-quarter numbers, released yesterday, showed “its best gross margin in several years,” the company’s 13 executive jet deliveries were the same as in the first quarter and seven below the second quarter. Deliveries in the third quarter–11 light jets and two large jets–were also five below those logged in the third quarter last year. Embraer expects deliveries in the fourth quarter to show a substantial jump, typical of industry as a whole in the final period of the year.
Embraer delivered 40 aircraft in the third quarter, including 27 airliners and 13 business jets (11 light and two large jets), the Brazilian aircraft manufacturer announced yesterday. The company has shipped 129 aircraft in the first nine months–83 E-jet airliners and 46 business jets (40 light and six large jets)–which equates to 10 more airliners, but three fewer business jets, than it delivered in the same period last year.
Embraer displayed the midsize Legacy 500 prototype for the first time with a painted finish on Friday to a group of aviation journalists visiting the manufacturer’s headquarters in São José dos Campos, Brazil. Legacy 500 S/N 001, the first of four planned flight-test aircraft, is currently being prepared to fly before year-end.
The Russian market has continued to be a key factor in the recovery that Czech Republic-based ABS Jets has seen in the business aviation sector over the past 12 months. Russians own several of the 13 aircraft that the company has under management contracts, with their insurance companies and banks eager to have these assets in the hands of operators based in the European Union.
JPMorgan downgraded Embraer yesterday from overweight to neutral, in large part due to concerns about Embraer’s airliner business. However, the investment firm noted that “continued weakness” in flight operations and other indicators “are leading us to dial back our business jet delivery forecast,” but it still predicts healthy growth in this segment.