Embraer Meets E-Jet Delivery Target for 2018

 - February 11, 2019, 3:29 PM

Embraer reported Monday that it delivered 33 commercial jets during the fourth quarter last year, resulting in a delivery total of 90 airliners for 2018, precisely meeting the guidance range of 85 to 95 the company issued at the start of the campaign.

As expected, shipments of E175s led those of all models by a wide margin, as the company delivered 67 of the U.S. scope-clause-compliant jets. The delivery pace for the first E190-E2s proved tepid, however, as the company delivered only four out of an expected range of between five and 10. Deliveries of standard E190s totaled 13, while E195 deliveries reached five for the year. Finally, the delivery of the last E170 on Embraer’s backlog filled an order from JAL subsidiary J-Air. Although Embraer’s E170 production backlog now shows zero, the company’s so-called hybrid production line allows it to continue to offer the 70-seat regional jet for any new customer that surfaces.   

During the fourth quarter, Embraer confirmed commercial jet sales following preliminary agreements signed at July’s Farnborough Airshow. Indianapolis-based Republic Airways signed a firm order for 100 E175 jets and took purchase rights on another 100, convertible to E175-E2s. Also during the period, Brazil’s ´╗┐Azul confirmed a previously announced firm order for 21 E195-E2s, raising the number of the model for which the airline holds firm orders to 51. Azul serves as the launch operator of the E195-E2 and plans to receive the first aircraft this year.

Finalizing other expected deals from the airshow, Embraer signed a firm order contract for three E190 aircraft with Nordic Aviation Capital and announced that Binter Canarias of Spain will receive its first E195-E2 jet in the second half of 2019, becoming the first European customer of the E2’s largest model. The airline signed a firm order with Embraer for three E195-E2s and took purchase rights on two more. 

Embraer also announced in the last quarter firm orders covering 15 E175s from American Airlines and nine of the 76-seat jets from St. George, Utah-based Skywest. Finally, Embraer signed a contract with the government of Kiribati covering firm orders for two E190-E2s and purchase rights on another two of the same model for operation with state-owned Air Kiribati.