Fewer deliveries likely next year, says Embraer
Embraer has lowered its delivery forecasts for next year to reflect the uncertain credit market.

Embraer has lowered its delivery forecasts for next year to reflect the uncertain credit market. The company expects that by next year deliveries to business aviation, at 145, will eclipse deliveries to the airlines, at 125. However, despite delivering fewer airplanes, the company expects its profit margins to improve, as the value of the Brazilian real has dropped against the dollar.

Four Lineage 1000s are in the interior completion stage, and at least one of those airplanes is expected to be delivered this year. Embraer expects to deliver 10 of the entry-level Phenom 100 this year immediately after certification, which was imminent at press time.

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