Embraer Bizjet Deliveries Slide In 2Q

 - July 11, 2016, 10:17 AM

Embraer’s business jet deliveries in first six months of 2016 remained ahead of the first half of 2015 despite a dip in the most recent quarter. The company delivered 26 business jets in the second quarter, down from 33 a year ago.

Phenom deliveries decreased by three units in the most recent quarter, to 23. But the mix in the most recent quarter changed, with 15 Phenom 300s and eight Phenom 100Es shipped. During the same period in 2015, Embraer delivered 20 Phenom 300s and six of the 100 models.

Legacy 500 shipments remained stable at three in both second quarter 2015 and 2016. But Embraer also had delivered four larger aircraft—three Legacy 650s and a Lineage 1000—last year in the second quarter. None were delivered in the most recent quarter. 

For the year, however, Embraer’s business jet deliveries are still up over the first half of 2016. Embraer delivered a total of 49 business jets in the first six months (35 Phenoms and 14 large aircraft), compared with 45 in the same period of 2015 (36 Phenoms and nine large aircraft).

The most recent quarter also was marked by a firm order valued at $260 million from Across in Mexico for a mix of 23 Legacy and Phenom business jets. This helped keep Embraer’s backlog at $21.9 billion at the end of June, the same as at the end of March and near record levels.

Embraer’s backlog also received a boost from a firm order for 30 E175 commercial airlines from Horizon Air. Deliveries in Embraer’s commercial segment are flat through the first half at 47, but the most recent quarter was marked by one fewer commercial aircraft delivery (26 shipments).