Aviation International News reports, “Embraer on Friday announced plans to invest $390 million and hire 900 additional employees this year to increase aircraft production and prepare for future growth. The investment includes stepping up research and development activities for electric aircraft, expanding aeronautical services, and boosting industrial activities.”
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Tag: Embraer
Brazil’s Embraer Sees Deliveries, Revenue Growing in 2024
Reuters reports that Brazilian planemaker Embraer expects both its aircraft deliveries and revenues to grow in 2024, the company said on Monday. According to the report, “The world’s third-largest planemaker behind Boeing and Airbus estimated it will deliver between 125 and 135 executive jets this year, compared with 115 in 2023.”
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Embraer’s Phenom 300 Remains Top-Selling Business TwinJet
Aviation International News reports, “Following the release of the 2023 year-end delivery numbers by the General Aviation Manufacturers Association, Embraer announced that for the 12th consecutive year, its Phenom 300 was the best-selling jet in its class, with 63 of the series delivered last year.” The light jet is also “the top-selling twinjet for the fourth year in a row,” and remains the “fastest light jet in production.”
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Embraer Posts Strong Delivery Growth for 2023
FlightGlobal reports that Brazilian airframer Embraer “boosted deliveries in 2023 to 181 aircraft, a 13% improvement on the previous year’s figure.” The increase “hinged on a fourth-quarter surge during which 75 aircraft were handed over, according to Embraer.” Still, shipments “in the last three months of the year fell against the same period of 2022 when the Brazilian airframer managed to deliver 80 aircraft.” Fourth-quarter deliveries “comprised 49 business jets, 25 commercial aircraft, and one C-390 tactical transport.” Despite growth in 2023, Embraer “has yet to surpass its 2019 shipment total of 198 aircraft.” The company “says that supply chain delays continued to be a challenge in 2023, affecting deliveries.”
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Embraer Executive Jets Announces Doubling of its MRO Network
Aviation International News reports that Embraer Executive Jets “is doubling its maintenance service network in the US from three to six facilities ‘to support the continued growth of its executive jets customer base,’ the company announced today.” The three new factory-owned service centers – “to be based at Dallas Love Field, as well as in Cleveland, Ohio, and Sanford, Florida – are scheduled to open in the second quarter of next year.” Embraer Services and Support Vice President of MRO Services Frank Stevens said, “We are pleased to offer additional service locations for our customers as we will significantly expand the capacity, capability, and footprint of our MRO network in the U.S. Our Executive Jets fleet has been growing rapidly over the last several years as strong demand continues across the entire product portfolio. This expansion will provide immediate additional capacity and ensures that we are poised to care for our valued customers and strategically grow for many years to come.”
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Embraer CEO Touts Company Future
Aviation International News reported that Embraer CEO Francisco Gomes Neto spoke at Embraer’s Media Day presentation in New York on Friday and “said the company is now reaping the harvest from the investments and changes it made in recent years.” He pointed “to the portfolio of new products the Brazilian manufacturer has introduced over the past decade in its commercial, defense, and private aviation markets.” This portfolio “includes the E-Jets E2, the C-390 Millennium military transport, and, on the private aviation side, the Praetor family and upgrades to its Phenom light jets.” He explained that Embraer currently “employs a staff of 100 engineers committed to developing production efficiencies and cost reduction, which has allowed it to not only maintain margins on its products but even increase them in some cases.” One of the company’s “standing projects is to reduce the production time of its aircraft by 30 percent by the end of 2025.”
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Profile: Embraer’s E-Jet Challenges Boeing, Airport Narrowbody Supremacy
Autoevolution profiles Embraer’s E-Jet family as a perpetual underdog in what would otherwise be a two-horse race in the global narrowbody jet competition between Boeing and Airbus. Without the benefit of the E-Jet family, Embraer “may have never arrived hot on the global scene in the way it did.”
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Embraer Sees Backlogs Rise in Q3
Aviation Week reports that Embraer “delivered 28 executive aircraft and 15 commercial aircraft during the third quarter (Q3) of 2023, up 30% from 33 total aircraft delivered for the period a year ago.” The Brazil-based manufacturer “delivered 19 light jets and nine midsize jets during the quarter, up 22% from a year ago.”
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Embraer’s Commercial, Business Jet Deliveries Boosted 47% in Q2
Aviation International News reported that Embraer deliveries increased by 47% in Q2, with both executive jets and commercial aircraft shipments recording notable increases. Deliveries for the quarter “ended June 30 reached 62, 38 of which were executive jets and 24 commercial aircraft.” This compares “with a total of 47 delivered in the second quarter of 2022, including 30 executive jets and 17 commercial aircraft.” The increases “threaded throughout Embraer’s product lines: Phenom deliveries were up by six units to 25, Praetors by two to 13, E175s by two to 12, and E195-E2s by five to 12. Phenom 300s accounted for the bulk of the light-jet second-quarter deliveries at 22, while the Praetors were nearly evenly split between the 500 (six shipments) and 600 (seven).” These deliveries brought Embraer’s backlog to $17.3 billion at the end of June, compared with $17.4 billion at the end of March. In Q2, Embraer “scored some significant deals, including from NetJets for up to 250 Praetor 500 jets.” If all options are exercised, the deal “would be valued at more than $5 billion with deliveries beginning in 2025.”
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GAMA Reveals Aviation Sector Full-Year Numbers for Deliveries and Billings
FlightGlobal reports that the General Aviation Manufacturers Association (GAMA) “revealed the sector’s full-year figures for unit deliveries and billings.” The major airframers “boosted their aircraft output in 2022, revenue increases tended to be even greater, indicating some impact from inflation perhaps, but also that manufacturers are better able to maintain their prices.” For example, business jet deliveries increased in number by only two aircraft, but total value of the jets went up 4.5%. The top five manufacturers – Bombardier, Dassault, Embraer, Gulfstream and Textron Aviation – “all saw their unit deliveries and billings rise in 2022.”
Full Story (FlightGlobal – Subscription Publication)