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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Tag: Embraer
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.”
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Embraer Increased Deliveries in 2022
Aviation Week reported that Embraer “delivered 102 executive jets during 2022, including 50 in the fourth quarter (Q4), up from 93 in 2021, as sales in the segment continue its momentum, the company says.” Embraer delivered “66 light business jets during the year, including 33 in Q4, and 36 mid-size jets.”
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Embraer Receives US, EU Certification for Phenom 300 Jet
Reuters reports that Brazilian planemaker Embraer SA said Thursday that its Phenom 300 jet has received type certification from U.S. and European regulators to operate as a medical aircraft with an intensive care unit. The supplemental type certifications came from the U.S. Federal Aviation Administration and the European Union Aviation Safety Agency (EASA), Embraer said in a statement. The company added that U.S.-based on-demand charter operator Grandview Aviation would operate the Phenom 300MED as its launch customer.
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L3Harris to Convert Embraer KC-390 Cargo Planes into Aerial Tankers
Defense One reports that, “L3Harris Technologies has entered an agreement with Brazil’s Embraer to convert KC-390 cargo planes into aerial tankers that can refuel U.S. combat planes in flight.” According to L3Harris Chairman and CEO Chris Kubasik, the “goal is to create a tactical tanker that can fly closer to the front lines in a war with a peer competitor and refuel all types of U.S. military planes.”
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Embraer Capitalizes on Business Jet Market
Aviation International News reports that Embraer “is riding the tide of new business jet buyers entering the market.” Embraer Executive Jet President Michael Amalfitano said, “New users are coming into the marketplace, and we are very well positioned with our products because those first-time buyers are coming to buy entry-level light jets and medium-category aircraft; whether they do that in a purchase sense or user sense, the numbers are significantly growing.”
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Embraer CEO Says New Customers Change Business Jet Market Dynamics
Aviation International News reports that Embraer Executive Jets CEO and President Michael Amalfitano described at Corporate Jet Investor Miami 2021 how the increase in first-time business aviation users is changing the aircraft industry’s dynamics. Amalfitano said, “When you look at that growth at the bottom, the access is growing. You have to start thinking about what are they, what do they want? Who are these people? And you recognize they’re getting younger. We’re talking to millennials, X, Y, Z, and the seeds in terms of generation.”
Full Story (Space News)
Embraer Sees Record Business Jet Sales in Q2
Aviation International News reported that Embraer President and CEO Francisco Neto said that Embraer’s executive jets division saw record second-quarter sales. Embraer saw a “20 percent reduction in production cycle time for its aircraft this year, indicating improved efficiency,” and “delivered 12 light jets and eight larger jets in the second quarter, for a 54 percent increase from a year ago.”
Full Story (Aviation International News)