Embraer deliveries up 88% in Q2 compared to Q1 with backlog reaching US$21.1 billion
July 19, 2024
Ahead of this year’s Farnborough International Airshow where Embraer will be debuting its brand-new E-Freighter E190F, the Brazilian aircraft manufacturer has reported an 88% increase in deliveries in the second quarter of 2024, compared to the first quarter. The manufacturer delivered 47 new aircraft between April and June. Equally impressive is the company’s overall backlog, which ended at US$21.1 billion, marking a seven-year high.
According to Embraer, commercial aviation was the highlight of the period April to June with 19 jet deliveries (around 170% more than in the first quarter) totalling +US$227 million. Executive jets also delivered a solid performance with 27 aircraft, a 50% increase on the previous quarter, while defence delivered one multi-mission airlift C-390 Millennium military transporter to the Portuguese Air Force (FAP). The largest quarter-on-quarter decrease (-US$251 million) for the business occurred in the manufacturer’s Defense and Security division.
A highlight in Embraer’s Commercial Aviation division was an order for 20 E2 jets from Mexico’s state-owned airline, Mexicana de Aviacion. The order includes 10 E190-E2 jets and a further 10 E195-E2 jets, with deliveries scheduled to start in 2025. Other highlights include the delivery and start of operations of the first E190-E2 for Scoot, Singapore Airlines’ low-cost subsidiary.
Another milestone was marked in May, with the delivery of Embraer’s 1800th E-Jet to leasing company Azorra. The aircraft will be operated by Royal Jordanian Airlines.
With momentum in both fleet and retail markets for executive jets continuing to build and maintaining a positive book-to-bill ratio, the backlog ended the period mariginally up at US$4.6 billion in the second quarter (+1% on the first three months of the year). Services and support continue to be a key driver of Embraer’s growth with the backlog ending the last quarter unchanged at US$3.1 billion.
In the Defense and Security division unit, the delivery of the second C-390 Millennium to the FAP followed the order of five KC-390s in 2019, with the first of these entering service in October 2023 at Beja Air Base. The backlog in Defense & Security decreased 10% quarter-on-quarter.
