Brazil's Embraer delivers 25 jets in Q1; backlog hits 7-year high
Reuters
Published Apr 19, 2024 05:45PM ET
SAO PAULO (Reuters) - Brazilian planemaker Embraer said on Friday it delivered 25 aircraft - seven commercial planes and 18 executive jets - in the first quarter of 2024, a 67% increase on a yearly basis.
Embraer, the world's third-largest planemaker behind Boeing (NYSE:BA) and Airbus, said in a securities filing that its firm order backlog hit a seven-year high of $21.1 billion at the end of March, up 13% from the previous three-month period.
Embraer plans to deliver 72 to 80 commercial aircraft this year, while its outlook for business jet deliveries stands between 125 and 135.
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Written By: Reuters
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