https://www.engineeringnews.co.za
Aviation|Business|Defence|Flow|generation|SECURITY|Services|Flow
Aviation|Business|Defence|Flow|generation|SECURITY|Services|Flow
aviation|business|defence|flow-company|generation|security|services|flow-industry-term

Embraer reports strong increase in airliner order backlog

An Embraer E195-E2

An Embraer E195-E2

Photo by Embraer

22nd April 2024

By: Rebecca Campbell

Creamer Media Senior Deputy Editor

     

Font size: - +

Brazil-based global major aerospace group Embraer – the world’s number three maker of jet airliners – has released its deliveries and order backlog report for the first quarter of this year (1Q24). Deliveries of its commercial and executive (or business) aircraft types are up 67%, year-on-year. And its order backlog is the highest it has been in seven years.

The order backlog, at the end of 1Q24, stood at $21.1-billion, a 13% increase over the figure for 4Q23. During 1Q24, the company’s commercial jets (airliners) order backlog increased by $2.3-billion (a 26% jump, quarter-on-quarter (q-o-q)), and its business jet order backlog rose by $4.6-billion (a 7% rise q-o-q). Its services and support backlog neither rose nor fell, while its defence and security backlog (at $2.4-billion) declined by -4%. (Recent selections, by some countries, of the Embraer C-390 airlifter for their air forces, have not yet been incorporated into the defence and security backlog.)

In terms of number of aircraft, the group’s airliner order backlog stood at 381 at the end of 1Q24. This was composed of 187 E175s (its only original generation E-Jet family airliner still in production), 15 E190-E2s and 179 E195-E2s (these are the two members of its next-generation EJet-E2 family currently in production, and the E195-E2 is its biggest airliner type).

In terms of deliveries, Embraer handed over to customers the same number of airliners that it did in 1Q23 – seven. But the composition of deliveries was slightly different. In 1Q24 the company delivered four E195-E2s and three E175s, whereas in 1Q23 it had delivered five E195-E2s and only two E175s. The group’s guidance for this year is that it will deliver between 72 and 80 jet airliners.

In total, the company has so far delivered 756 E175s, 19 E190-E2s and 93 E195-E2s.  

It was the business aviation segment that saw the big increase in deliveries, from the eight of 1Q23 to 18 during 1Q24 (an increase of 83%). Of the 1Q24 deliveries, 11 were light jets, subdivided into one Phenom 100s and 10 Phenom 300s. The other seven were medium jets, composed of three Praetor 500s and four Praetor 600s. Embraer’s guidance is that it will deliver between 125 and 135 business jets this year.

Strikingly, the group’s commercial and executive aircraft deliveries have, over the past five years, shown a strong seasonality. On average, 11% of deliveries have been placed during the first quarter, followed by 22% in the second quarter, with another 22% in the third quarter and no less than 45% in the fourth quarter. The company is implementing a ‘production levelling plan’ to achieve a stable production flow throughout the year.

Edited by Creamer Media Reporter

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 24 May 2024
Magazine round up | 24 May 2024
24th May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.715 0.782s - 159pq - 2rq
Subscribe Now