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Brazil's Embraer delivers 25 jets in Q1; backlog hits 7-year high

Published 04/19/2024, 05:45 PM
Updated 04/19/2024, 05:51 PM
© Reuters. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company's headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio/File Photo
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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.

© Reuters. FILE PHOTO: The logo of Brazilian planemaker Embraer SA is seen at the company's headquarters in Sao Jose dos Campos, Brazil February 28, 2018. REUTERS/Roosevelt Cassio/File Photo

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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