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Brazil's Embraer firm order backlog hits highest level since Q2 2018

Published 02/21/2022, 06:20 AM
Updated 02/21/2022, 06:27 AM
© Reuters. FILE PHOTO - A model of an Embraer aircraft is displayed at the China International Aviation and Aerospace Exhibition, or Airshow China, in Zhuhai, Guangdong province, China September 29, 2021. REUTERS/Aly Song
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© Reuters. FILE PHOTO - A model of an Embraer aircraft is displayed at the China International Aviation and Aerospace Exhibition, or Airshow China, in Zhuhai, Guangdong province, China September 29, 2021. REUTERS/Aly Song

SAO PAULO (Reuters) - Brazilian planemaker Embraer SA (NYSE:ERJ) said on Monday its firm order backlog ended 2021 at $17 billion, the highest level since the second quarter of 2018, even after Brazil's Air Force cut its orders for KC-390 Millennium jets to 22 from 28.

Embraer added in a securities filing that it had delivered a total of 55 jets in the fourth quarter of 2021, including 16 commercial and 39 executive aircraft. In the full year, deliveries reached 141 jets, it said.

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