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

By Thomson Reuters Apr 19, 2024 | 4:45 PM

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 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.

(Reporting by Gabriel Araujo; Editing by Kylie Madry)