Embraer grows first quarter deliveries and backlog
Embraer Phenom 100.
Embraer Executive Aviation delivered 18 aircraft in the first quarter of 2024 – up from eight jets in the first three months of 2023. Despite this increase in deliveries it also grew its backlog by $300m to $4.6bn.
The manufacturer says it is planning to deliver between 125 and 135 jets in 2024. This would be up by 10 or 20 aircraft on 2023.
The company delivered one Phenom 100 and 10 Phenom 300s in the first quarter of 2024. In the same quarter of 2023 it delivered two Phenom 100s and four Phenom 300s.
READ: Embraer Executive Jet deliveries jump 13% in 2023
In the first three months of 2024 it delivered three Praetor 500s and four Praetor 600s. The company only delivered two Praetor 600s in the same period of 2023.
This is the most aircraft it has delivered in the first quarter for eight years.
Embraer has traditionally delivered a large proportion of aircraft in the fourth quarter. In the first quarter of 2023 it shipped eight business jets, in the second 30 and the third 28 aircraft. In the last three months of the year it delivered 40% of the year’s total with 49 jets. The manufacturer says it is now working on a Production Levelling Plan to have a stable production pace throughout the year.
The manufacturer shipped 115 executive jets in 2023 – up 13 from 102. This consisted of 63 Phenom 300s, 11 Phenom 100s, 20 Praetor 500s and 21 Praetor 600s.
