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Poreba TCG 160V-18m
Make: poreba
Type: heavy-duty-roll-lath
Model: TCG 160V 18m
Machine number: 1173-29
Centre dista
Make: poreba Type: heavy-duty-roll-lath Model: TCG 160V 18m Machine number: 1173-29 Centre dista...
Harry Vraets Machinery

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Embraer increases deliveries in 2023 by 13%

Posted on 14 Feb 2024 and read 424 times
Embraer increases deliveries in 2023 by 13%The Brazilian manufacturer Embraer delivered 75 aircraft in the fourth quarter of 2023; these comprised 49 executive jets (30 light and 19 medium), 25 commercial jets, and one military C-390 jet. In 2023, Embraer supplied 181 aircraft, an increase of 13% compared to 2022 when the company delivered 160, although the company continues to face the supply chain delays that affected 2023 deliveries. Furthermore, the company’s backlog rose by $1.2 billion year on year to reach a total of $18.7 billion in 2023 — the highest value recorded since Q1 in 2018.

Embraer’s executive aviation maintained its sales momentum with sustained demand across its entire product portfolio, ending the year with a ‘book-to-bill’ of more than 1.3:1, a $4.3 billion backlog, and a $400 million growth year on year. The 74 deliveries of light jets in 2023 were 12% higher year on year and the largest volume in seven years. Moreover, the 41 deliveries of medium-size jets reflected a double-digit annual growth of 14%.

Regarding ‘Defence and Security’, South Korea was in the spotlight with the C-390 Millennium in the Large Transport Aircraft (LTA) II public tender to provide the new military transport aircraft. The country is the C-390 Millennium’s first customer in Asia. Furthermore, late last year, the first NATO-configured KC-390 Millenium entered into service with the Portuguese Air Force.

The aircraft was also selected by Austria and the Czech Republic in 2023, and by the Netherlands in 2022. Negotiations about the 11 aircraft have not yet been incorporated into Embraer Defence and Security’s backlog, which represents a significant potential for the coming quarters. In Q423, the business unit’s backlog was $2.5 billion, a $100 million growth year on year.

In commercial aviation, Embraer’s E-Jets family deliveries increased 12%, from 57 jets in 2022 to 64 in 2023, with the highlight being the E2 group with deliveries more than doubling from 19 aircraft in 2022 to 39 in 2023. The business unit’s backlog reached 298 aircraft in Q4 23 for a total of $8.8 billion, a $200 million growth year-on-year.

Porter Airlines exercised its purchase rights and placed a firm order for 25 Embraer E195-E2 passenger jets, adding to its existing 50 aircraft firm orders. The Canadian airline now has a total of 46 firm orders to be delivered and 25 remaining purchase rights.

Furthermore, the backlog now includes four E175s previously signed by American Airlines and two additional aircraft ordered in December. Services and support ended 2023 with a backlog of $3.1 billion, a $400 million year-on-year growth and the highest level ever recorded.