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Embraer deliveries increased 47% in the second quarter

Embraer
© Embraer

During the second quarter 2023, Embraer has delivered a total of 47 jets, comprising 17 commercial aircraft and 30 executive jets (consisting of 19 light jets and 11 midsize jets). Throughout the year, the company delivered a total of 62 aircraft, including 24 commercial jets and 38 executive jets. The second-quarter deliveries exhibited a 47% surge when compared to the same period in 2022. Moreover, in the first half of 2023, the volume of deliveries increased by 35% compared to 2022, during which 46 jets were delivered.

Breaking down the performance by segment, the deliveries volume in Commercial Aviation saw a 55% increase compared to the second quarter of 2022, while Executive Jets also experienced substantial growth at 43%.

The firm order backlog by the end of the second quarter stood at US$ 17.3 billion.

In Commercial Aviation, Embraer secured a significant contract with American Airlines for seven new E175s, which will be operated by the carrier’s subsidiary, Envoy Air. Starting in the fourth quarter of 2023, Envoy’s E-Jet fleet will then expand to over 141 aircraft by the end of 2024.

Binter also placed a firm order for six E195-E2s with Embraer, increasing its E2 fleet to 16 jets upon completion of deliveries. However, the order will be officially included in Embraer’s backlog once all contractual contingencies are cleared.

SKS Airways from Malaysia inked an agreement to acquire ten E195-E2 jets for its fleet. Additionally, it joined the pool programme to avail support for its aircraft operations in Southeast Asia. Furthermore, Scoot, a low-cost subsidiary of Singapore Airlines, is incorporating nine E190-E2s into its portfolio. Meanwhile, Royal Jordanian Airlines reached an agreement to introduce eight E190-E2 and E195-E2 jets into its operations, with deliveries set to commence in the fourth quarter of 2023. Notably, all three agreements involved contracts with the leasing company Azorra.

Lastly, Star Air, an Indian airline already operating E-Jets, successfully added four E175s to its fleet, while also extending its pool programme contract to include these additional aircraft. (£1.00 = US$1.27 at time of publication).

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