- Industrial deliveries soared circa 170% sequentially generation Government Jets grew 50%
- US$21.1 bn corporate large backlog up greater than 20% once a year
- 20 E2 jets line from Mexicana de Aviación
- 2nd C-390 Millennium airplane dropped at Portugal
SÃO PAULO, July 18, 2024 /PRNewswire/ — Embraer (NYSE: ERJ; B3: EMBR3) delivered 47 jets in 2Q24, an 88% building up in comparison to the former quarter (qoq), when 25 jets had been delivered. The corporate’s total backlog ended at US$21.1 billion, greater than 20% upper once a year (yoy) and a 7-year prime. Industrial Flying was once the spotlight of the quarter with 19 jets deliveries – or circa 170% extra qoq (7 jets in 1Q24). In the meantime, Government Jets delivered a cast efficiency with 27 airplane (18 in 1Q24) generation Protection delivered one multi-mission airlift C-390 Millennium.
Deliveries through Area |
2Q24 |
1Q24 |
2Q23 |
1H24 |
1H23 |
2024 Steering |
Government Flying |
27 |
18 |
30 |
45 |
38 |
125-135 |
Phenom 100 |
2 |
1 |
1 |
3 |
3 |
|
Phenom 300 |
18 |
10 |
18 |
28 |
22 |
|
Brightness Jets |
20 |
11 |
19 |
31 |
25 |
|
Praetor 500 |
3 |
3 |
6 |
6 |
6 |
|
Praetor 600 |
4 |
4 |
5 |
8 |
7 |
|
Medium Jets |
7 |
7 |
11 |
14 |
13 |
|
Industrial Flying |
19 |
7 |
17 |
26 |
24 |
72-80 |
E195-E2 |
7 |
4 |
7 |
11 |
12 |
|
E190-E2 |
4 |
– |
– |
4 |
– |
|
E175 |
8 |
3 |
10 |
11 |
12 |
|
Overall |
46 |
25 |
47 |
71 |
62 |
197-215* |
Protection & Safety |
1 |
– |
1 |
1 |
1 |
|
C-390 Millennium |
1 |
– |
1 |
1 |
1 |
The corporate large backlog reached US$21.1 billion in 2Q24 (or greater than 20% upper yoy and marginally upper qoq). The largest building up took place in Industrial Flying (+US$227 million) generation the largest diminished passed off in Protection & Safety (-US$251 million). The backlog for the alternative two companies devices larger marginally (+US$45 million).
Backlog through Area – US$bn |
2Q24 |
1Q24 |
qoq |
2Q23 |
yoy |
Industrial Flying |
11.3 |
11.1 |
2 % |
8.0 |
40 % |
Government Jets |
4.6 |
4.6 |
1 % |
4.3 |
8 % |
Services and products & Backup |
3.1 |
3.1 |
0 % |
2.7 |
16 % |
Protection & Safety |
2.1 |
2.4 |
-10 % |
2.3 |
-5 % |
Overall |
21.1 |
21.1 |
0 % |
17.3 |
22 % |
In Industrial Flying, the backlog reached US$11.3 billion in 2Q24 (+2% qoq). The principle spotlight of the length was once the line for 20 E2 jets through Mexicana de Aviación – Mexico’s state-owned airline. The line contains 10 E190-E2 jets and any other 10 E195-E2 jets, with deliveries scheduled to begin in 2Q25. Alternative highlights had been the supply and get started of operations of the primary E190-E2 to Scoot – the low cost subsidiary of Singapore Airways (SIA). Moreover, Embraer reached any other noteceable milestone: the supply of its 1,800th E-Jet in Might. The marquee airplane was once dropped at the leasing corporate Azorra and it’s going to be operated through Royal Jordanian Airways.
2Q24 Backlog – Industrial Flying |
|||
Plane Kind |
Company Orders |
Deliveries |
Company Line Backlog |
E195-E2 |
282 |
100 |
182 |
E190-E2 |
44 |
23 |
21 |
E175 |
943 |
764 |
179 |
Overall |
1,269 |
887 |
382 |
Government Jets persevered to snatch superb gross sales momentum in each fleet and retail markets, demonstrating cast supply efficiency and keeping up a favorable book-to-bill ratio. The backlog ended the length marginally up at US$ 4.6 billion in 2Q24 (+1% qoq).
The Services and products & Backup unit is still one of the crucial primary drivers of Embraer’s enlargement via a mix of operational excellence, buyer revel in and cutting edge answers. Its backlog ended 2Q24 more or less unchanged at US$3.1 billion.
In Protection & Security, the spotlight was once the supply of the twond C-390 Millennium to the Portuguese Wind Drive (FAP), in a rite held in Gavião Peixoto (SP), Brazil. In 2019, FAP ordered 5 KC-390s, together with a complete products and services and assistance bundle and a flying simulator. The 1st airplane entered carrier in October 2023 at Beja Wind Bottom. The choice of the C-390 through some international locations in Europe has no longer but been included into the backlog, which represents a vital supply of attainable enlargement for the approaching quarters. The backlog in Protection & Safety diminished 10% qoq and reached US$2.1 billion in 2Q24.
Industrial Flying airplane backlog:
Buyer (Nation) |
Company Orders |
Delivered |
Company Line Backlog |
Embraer 195-E2 |
282 |
100 |
182 |
Azul (Brazil) |
51 |
– |
51 |
Porter (Canada) |
75 |
36 |
39 |
Aercap (Eire) |
45 |
19 |
26 |
Azorra (USA) |
23 |
5 |
18 |
Mexicana (Mexico) |
10 |
– |
10 |
Aircastle (USA) |
23 |
14 |
9 |
Wind Pleasure (Nigeria) |
13 |
5 |
8 |
Binter Canarias (Spain) |
16 |
10 |
6 |
Salam Wind (Oman) |
6 |
– |
6 |
Luxair (Luxembourg) |
4 |
– |
4 |
ICBC (China) |
10 |
7 |
3 |
Royal Jordanian (Jordanian) |
2 |
– |
2 |
Helvetic (Switzerland) |
4 |
4 |
– |
Buyer (Nation) |
Company Orders |
Delivered |
Company Line Backlog |
Embraer 190-E2 |
44 |
23 |
21 |
Mexicana (Mexico) |
10 |
– |
10 |
Azorra (USA) |
12 |
4 |
8 |
Aircastle (USA) |
2 |
– |
2 |
Wind Kiribati (Kiribati) |
2 |
1 |
1 |
Aercap (Eire) |
5 |
5 |
– |
Helvetic (Switzerland) |
8 |
8 |
– |
Wideroe (Norway) |
3 |
3 |
– |
Placar Linhas Aéreas (Brazil) |
1 |
1 |
– |
Invisible |
1 |
1 |
– |
Buyer (Nation) |
Company Orders |
Delivered |
Company Line Backlog |
EMBRAER 175 |
943 |
764 |
179 |
American Airways (USA) |
204 |
108 |
96 |
Republic Airways (USA) |
187 |
141 |
46 |
Skywest (USA) |
228 |
207 |
21 |
Horizon Wind / Alaska (USA) |
50 |
44 |
6 |
Wind Pleasure (Nigeria) |
5 |
– |
5 |
Invisible |
4 |
– |
4 |
Overland Airlines (Nigeria) |
3 |
2 |
1 |
Wind Canada (Canada) |
15 |
15 |
– |
Wind Rent (USA) |
8 |
8 |
– |
Alitalia (Italy) |
2 |
2 |
– |
Belavia (Belarus) |
1 |
1 |
– |
CIT (USA) |
4 |
4 |
– |
ECC Leasing (Eire)* |
1 |
1 |
– |
Flybe (UK) |
11 |
11 |
– |
Fuji Dream (Japan) |
2 |
2 |
– |
GECAS (USA) |
5 |
5 |
– |
KLM (The Netherlands) |
17 |
17 |
– |
LOT Polish (Poland) |
12 |
12 |
– |
Mauritania Airways (Mauritania) |
2 |
2 |
– |
Mesa (USA) |
7 |
7 |
– |
NAC / Aldus (Eire) |
2 |
2 |
– |
NAC / Jetscape (USA) |
4 |
4 |
– |
Northwest (USA) |
36 |
36 |
– |
Oman Wind (Oman) |
5 |
5 |
– |
Royal Jordanian (Jordan) |
2 |
2 |
– |
Suzuyo (Japan) |
11 |
11 |
– |
TRIP (Brazil) |
5 |
5 |
– |
United Airways (USA) |
110 |
110 |
– |
* Plane delivered through ECC Leasing: one to Wind Caraibes |
SOURCE Embraer S.A.