Embraer deliveries increased 13% in 2023
Brazilian manufacturer Embraer delivered 75 aircraft in the fourth quarter of 2023: 49 business jets, 25 commercial jets and 1 C-390 military jet.
Embraer supplied 181 aircraft, an increase of 13% compared to 2022 when the company delivered 160. The company continues to face supply chain delays which have affected 2023 deliveries.
The company’s backlog rose by US$1.2 billion YoY, reaching a total of US$18.7 billion in 2023 – the highest number recorded since 1Q18.
→ Royal Jordanian Airlines takes delivery of its first two Embraer E195-E2s
Executive Aviation continued its sales momentum with sustained demand across its entire product portfolio and strong customer acceptance in both retail and fleet markets.
The business unit ended the year with a book-to-bill in excess of 1.3:1 and a US$4.3 billion backlog, a US$400 million growth YoY. The 74 deliveries of light jets in 2023 were 12% higher YoY and the largest volume in 7 years. Moreover, the 41 deliveries of medium jets also posted double-digit annual growth at 14%.
In Defense & Security, South Korea was in the spotlight with the victory of 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 for the Portuguese Air Force.
The aircraft was also selected by Austria and Czech Republic in 2023, and by the Netherlands in 2022. Negotiations about the 11 aircraft have not yet been incorporated into Embraer Defense & Security’s backlog, which represents a significant potential for the coming quarters. In 4Q23, the business’ unit backlog is US$2.5 billion, a US$100 million growth YoY.
In Commercial Aviation, E-Jets family deliveries increased 12% YoY from 57 jets in 2022 to 64 in 2023, supported by a book-to-bill in excess of 1.1:1. The highlight was the E2 group whose deliveries more than doubled from 19 aircraft in 2022 to 39 in 2023. The business unit backlog reached 298 aircraft in 4Q23 for a total of US$8.8 billion, a US$200 million growth YoY.
Porter Airlines exercised its purchase rights and placed a firm order for 25 Embraer E195-E2 passenger jets, adding to their 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 4 E175s previously signed by American Airlines and 2 additional aircraft ordered in December.
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