Company-wide order backlog reached $22.7 billion in the third quarter, up 25% from the same quarter last year and a nine-year high.
Brazilian aircraft manufacturer Embraer delivered a total of 57 aircraft in the third quarter, an increase of 33% compared to the same period last year and 24% compared to the previous quarter.
By business segment, in the commercial aviation area it delivered 16 aircraft and another 41 executive aviation aircraft. Meanwhile, in the defense and security segment it delivered 2 C-390 Millennium aircraft during the quarter, the first aircraft to Hungary and the seventh to Brazil.
Company-wide order backlog reached $22.7 billion in the third quarter, up 25% from the same quarter last year and a nine-year high.
Defense and Security recorded the largest increase in order backlog, followed by Services and Support, while Business and Commercial Aviation recorded marginal declines.
In executive jets, deliveries reached 41 units and increased by more than 45% year-over-year and more than 50% quarter-over-quarter. The business unit's order backlog reached US$4.4 billion during the quarter, up 3% year-over-year.
The nominal decline in the order book from its historical high can be explained by stronger growth (higher deliveries) and a seasonally slower period for sales due to the summer in the northern hemisphere.
The Praetor 500 and Praetor 600 midsize and super-midsize jets accounted for nearly half of the segment’s deliveries (19 jets) driven by the positive momentum of this aircraft family. Meanwhile, the Phenom 300, the best-selling aircraft in its category for 12 consecutive years worldwide, was once again the top performer (18 jets) during the quarter.
COMMERCIAL AVIATION
In commercial aviation, deliveries reached 16 aircraft (supported by 12 units of the E2 family and 4 of the E1 family) during the period, representing an increase of more than 5% year-on-year.
The highlight was the delivery of the first E2 aircraft under a contract signed with a lessor to supply Polish airline LOT Polish Airlines. The agreement includes two more aircraft before the end of the year.
In addition, Virgin Australia placed a firm order for eight E190-E2 small narrowbody aircraft during the quarter. As a result, the segment’s order book reached US$11.1 billion in Q3 2024, up almost 30% year-on-year.
DEFENCE AND SECURITY
In defence and security, the Hungarian Air Force received its first C-390 Millennium and the Brazilian Air Force received its seventh unit.
In addition, a new firm contract for the acquisition of nine C-390 aircraft was signed with the Netherlands and Austria. The positive momentum was transferred to the A-29 Super Tucano, with sales contracts signed with Paraguay and Uruguay.
The segment's order backlog reached US$3.6 billion, an increase of around US$1.5 billion or around 70% both quarter-on-quarter and year-on-year.
SERVICES
Finally, the Services and Support order backlog reached US$3.5 billion, an increase of more than 25% year-on-year and more than 10% compared to the previous quarter.
The company announced in the third quarter the expansion of its customer support network in the Asia-Pacific region through partnerships with SIA Engineering Corporation and Fokker Services Asia, and in the United States with a direct investment in new facilities in Texas.
