Embraer Delivers 21 Commercial and 23 Executive Jets in 1Q16
SAO JOSE DOS CAMPOS, Brazil, April 14, 2016 /PRNewswire/ -- During the first quarter of 2016 (1Q16), Embraer (NYSE: ERJ; BM&FBOVESPA: EMBR3) delivered 21 jets to the commercial aviation market and 23 to the business aviation market. The 44 aircraft represent a 37.5% increase over the previous year, when 32 aircraft (20 commercial and 12 executive jets) were delivered.
The executive aviation segment delivered 12 light jets and 11 large jets during 1Q16, compared to 10 light jets and 2 large jets in the same period last year. See the details below:
|
Deliveries by Segment |
1Q16 |
|
Commercial Aviation |
21 |
|
EMBRAER 175 (E175) |
19 |
|
EMBRAER 195 (E195) |
2 |
|
Executive Aviation |
23* |
|
Light jets |
12 |
|
Large jets |
11 |
|
TOTAL |
44 |
*1 Phenom 100E, 11 Phenom 300, 5 Legacy 500 and 6 Legacy 650
On March 31, Embraer's firm order backlog totaled USD 21.9 billion.
The quarter's highlight was the rollout of the E190-E2, the first model of the second generation of the E-Jets family of commercial aircraft. In addition, during 1Q16 Austrian Airlines began E-Jets operations (the airline started to incorporate 17 used E195 jets in its fleet).
The agreement signed this week with Horizon Air, a subsidiary of Alaska Air, for 30 E175 jets with options for another 33 aircraft of the same model, totaling USD 2.8 billion based on current list prices, if all options are exercised, will be included in the 2016 second quarter backlog.
In Executive Aviation, the highlight was the announcement of the partnership with Across for sales of business jets in Mexico. Under this agreement, the premium business aviation services provider, based at Toluca International Airport (AIT), on the outskirts of Mexico City, became an authorized sales representative for Embraer's full business jet portfolio in the Mexican market. In addition, the General Aviation Manufacturers Association (GAMA) released the 2015 worldwide year-end aircraft shipment and billing report, showing the Phenom 300 as the most-delivered business jet in the world for the third consecutive year.
Follow us on Twitter: @EmbraerSA
For more information, please visit www.embraer.com
Contacts:
Headquarters (Brazil) Saulo Passos [email protected] Cell: +55 11 94254 4017 Tel.: +55 11 3040 1799North America Alyssa Ten Eyck [email protected] Cell: +1 954 383 0460 Tel.: +1 954 359 3847 Europe, Middle East and Africa [email protected] Cell: +55 11 94254 4017 Tel.: +55 11 3040 1799China Mirage Zhong [email protected] Cell: +86 185 1378 5180 Tel.: +86 10 6598 9988 Asia Pacific Nilma Missir-Boissac [email protected] Cell: +65 9012 8428 Tel.: +65 6305 9955
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/embraer-delivers-21-commercial-and-23-executive-jets-in-1q16-300251597.html
SOURCE Embraer S.A.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Janus International Group to Participate in the 2026 Jefferies Global Industrials Conference
- AIG Announces Board Leadership Transition
- Tradr Filed for Long and Short Anthropic ETFs: ANTT & ANTZ
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share