Embraer deliveries increase 13% at end of 2023

Embraer E2 jet family deliveries more than doubled in 2023
Embraer E2 jet family deliveries more than doubled in 2023

Embraer delivered 75 aircraft in in the fourth quarter of 2023 according to the latest figures released by the company. This included 49 executive jets (30 light and 19 medium), 25 commercial jets and one military C-390 military transport jet.

In 2023, Embraer supplied 181 aircraft, an increase of 13% compared to 2022 when the company delivered 160. However, the company says it continues to face supply chain delays which have affected 2023 deliveries.

The company’s backlog rose by US$1.2 billion year on year, reaching a total of US$18.7 billion in 2023 – the highest number recorded since the first quarter of 2018.

Executive aviation continued its sales momentum with sustained demand across Embraer’s 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 year on year. The 74 deliveries of light jets in 2023 were 12% higher year on year and the largest volume in seven years. Moreover, the 41 deliveries of medium jets also posted double-digit annual growth at 14%.

In defence and security, South Korea was in the spotlight with the news that the C-390 Millennium in the Large Transport Aircraft (LTA) II public tender was to provide the country’s new military transport aircraft. South Korea 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.

In commercial aviation, E-Jet family deliveries increased 12% year on year 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.

Porter Airlines exercised its purchase rights and placed a firm order for 25 Embraer E195-E2 passenger jets, adding to its existing 50 aircraft firm orders. The Canadian airline now has a total of 46 firm orders to be delivered and 25 remaining purchase rights.

Services and support ended 2023 with a backlog of US$3.1 billion, a US$400 million growth year on year - the highest level ever recorded. The backlog includes renewed contracts of integrated logistical support services and comprehensive airframe maintenance programs, such as the pool program for commercial aviation and Embraer Executive Care for executive aviation. These long-term contracts in the backlog cover mainly pool contracts and other services as spare parts, repair, maintenance, and technical services.

https://embraer.com

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Embraer

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