Embraer Deliveries Increase 47% in Q2 2023

Dark/Light Mode (04/08/23)  Embraer delivered a total of 47 jets in the second quarter of 2023, 47% more than during the same period last year.

Of the deliveries, 17 were commercial aircraft and 30 were executive jets (19 light jets and 11 midsize jets).

Compared to the second quarter of 2022, the delivery volume increased by 55% in commercial aviation and 43% in executive jets.

Thus far in 2023, the company has delivered 62 aircraft (24 commercial and 38 executive). In the first half of 2023, the volume increased 35% compared to 2022, when 46 jets were delivered.

The firm order backlog ended the period at US$ 17.3 billion.

Air Astana E190-E2 Snow Leopard. Picture by Steven Howard of TravelNewsAsia.com

In commercial aviation, American Airlines signed a firm order with Embraer for seven new E175s. The aircraft will be operated by the subsidiary Envoy Air. With deliveries to begin 4Q23, Envoy’s fleet of E-Jets will grow to over 141 aircraft by the end of 2024.

Embraer also received a firm order from Binter for six E195-E2s, which will bring Binter’s E2 fleet to 16 jets when deliveries are completed.

Malaysia’s SKS Airways closed an agreement to add ten E195-E2 jets to its fleet. In addition, SKS joined the Pool Program to support aircraft to be operated in Southeast Asia.

Scoot, a subsidiary of Singapore Airlines, is also adding nine E190-E2s to its portfolio.

Royal Jordanian Airlines reached an agreement to introduce eight E190-E2 and E195-E2 jets into its operations, with deliveries starting in the 4Q23.

The deals with SKS, Scoot and Royal Jordanian involved contracts with the leasing company Azorra.

Four E175s began to operate with Star Air, an Indian airline that already operates E-Jets. Star Air has also extended its Pool Program contract to include the E175s in its fleet.

In addition to Star Air and SKS Airways, Embraer Services & Support signed Pool Program contract extensions with Rex Group (Australia) and Amelia (France).

Another highlight of the quarter for the business unit was the announcement of 20 E-Jets P2F for the Lanzhou Group, the first Embraer P2F agreement in China.

In executive aviation, NetJets signed a contract with Embraer for the acquisition of up to 250 Praetor 500 jet options, valued at more than US$ 5 billion. Deliveries are expected to begin in 2025.

For Embraer Defense & Security, a memorandum of understanding was signed with Saab to position the C-390 Millennium as the preferred solution for the tactical air transport requirements of the Swedish Air Force and in the search for opportunities for potential Gripen customers in Latin America.

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