Embraer Delivers 80 Jets in 4Q22 and 159 in 2022

Rhea-AI Summary

Embraer (NYSE: ERJ) reported the delivery of 80 jets in 4Q22, totaling 159 for the year, marking a 12.7% increase from 2021. The firm order backlog reached US$ 17.5 billion as of December 31, 2022. In 4Q22, the company confirmed a US$ 1.17 billion order for 15 E195-E2 aircraft and an additional order from Binter worth US$ 389.4 million. The E190-E2 received certifications in location value="LC/cn"China and location value="LC/ca"Canada, enhancing its market presence. The Executive Aviation segment also demonstrated growth with 50 jet deliveries.

Positive

• 80 jets delivered in 4Q22, totaling 159 in 2022, a 12.7% increase from 2021.
• Firm order backlog reached US$ 17.5 billion as of December 31, 2022.
• Confirmed US$ 1.17 billion order for 15 E195-E2 aircraft.
• Additional order from Binter valued at US$ 389.4 million.
• E190-E2 certified in China and Canada, expanding market reach.
• 50 jets delivered in Executive Aviation segment.

Negative

• None.

News Market Reaction

+2.82%

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+2.82% News Effect

On the day this news was published, ERJ gained 2.82%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

• The company has delivered 57 commercial jets and 102 executive jets
• On December 31^st, the backlog reached US$ 17.5 billion

SÃO JOSE DOS CAMPOS, Brazil, Feb. 17, 2023 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: EMBR3) delivered 80 jets in the fourth quarter of 2022, of which 30 were commercial jets and 50 were executive jets (33 light and 17 mid-size). Over the year, the company delivered 159 aircraft (57 commercial jets and 102 executive jets). Embraer increased the number of aircraft delivered by 12.7% compared with 2021. As of December 31, the firm order backlog reached US$ 17.5 billion.

Deliveries by Segment	4Q22	2022
Commercial Aviation	30	57
E175	14	35
E190	3	3
E190-E2	1	1
E195-E2	12	18
Executive Aviation	50	102
Phenom 100	2	7
Phenom 300	31	59
Light Jets	33	66
Praetor 500	6	15
Praetor 600	11	21
Midsize Jets	17	36
TOTAL	80	159

In Commercial Aviation, Embraer confirmed in 4Q22 a US$ 1.17 billion firm order to supply 15 new E195-E2 aircraft to an undisclosed customer. The company has also confirmed another five E195-E2 firm order from Binter for US$ 389.4 million at list price.

Backlog - Commercial Aviation (December 31, 2022)
Aircraft Type	Firm Orders	Deliveries	Firm Order Backlog
E170	191	191	-
E175	818	728	90
E190	568	568	0
E195	172	172	-
E190-E2	25	18	7
E195-E2	245	51	194
Total	2,019	1,728	291
Note: Deliveries and firm order backlog include orders for the Defense segment placed by
State-run airlines (Satena and TAME).

Another milestone was the certification of the E190-E2 in China, as well as the certification of the E-Jets E2 (E195-E2 and E190-E2) in Canada. Last December, Porter Airlines took delivery of five E195-E2s. The Canadian airline has ordered 50 E195-E2 in total. During the quarter, Embraer delivered three new E190 aircraft to CIAF Leasing, a company headquartered in Cairo, Egypt.

In Executive Aviation, Embraer delivered 50 jets (33 light and 17 mid-size) in 4Q22, while sales in the business aviation segment continues its momentum.

In the Services & Support, Embraer signed two contracts for heavy maintenance services with Envoy Air Inc. and with JSX, totaling US$72 million. In addition, TUI has signed a contract for the Pool Program to support the E195-E2 jet fleet. Also, NAC signed a firm contract for up to 10 new E190F/E195F cargo aircraft conversions.

About Embraer

A global aerospace company headquartered in Brazil, Embraer (NYSE: ERJ; B3: EMBR3) has businesses in Commercial and Executive aviation, Defense & Security, and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing Services & Support to customers after sales.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets with up to 150 seats and the main exporter of high-value-added goods in Brazil. The company maintains industrial units, offices, service, and parts distribution centers, among other activities, across the Americas, Africa, Asia, and Europe.

View original content:https://www.prnewswire.com/news-releases/embraer-delivers-80-jets-in-4q22-and-159-in-2022-301749807.html

SOURCE Embraer S.A.

FAQ

What were the delivery numbers for Embraer in 2022?

Embraer delivered a total of 159 aircraft in 2022, including 57 commercial jets and 102 executive jets.

What is Embraer's firm order backlog as of December 31, 2022?

The firm order backlog for Embraer reached US$ 17.5 billion as of December 31, 2022.

What significant orders did Embraer announce in 4Q22?

In 4Q22, Embraer confirmed a US$ 1.17 billion order for 15 E195-E2 aircraft and a US$ 389.4 million order from Binter.

Which aircraft received certification in China and Canada?

The E190-E2 aircraft received certifications in both China and Canada.

How many jets did Embraer deliver in 4Q22?

Embraer delivered 80 jets in 4Q22, comprising 30 commercial jets and 50 executive jets.