Embraer reached 75 deliveries in the last quarter of 2024, for a total of 206 new aircraft in the year

Rhea-AI Summary

Embraer (ERJ) reported strong delivery performance in Q4 2024, with 75 aircraft delivered, marking a 27% increase from Q3 2024's 59 deliveries. The company achieved total deliveries of 206 aircraft in 2024, representing a 14% increase from 2023's 181 aircraft.

Commercial Aviation delivered 31 aircraft in Q4, reaching 73 deliveries for 2024, meeting the revised guidance of 70-73 aircraft. Executive Aviation delivered 44 jets in Q4, totaling 130 deliveries for the year, hitting the midpoint of their 125-135 guidance. The Defense & Security segment delivered 3 C-390 Millennium aircraft in 2024, up from 2 in 2023.

By model breakdown, the E195-E2 led commercial deliveries with 39 units, while the Phenom 300 dominated executive aviation with 65 deliveries. The company's performance showed growth across all business units, with Commercial and Executive Aviation increasing by 14% and 13% respectively year-over-year.

Positive

• Total deliveries increased 14% YoY to 206 aircraft
• Commercial Aviation hit top end of revised guidance with 73 deliveries
• Executive Aviation met guidance with 130 deliveries
• Defense & Security increased deliveries by 50% YoY
• Q4 deliveries up 27% from Q3 2024

Negative

• None.

News Market Reaction – ERJ

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On the day this news was published, ERJ gained 3.22%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

SÃO PAULO, Jan. 16, 2025 /PRNewswire/ -- Embraer (NYSE: ERJ / B3: EMBR3), one of the global leaders in the aerospace industry, delivered 75 aircraft in 4Q24 – or 27% higher than in the previous quarter (3Q24), when 59 aircraft were delivered, and equal to the volume of the same period of 2023 (4Q23). For the full year, 206 aircraft were delivered in 2024 – a number 14% higher than the 181 recorded in 2023.

With 31 deliveries in the last three months of the year, Commercial Aviation reached 73 new aircraft in 2024 (at the top of the revised 70-73 guidance range for the year, and inside the original 72-80 guidance). Meanwhile, Executive Aviation was responsible for another 44 jets in the quarter, and for the total of 130 deliveries in the year (at the midpoint of the original guidance). In comparison with 2023, growth in these business units was +14% and +13%, respectively. Last, but not least, Defense & Security also surpassed the previous year's result with the delivery of 3 new C-390 Millennium in 2024 versus 2 in 2023.

	Deliveries by Segment	4Q24	3Q24	4Q23	2024 FY	2023 FY	2024 Guidance
	Executive Aviation	44	41	49	130	115	125-135
	Phenom 100	3	4	6	10	11
	Phenom 300	19	18	24	65	63
	Light Jets	22	22	30	75	74
	Praetor 500	13	9	10	28	20
	Praetor 600	9	10	9	27	21
	Medium Jets	22	19	19	55	41
	Commercial Aviation	31	16	25	73	64	70-73
	E195-E2	18	10	17	39	38
	E190-E2	2	2	1	8	1
	E175	11	4	7	26	25
	Total Commercial & Executive	75	57	74	203	179	195-208*
	Defense & Security	-	2	1	3	2
	C-390 Millennium	-	2	1	3	2
	A-29 Super Tucano	-	-	-	-	-
	*Excludes C-390 Millennium and A-29 Super Tucano deliveries

 

About Embraer 

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense and Security, and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing Services and Support to customers after-sales.

Since it was founded in 1969, Embraer has delivered more than 9,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 150 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-reached-75-deliveries-in-the-last-quarter-of-2024-for-a-total-of-206-new-aircraft-in-the-year-302353500.html

SOURCE Embraer S.A.

FAQ

How many aircraft did Embraer (ERJ) deliver in Q4 2024?

Embraer delivered 75 aircraft in Q4 2024, equal to Q4 2023 and 27% higher than Q3 2024's 59 deliveries.

What was Embraer's (ERJ) total aircraft delivery count for 2024?

Embraer delivered a total of 206 aircraft in 2024, representing a 14% increase from 181 deliveries in 2023.

Did Embraer (ERJ) meet its 2024 Commercial Aviation delivery guidance?

Yes, Embraer met its revised Commercial Aviation guidance by delivering 73 aircraft, hitting the top end of the 70-73 range.

How many Executive Jets did Embraer (ERJ) deliver in 2024?

Embraer delivered 130 executive jets in 2024, meeting the midpoint of their guidance range of 125-135 aircraft.

What was the year-over-year growth in Embraer's (ERJ) Commercial Aviation segment for 2024?

Embraer's Commercial Aviation segment grew by 14% year-over-year, delivering 73 aircraft in 2024 compared to 64 in 2023.