EMBRAER S.A.: Embraer Delivers Four Commercial and 13 Executive Jets in 2Q20

Rhea-AI Summary

On July 20, 2020, Embraer (NYSE: ERJ) announced the delivery of 17 jets in Q2 2020, comprising 4 commercial and 13 executive jets. The firm's total order backlog reached USD 15.4 billion as of June 30. Despite the ongoing challenges posed by the Covid-19 pandemic, the company marked the delivery of its 1,600th E-Jet to Helvetic Airways, which also converted orders to larger aircraft. Additionally, Congo Airways adjusted its orders from E175 to E190-E2 jets. Embraer also delivered its third C-390 Millennium to the Brazilian Air Force.

Positive

• Total order backlog reached USD 15.4 billion.
• Delivered 1,600th E-Jet to Helvetic Airways.
• Congo Airways converted orders benefiting Embraer's sales.

Negative

• Fewer aircraft delivered compared to previous years due to Covid-19 impact.

SÃO JOSÉ DOS CAMPOS, Brazil, July 20, 2020 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: BOVESPA: EMBR3) delivered a total of 17 jets in the second quarter of 2020, of which four were commercial aircraft and 13 were executive jets (nine light and four large). As of June 30, the firm order backlog totaled USD 15.4 billion. See details below:

Deliveries by Segment	2Q20	2020
Commercial Aviation	4	9
EMBRAER 175 (E175)	2	5
EMBRAER 190-E2 (E190-E2)	2	3
EMBRAER 195-E2 (E190-E2)	-	1
Executive Aviation	13	22
Phenom 100	2	2
Phenom 300	7	12
Light Jets	9	14
Legacy 650	1	1
Praetor 500	1	2
Praetor 600	2	5
Large Jets	4	8
TOTAL	17	31

In the second quarter of 2020, Embraer delivered fewer commercial and executive jets than in previous years in the second quarter, largely due to the Covid-19 pandemic that is affecting the world.

In the commercial aviation segment, Embraer delivered the 1,600^th E-Jet, which was received by Helvetic Airways. In addition to receiving the commemorative aircraft, the Swiss airline also announced an upgrade of its firm order with Embraer, converting four of its E190-E2s in backlog to E195-E2s, the largest aircraft in the EJets-E2 family. Helvetic`s order is now for a total of eight E190-E2s, four E195-E2s, and with purchase rights for a further twelve EJets-E2.

Also, Congo Airways converted its firm order made in December 2019 for two E175 aircraft, with purchase rights for two more, into a firm order for two E190-E2 jets, with purchase rights for a further two aircraft.

In the Defense & Security segment, Embraer delivered the third C-390 Millennium multi-mission medium airlifter to the Brazilian Air Force (FAB). Similar to the first two units delivered in 2019 and the additional 25 which will be delivered to the FAB, this third unit is prepared to perform aerial refueling missions, with the KC-390 Millennium designation.

In the Executive Jets segment, Embraer announced the first delivery of its new, enhanced Phenom 300E to Texas law firm Dunham & Jones, Attorneys at Law, P.C.

Backlog - Commercial Aviation (June 30, 2020)
Aircraft Type	Firm Orders	Options	Deliveries	Firm Order Backlog
E170	191	-	191	-
E175	798	291	639	159
E190	568	-	564	4
E195	172	-	172	-
190-E2	25	63	14	11
195-E2	148	47	8	140
Total	1,902	401	1,588	314
Note: Deliveries and firm order backlog include orders for the Defense segment placedby State-run airlines
(Satena and TAME).

Follow us on Twitter: @Embraer

About Embraer

A global aerospace company headquartered in Brazil, Embraer celebrates its 50th anniversary with 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 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.

PRESS OFFICES:

Headquarters (Brazil)

Corporate Communications
embraer@idealhks.com    
Cell: +55 11 98890 7777
Tel.: +55 11 4873 7984

North America

Alyssa Ten Eyck
ayeck@embraer.com    
Cell: +1 954 383 0460
Tel.: +1 954 359 3847

Europe, Middle East and Africa

Guy Douglas
guy.douglas@nl.embraer.com    
Cell: +31 (0)657120121
Tell: +31 (0)202158109

China

Mirage Zhong
mirage.zhong@bjs.embraer.com    
Cell:  +86 185 1378 5180
Tel.: +86 10 6598 9988

Asia Pacific

Nilma Missir-Boissac
nilma.boissac@sin.embraer.com    
Cell: +65 9012 8428
Tel.: +65 6305 9955

View original content:http://www.prnewswire.com/news-releases/embraer-sa-embraer-delivers-four-commercial-and-13-executive-jets-in-2q20-301096050.html

SOURCE Embraer S.A.

FAQ

How many jets did Embraer deliver in Q2 2020?

Embraer delivered a total of 17 jets in Q2 2020.

What is the current order backlog for Embraer?

As of June 30, 2020, Embraer's order backlog totaled USD 15.4 billion.

What types of jets were delivered by Embraer in Q2 2020?

In Q2 2020, Embraer delivered 4 commercial jets and 13 executive jets.

Which airline received the 1,600th E-Jet from Embraer?

Helvetic Airways received the 1,600th E-Jet from Embraer.

What impact did Covid-19 have on Embraer's deliveries?

The Covid-19 pandemic led to fewer aircraft deliveries compared to previous years.