EMBRAER S.A.: Embraer Delivers nine Commercial and 13 Executive Jets in 1Q21

Rhea-AI Summary

Embraer delivered 22 jets in Q1 2021, comprising 9 commercial aircraft and 13 executive jets, including models like the E195-E2. The firm order backlog stands at USD 14.2 billion as of March 31, 2021. Notable deliveries include the first E195-E2 to KLM Cityhopper and Air Peace, with Air Peace being the launch customer for the E2 in Africa. The backlog for Commercial Aviation includes significant orders for the E175, E190, and E195 series, totaling 1,904 firm orders.

Positive

• Delivered 22 jets in Q1 2021, indicating strong operational performance.
• Significant firm order backlog of USD 14.2 billion enhances future revenue prospects.
• Notable deliveries include first E195-E2 to KLM Cityhopper and Air Peace, expanding market presence.

Negative

• None.

SÃO JOSÉ DOS CAMPOS, Brazil, April 27, 2021 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: EMBR3) delivered a total of 22 jets in the first quarter of 2021, of which nine were commercial aircraft and 13 were executive jets (10 light and three large). As of March 31^st, the firm order backlog totaled USD 14.2 billion.

Deliveries by Segment	1Q21
Commercial Aviation	9
EMBRAER 175 (E175)	2
EMBRAER 190-E2 (E190-E2)	2
EMBRAER 195-E2 (E195-E2)	5
Executive Aviation	13
Phenom 100	1
Phenom 300	9
Light Jets	10
Praetor 500	1
Praetor 600	2
Large Jets	3
TOTAL	22

During 1Q21, KLM Cityhopper, the regional subsidiary of KLM Royal Dutch Airlines, received its first E195-E2 jet. This first E2 delivery to KLM, and lessor ICBC Aviation Leasing, elevated the total number of Embraer jets in the KLM Cityhopper fleet to 50 aircraft.

In the same period, Air Peace, Nigeria and West Africa's largest airline, took delivery of its first E195-E2 aircraft. Air Peace is the launch customer in Africa for the E2. The airline is also the global launch customer for Embraer's innovative premium staggered seating design.

Also, during the first quarter, Embraer delivered the first conversion of a Legacy 450 to a Praetor 500 jet for AirSprint Private Aviation. The Canadian fractional ownership company has another Legacy 450 scheduled to convert to a Praetor 500 this year, in addition to the delivery of a brand-new Praetor 500, also expected in 2021. With these additions, AirSprint will have three Praetor 500s in its fleet, and a total of nine Embraer aircraft.

Backlog - Commercial Aviation (March 31, 2021)
Aircraft Type	Firm Orders	Options	Deliveries	Firm Order Backlog
E170	191	-	191	-
E175	798	274	668	130
E190	568	-	565	3
E195	172	-	172	-
190-E2	22	61	17	5
195-E2	153	47	19	134
Total	1,904	382	1,632	272
Note: Deliveries and firm order backlog include orders for the Defense segment placed by State-run
airlines (Satena and TAME).

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View original content:http://www.prnewswire.com/news-releases/embraer-sa-embraer-delivers-nine-commercial-and-13-executive-jets-in-1q21-301277906.html

SOURCE Embraer S.A.

FAQ

How many jets did Embraer deliver in Q1 2021?

Embraer delivered a total of 22 jets in Q1 2021.

What is Embraer's order backlog as of March 31, 2021?

Embraer's firm order backlog totaled USD 14.2 billion as of March 31, 2021.

What types of jets were included in Embraer's Q1 2021 deliveries?

Embraer's Q1 2021 deliveries included 9 commercial aircraft and 13 executive jets.

Who are the launch customers for the E195-E2?

KLM Cityhopper and Air Peace are the launch customers for the E195-E2.

What models of jets were delivered by Embraer in Q1 2021?

In Q1 2021, Embraer delivered the E175, E190-E2, E195-E2, Phenom 100, Phenom 300, Praetor 500, and Praetor 600.