EMBRAER S.A.: Embraer Delivers Seven Commercial and 21 Executive Jets in 3Q20
Embraer (NYSE: ERJ) announced the delivery of 28 jets in Q3 2020, comprising 7 commercial and 21 executive aircraft. The total firm order backlog reached USD 15.1 billion as of September 30, 2020. Notable deliveries included the 250th business jet in operation in Latin America and the first Phenom 300E with a new interior. Helvetic Airways committed to convert four orders to the larger E195-E2 aircraft. Overall, Embraer delivered 59 jets in 2020, making significant progress in both commercial and executive aviation sectors.
- Q3 2020 deliveries totaled 28 jets, including 7 commercial and 21 executive aircraft.
- Firm order backlog stands at USD 15.1 billion as of September 30, 2020.
- Helvetic Airways committed to converting orders to the E195-E2, enhancing future sales.
- Only 7 commercial jets delivered in Q3, a decline compared to previous quarters.
- Overall deliveries reduced to 59 jets in 2020, reflecting market challenges.
SÃO JOSÉ DOS CAMPOS, Brazil, Oct. 20, 2020 /PRNewswire/ -- Embraer (NYSE: ERJ; B3: BOVESPA: EMBR3) delivered a total of 28 jets in the third quarter of 2020, of which seven were commercial aircraft and 21 were executive jets (19 light and 2 large). As of September 30, the firm order backlog totaled USD 15.1 billion. See details below:
Deliveries by Segment | 3Q20 | 2020 |
Commercial Aviation | 7 | 16 |
EMBRAER 175 (E175) | 6 | 11 |
EMBRAER 190 (E190) | 1 | 1 |
EMBRAER 190-E2 (E190-E2) | - | 3 |
EMBRAER 195-E2 (E190-E2) | - | 1 |
Executive Aviation | 21 | 43 |
Phenom 100 | 3 | 5 |
Phenom 300 | 16 | 28 |
Light Jets | 19 | 33 |
Legacy 650 | - | 1 |
Praetor 500 | 2 | 4 |
Praetor 600 | - | 5 |
Large Jets | 2 | 10 |
TOTAL | 28 | 59 |
During the 3Q, Embraer Executive Jets reached the milestone of the 250th business jet in operation in Latin America with the delivery of a Phenom 100EV and a Phenom 300E to two separate Brazilian customers. In the same period, Embraer Executive Jets delivered the first Phenom 300E with the new Bossa Nova interior to Joe Howley, co-founder of Patient Airlift Services (PALS).
Also in the third quarter, Helvetic Airways signed a commitment to convert four of their remaining firm orders to the larger E195-E2 aircraft. The original order, for 12 E190-E2s with purchase rights for a further 12, and conversion rights to E195-E2, was announced in September 2018. Embraer has so far delivered five E190-E2s to Helvetic Airways, and all deliveries of the remaining seven aircraft, including the four E195-E2s, will be completed before the end of 2021. In addition, during the period Bamboo Airways, from Vietnam, received and started operations with two first generation used E195 aircraft.
Backlog - Commercial Aviation (September 30, 2020) | ||||
Aircraft Type | Firm Orders | Options | Deliveries | Firm Order Backlog |
E170 | 191 | - | 191 | - |
E175 | 798 | 291 | 645 | 153 |
E190 | 568 | - | 565 | 3 |
E195 | 172 | - | 172 | - |
190-E2 | 22 | 63 | 14 | 8 |
195-E2 | 151 | 47 | 8 | 143 |
Total | 1,902 | 401 | 1,595 | 307 |
Note: Deliveries and firm order backlog include orders for the Defense segment placed by State-run | ||||
airlines (Satena and TAME). | ||||
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About Embraer
A global aerospace company headquartered in Brazil, Embraer 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 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.
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SOURCE Embraer S.A.
FAQ
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