Embraer reveals 2019 first quarter results

For the first quarter of 2019 Embraer has delivered a total of 22 jets, of which 11 were commercial aircraft and the remaining were executive jets ( 8 light and 3 large). The company revealed that it has a current backlog totalling US$16 billion.

During the first quarter, the company delivered the first E175 jet to Mauritania Airlines, the first of this model to the African continent. The airline signed a firm order for two further E175 jets in 2018. Embraer also signed in April, a firm order for ten E195-E2 jets with Nigeria’s largest airline, Air Peace, which will become the first E-Jets E2 operator in Africa. The contract includes purchase rights for a further 20 E195-E2s. With all the purchase rights being exercised, the contract has a value of US$2.12 billion based on current listings. This order will be included in Embraer’s second quarter 2019 backlog.

The world’s best-selling light jet for the seventh consecutive year, the Phenom 300 reached the mark of the 500th aircraft delivered, becoming the only business jet model to reach this milestone in the last ten years. The aircraft is in operation in more than 30 countries and has accumulated more than 780,000 flight hours. This milestone followed the announcement of the first Phenom 300E and Praetor 600 business jet sales to Brazilian customers.

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