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Embraer Meets Aircraft Delivery Guidance for 2013

Discussion in 'Embraer News' started by Jet News, Jan 30, 2014.

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  1. Jet News

    Jet News JF News Editor Staff Member

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    Embraer Meets Aircraft Delivery Guidance for 2013, 119 business jets delivered


    Brazilian aircraft manufacturer Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) ended 2013 relatively strong in terms of completions and deliveries. The South America-located company delivered 32 commercial and 53 business jets during the fourth quarter of 2013 (4Q13), thus closing out the year with 90 airplanes delivered to the airline market and 119 to executive aviation, that is, 90 light and 29 large jets.

    Phenom 100 and 300s continue to do well for the manufacturer but there is still some kick for the larger cabin aircraft in their portfolio offering. Therefore, Embraer met the estimated aircraft delivery guidance proposed for 2013, for both commercial jets and executive jets from the light and large categories. At the end of the year, the firm order backlog stood at USD 18.2 billion.

    For more information:

    Embraer Brasileira
    de Aeronautica S.A.
    Avenida Brigadeiro Faria Lima, 2170
    São Paulo, São José dos Campos
    12227-901
    Brazil
    www.embraer.com.br

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