Embraer Deliveries Up 30 Percent in Third Quarter

Embraer delivered 43 jets during the third quarter, bringing the total aircraft shipped by the company in 2023 to 105.

Kate O'Connor

Friday, October 27, 2023 at 06:00 PM ET

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Brazil-based Embraer has delivered more than 8,000 aircraft since it was founded in 1969. [Courtesy: Embraer]

Key Takeaways:

Embraer reported strong delivery growth in Q3 and year-to-date 2023, with total aircraft shipments up 30% and 33% respectively, marking the second consecutive quarter of double-digit growth.
The company's firm order backlog grew to $17.8 billion by the end of Q3, including a record-high $2.8 billion for its Services & Support unit.
Commercial aviation deliveries increased, while the executive jet segment saw sustained demand across its portfolio.
Embraer's Defense & Security unit achieved milestones including the first KC-390 entering service outside Brazil and the C-390 Millennium being selected by Austria and the Czech Republic.

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Embraer announced Thursday that it delivered 43 jets during the third quarter, bringing the total aircraft shipped by the company in 2023 to 105. The number represents a 33 percent increase in year-to-date deliveries over last year.

Overall, Embraer reported a 30 percent rise in Q3 deliveries compared to the same time period in 2022, marking the second consecutive quarter in which it recorded double-digit delivery growth. Third-quarter shipments in its commercial aviation segment grew from 10 aircraft last year to 15 in 2023. On the executive side, Embraer delivered a total of 19 light and nine medium jets, representing a combined 22 percent increase over Q3 2022.