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  HOME | Brazil (Click here for more)

Brazil’s Embraer Delivers 32 Aircraft in First Quarter

RIO DE JANEIRO – Brazil’s Embraer, the world’s fourth-largest plane manufacturer, said on Thursday that it delivered 32 aircraft during the first quarter, including 20 commercial airliners.

The total was down from 34 units in the same period of 2014, but only 14 of those aircraft were airliners, which are more expensive than Embraer’s executive planes.

All 20 airliners delivered in January-March were E175s, Embraer’s third-largest plane and a popular model with airlines specializing in regional flights.

The list of executive aircraft delivered includes 10 small airplanes and two of the larger Legacy 500 model.

Embraer ended the first quarter with $20.4 billion in confirmed orders, down from $20.9 billion at the end of December, the company said in a report to shareholders.

The current portfolio of orders includes 1,564 planes, mostly the E190 and E175 models.

Among the contracts signed by Embraer during the first quarter was one for the sale of 15 E175s and two E190s to KLM Cityhopper, a regional subsidiary of KLM, for $764 million.

Embraer, the world leader in the manufacture of commercial aircraft for regional routes, is one of Brazil’s major exporters.


 

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