Embraer reported strong financial results for the third quarter of 2024. The company delivered a total of 57 jets, a 33% increase compared to the same period last year. The manufacturer’s backlog reached a record high of $22.7 billion. The Defense & Security segment saw the largest increase in backlog, followed by Services & Support. Executive and Commercial Aviation segments experienced slight declines.
In Executive Aviation, deliveries increased by 45% year-over-year. The Praetor 500 and Praetor 600 business jet accounted for nearly half of the segment’s deliveries, with the Phenom 300 outselling the competition in the light jet segment.
Reginal airliner deliveries increased by over 5% year-over-year. The highlight was the delivery of the first E2 aircraft ordered by LOT Polish Airlines. Virgin Australia also placed an order for eight E190-E2 aircraft.
The Defense & Security segment delivered two C-390 Millennium transports and secured new contracts with the Netherlands and Austria. The A-29 Super Tucano also garnered attention with sales contracts signed with Paraguay and Uruguay. The segment’s backlog surged by approximately 70% year-over-year.
Embraer’s Services & Support backlog reached US3.5 billion, up over 25% year-over-year. The company expanded its customer support network in the Asia-Pacific region and the United States.
