FX.co ★ Embraer Q2 Jet Deliveries Down 2.08%

Embraer (ERJ) reported delivering 47 jets in the second quarter of 2024, marking a 2.08% decrease from the same period last year.

The company highlighted that the Commercial Aviation segment experienced robust growth, with 19 jets delivered, representing approximately a 170% increase compared to the previous quarter. In the Executive Jets division, Embraer delivered a commendable 27 aircraft. Additionally, the Defense segment successfully delivered one multi-mission airlift C-390 Millennium.

Embraer's total backlog reached $21.1 billion, reflecting an annual increase of over 20% and achieving a seven-year high.