Embraer has quarter of recovery in sales and deliveries
Number of jets ordered reaches 1,890 units, with 1,527 aircraft delivered by the end of June
Within a few months of having its commercial jet division absorbed by Boeing, Embraer posted more optimistic numbers in the second quarter of this year when 26 jets were delivered in the period, 22 of them the most successful E175. In all, the company accumulates 1,890 orders with 1,527 of them delivered.
The Brazilian manufacturer practically ended production of the E195, the largest variant of the original family. Of the 172 aircraft ordered 171 have already been delivered, two of them in the second quarter of 2019. The E190-E1 variant is also about to leave the assembly line, missing six units.
Already the new E2 family continues to have a shy sales performance. Firm orders grew by 10 units from 158 to 168 of the E190-E2 and E195-E2 variants, but only six aircraft have been delivered so far, three to Wideroe and other three to Aercap. Last quarter, Embraer completed only one aircraft, demonstrating that the assembly line in São José dos Campos has not yet set a real pace.
Leader and expanding presence
On the other hand, the first-generation E175, tailor-made for the US market, continues to see its numbers expanded. Despite delivering 22 jets, the backlog is still full, with 194 orders in addition to 329 purchase options, an increase of 79 units.
In all, the E175 has had 599 deliveries, 40% of all larger Embraer commercial jets. The model accumulates 1,122 units ordered between firm orders and options, nearly half of the E1 and E2 families combined.
The achievement of the E175 is largely due to the absence of competitors. The Japanese SpaceJet M100 is not expected to hit the market until 2023 and Embraer’s own E175-E2 evolution, though anticipated before that, has no confirmed orders.
Still, Embraer’s backlog remains at a low level. The number of confirmed aircraft rose by four units, reaching 363 units, but far from 2016 when it was 500 aircraft.[DISPLAY_ULTIMATE_SOCIAL_ICONS]