Embraer reports record order backlog of USD 26.3 billion

Delivers 75 aircraft in Q4 2024, 27 pc year-on-year increase

Embraer, a global aerospace leader, has reported a record backlog of USD 26.3 billion in the fourth quarter of 2024, marking a 40 pc year-on-year increase.

Embraer, a Brazilian aerospace manufacturing company, recently reported that its organisation-wide backlog reached USD 26.3 billion in the fourth quarter of 2024. The value is the largest ever recorded by the company in its history, and more than 40 pc higher year-on-year and 16 pc higher quarter-on-quarter.

In a press statement, Embraer says that it finished 2024 with an industry leading 2.2 book-to-bill ratio based on financial values. It adds that it delivered 75 aircraft in the last quarter of the year, 27 pc more than the 59 aircraft in the previous quarter, Q3 2024, and equal to the number in the same period a year ago, Q4 2023). Meanwhile, the company delivered a total of 206 aircraft in 2024, a 14 pc increase compared to the 181 aircraft in 2023.

The statement adds that in commercial aviation, the backlog reached USD 10.2 billion in the last quarter of 2024, marking a 15 pc year-on-year increase but 8pc decrease quarter-on-quarter. The business unit delivered 31 new aircraft in the last quarter of 2024 and 73 in the full year, at the upper end of the revised estimates of 70-73 for the year and within the original estimates of 72-80. The commercial aviation segment of the company finished 2024 with a strong 1.6 book-to-bill ratio based on financial values.

Luxair formalised an order for two E195-E2s, which will complement the airline’s fleet of larger aircraft already requested. By exercising 2 secured options on its 2023 firm order for 4 aircraft, Luxair now has a total of 6 E195-E2 jets requested. Thus, Embraer currently has 179 firm orders for the E2 Jets family and 164 for the E1-175 Jet aircraft.

According to the statement, the backlog for executive aviation soared to USD 7.4 billion in the fourth quarter of 2024, 70 pc higher year-on-year and 67 pc higher quarter-on-quarter, marking a new all-time high for the business unit supported by a marquee contract with Flexjet.

The deal includes 182 firm orders for Phenom 300E, Praetor 500, and Praetor 600 aircraft with deliveries from 2026 to 2030, and up to 30 additional Praetor options. The division also delivered 44 jets in the last quarter of 2024, and a total of 130 for the year, at the midpoint of the original guidance for 2024, and a 14-year high. Executive aviation finished 2024 with an industry leading 2.7 book-to-bill ratio based on financial values

In services and support, the backlog rose to USD 4.6 billion in the last quarter of 2024, 50pc higher year-on-year and more than 30 pc higher quarter-on-quarter, propped by long-term contracts with Flexjet in Executive Aviation, and Air Serbia, LOT Polish Airlines and CommuteAir in Commercial Aviation, says the statement.