During the quarter, the company secured 36 firm orders and 30 purchase rights or options for its E2-family aircraft
Embraer, a leading Brazilian aircraft manufacturer, reported a record order backlog of USD 35.7 billion in the third quarter of this year, up 3 pc from the previous quarter and 14 pc year-on-year, driven by demand across its commercial, business aviation, defence and services divisions.
In a press statement, Embraer says that commercial aviation accounted for USD 15.8 billion of the backlog, up 5 pc quarter-on-quarter and 4 pc year-on-year. During the quarter, the company secured 36 firm orders and 30 purchase rights or options for its E2-family aircraft.
The statement adds that Abra Group, a pan-Latin American air transportation holding company headquartered in the United Kingdom, placed a firm order for 20 E195-E2 jets, with 10 additional options and 15 purchase rights. Binter, a Spanish airline, ordered five more E195-E2 aircraft, while Luxair converted three purchase rights for E190-E2 aircraft into firm orders. ANA Holdings in Japan ordered eight additional E190-E2 aircraft, taking its total firm orders to 23.
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Embraer received 72 firm orders for its E2-family aircraft in the first nine months of this year. Its commercial aviation division recorded a book-to-bill ratio of 1.2 times over the past 12 months, indicating that orders exceeded deliveries.
Embraer says that executive aviation recorded a backlog of USD 8.2 billion, up 5 pc quarter-on-quarter and 12 pc year-on-year. During the quarter, Embraer launched the Phenom 300EV, featuring Garmin Emergency Autoland technology, and delivered the first Praetor 600E to Flexjet. The division recorded a book-to-bill ratio of 1.4 times over the past 12 months.
Its Defence and Security division reported a backlog of USD 6.1 billion, up 56 pc year-on-year. Its main order during the quarter was a contract for two KC-390 Millennium military transport aircraft for Colombia’s Aerospace Force. The division has 43 firm orders for the KC-390 Millennium and 25 for the A-29 Super Tucano, with a book-to-bill ratio of 2.9 times.
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In Services and Support also, the backlog reached a record of USD 5.6 billion, up 2 pc quarter-on-quarter and 14 pc year-on-year. New agreements included long-term service contracts covering Portugalia’s fleet of 19 E190 aircraft and Alliance Airlines’ fleet of 40 E190s.
The division also signed 69 Executive Care contracts worth USD 53 million and secured additional support and training agreements for military aircraft operators, says the statement.