Embraer

Embraer reported the delivery of 75 aircraft in the fourth quarter of 2023 (4Q23), comprising 49 executive jets (30 light and 19 medium), 25 commercial jets, and one military C-390 jet. Despite facing supply chain challenges impacting 2023 deliveries, the company experienced a 13% increase compared to 2022, delivering a total of 181 aircraft. The backlog for 2023 rose by US$1.2 billion year-on-year (YoY), reaching US$18.7 billion, the highest since 1Q18.

In Executive Aviation, the business unit sustained sales momentum, achieving a book-to-bill ratio exceeding 1.3:1, resulting in a US$4.3 billion backlog, a US$400 million YoY growth. Light jet deliveries reached a seven-year high with 74 aircraft, a 12% YoY increase, while medium jet deliveries posted a double-digit annual growth at 14% with 41 aircraft.

The Defence and Security sector saw the C-390 Millennium secure a victory in South Korea