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Embraer Executive Aviation has significantly increased its aircraft deliveries in the first quarter of 2024, delivering 18 jets, compared to just eight in the same period last year. This growth not only reflects a robust start to the year but has also contributed to an impressive $300 million increase in the company’s backlog, now standing at $4.6 billion. In a detailed breakdown of deliveries, Embraer reported that the first three months saw the delivery of one Phenom 100 and 10 Phenom 300s. This is a substantial increase, particularly for the Phenom 300, compared to the same quarter in 2023, which saw two Phenom 100s and four Phenom 300s delivered. Additionally, the company handed over three Praetor 500s and four Praetor 600s, marking significant growth in the delivery of these models as well. 2024 is shaping up to be a banner year for Embraer, with the company projecting to deliver between 125 and 135 jets, an increase of 10 to 20 aircraft over 2023. This ambitious target comes after Embraer shipped 115 executive jets last year, an increase from 102 in the previous period. Highlighting its strategic initiatives, Embraer mentioned its new Production Levelling Plan, aimed at stabilizing production rates throughout the year. This shift is designed to move away from the traditional spike in deliveries during the fourth quarter, fostering a more consistent output across all quarters. For a deeper dive into how Embraer is optimizing its production and expanding its market presence, head over to our blog for the full story. #AvfoilNews #EmbraerExecutiveAviation #AerospaceIndustry #BusinessJets #Aviation #Phenom300 #Praetor600

Embraer grows first quarter deliveries backlog

Embraer grows first quarter deliveries backlog

avfoil.com

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