{"id":181402,"date":"2025-02-06T17:05:42","date_gmt":"2025-02-06T17:05:42","guid":{"rendered":"https:\/\/www.aviationbusinessnews.com\/?p=181402"},"modified":"2025-02-06T17:05:42","modified_gmt":"2025-02-06T17:05:42","slug":"embraers-order-backlog-reaches-26-3-billion","status":"publish","type":"post","link":"https:\/\/www.aviationbusinessnews.com\/low-cost\/embraers-order-backlog-reaches-26-3-billion\/","title":{"rendered":"Embraer’s order backlog reaches $26.3 billion"},"content":{"rendered":"

Embraer has reported that its organization-wide backlog reached US$26.3 billion in 4Q24. The value is the largest ever recorded by the company in its history, and more than 40% higher year-on-year and 16% higher quarter-on-quarter.<\/p>\n

Embraer delivered 75 aircraft in the last quarter of the year, 27% more than the 59 aircraft in the previous quarter, and equal to the number in the same period a year ago. Meanwhile, the company delivered a total of 206 aircraft in 2024 \u2013 a 14% increase compared to the 181 aircraft in 2023.<\/p>\n

In Commercial Aviation, the backlog reached US$10.2 billion in 4Q24 \u2013 15% higher year-on-year but 8% lower quarter-on-quarter \u2013 because of the seasonally strong period of aircraft deliveries. The business unit delivered 31 new aircraft in the last quarter of 2024 and 73 in the full year (at the ceiling of revised estimates of 70-73 for the year and within the original estimates of 72-80). Consequently, Commercial Aviation finished 2024 with a strong 1.6 book-to-bill ratio based on financial values[2].<\/p>\n

Luxair formalized an order for 2 E195-E2s, which will complement the airline\u2019s 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.<\/p>\n

READ:\u00a0Embraer increases quarterly aircraft deliveries<\/a><\/strong><\/p>\n

In Executive Aviation, the backlog soared to US$ 7.4 billion in 4Q24 \u2013 70% higher year-on-year and 67% higher quarter-on-quarter \u2013 and 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.<\/p>\n

The division 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). Consequently, Executive Aviation finished 2024 with an industry leading 2.7 book-to-bill ratio based on financial values.<\/p>\n

The mid and super-mid-sized Praetor 500 and Praetor 600 represented half of the segment deliveries (22 jets) during the quarter, supported by the solid thrust forward of the aircraft family. Meanwhile, the Phenom 300, the best-selling aircraft in its category for 12 consecutive years worldwide, was the top performer (19 jets) over the period.<\/p>\n

It is important to highlight the progress observed in the company\u2019s production levelling initiative in 2024. Management managed to reduce how deliveries were skewed towards Q4 and better distribute them throughout the quarters. In 2024, Q4 deliveries accounted for 34% of the yearly total while that number was 45% on average for the previous five years. The company achieved significant results during the year and expects additional gains supported by supply chain improvements in the near future.<\/p>\n

In Services & Support, the backlog rose to US$4.6 billion in 4Q24 \u2013 50% higher year-on-year and more than 30% higher quarter-on-quarter \u2013 propped by long-term contracts with Flexjet in Executive Aviation, and Air Serbia, LOT Polish Airlines and CommuteAir in Commercial Aviation. These contracts for the latter group are for the Pool and Part Exchange Plus Programs whose objectives are to support these companies\u2019 fleet of E-Jets with a wide range of repair components, services and customized inventory. Additionally, contributions from spares\/exchange parts, technical publications, technical services, training, and modifications have played a key role in this result. Services & Support finished 2024 with an industry leading 1.9 book-to-bill ratio based on financial values[4].<\/p>\n

In Defence & Security, the backlog climbed to US$4.2 billion in 4Q24 \u2013 67% higher year-on-year and 15% higher quarter-on-quarter \u2013 supported by new orders for the C-390 Millennium and the A-29 Super Tucano. Embraer currently has 32 firm orders for our military transport and 17 for our light attack aircraft. Meanwhile, Defence & Security continued to ramp up production with the delivery of 3 new C-390 Millennium jets in 2024 versus 2 in 2023. Consequently, the business unit finished 2024 with an industry leading 3.3 book-to-bill ratio based on financial values[5].<\/p>\n","protected":false},"excerpt":{"rendered":"

Embraer has reported that its organization-wide backlog reached US$26.3 billion in 4Q24.<\/p>\n","protected":false},"author":123,"featured_media":171992,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,1131,35,1672,39,41],"tags":[2298,292,4404,4380],"class_list":["post-181402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aircraft-oems","category-industry-news","category-low-cost","category-regional-news","category-technology","category-training-low-cost-regional","tag-business-jets-embraer","tag-embraer","tag-flexjet","tag-luxair"],"yoast_head":"\nEmbraer's order backlog reaches $26.3 billion - Aviation Business News<\/title>\n<meta name=\"description\" content=\"Embraer's order backlog reaches $26.3 billion - Embraer has reported that its organization-wide backlog reached US$26.3 billion in 4Q24. 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