Embraer has announced its results for 2016, also saying that they have reached all the targets they had.
The Brazilian aircraft manufacturer ended the year with a total of 108 commercial aircraft and 117 executive aircraft. 73 of the private jets were light aircraft and 44 were large aircraft.
The manufacturer also said that these numbers are in line with the estimated reported to the market thought the year (105 to 110 commercial jets, 7o to 80 light executive jets and 35 to 45 large executive jets).
The total of 225 aircraft deliveries for the two markets represents the highest volume of deliveries in the last six years. As of December 31st, the backlog totaled US$ 19.6 billion.
2016 was a year of major challenges in the aviation industry due to global economic and political uncertainties. In response to this scenario, Embraer is implementing important actions and making adjustments to be well positioned in all business segments it operates,” says Embraer President & CEO, Paulo Cesar de Souza e Silva. “In executive aviation, for example, we now have a stronger presence with larger executive jets, which indicates a more balanced mix.
In Commercial Aviation, the highlights of the last quarter of 2016 included the delivery of the 1,300th E-Jet to China’s Tianjin Airlines and the beginning of E170 operations in Russia with S7 Airlines, which signed an agreement with GE Capital Aviation Services (GECAS) to lease 17 pre-owned E170 jets.
Another highlight was the signing of a contract with United Airlines for the firm sale of 24 E175 jets, transferring aircraft that were previously assigned to Republic Airways Holdings in Embraer’s backlog.
In the Defense & Security business, Embraer achieved another important milestone in November with the development of the KC-390 multi-mission military airlifter. The company received the Provisional Type Certificate for the KC-390 Basic Vehicle, issued by the Industrial Fostering and Coordination Institute (IFI–Instituto de Fomento e Coordenação Industrial), the Brazilian Air Force organization responsible for military certification. It attests that the KC-390, in this basic configuration, complies with the certification requirements.
The backlog is made out of the following orders: