Embraer to deliver 25 commercial aircraft in the third quarter
Sao Paulo - In the third quarter of 2017, Embraer Commercial Aircraft delivered 25 aircraft and registered 45 orders.
As of September 30, Embraer's order book, includes 437 commercial aircraft remaining to be delivered, including 152 current generation E-Jets and 285 E2-Jets.
The 25 deliveries are divided into 18 E175, 5 E190, and 2 E195. This represents four fewer aircraft than in the third quarter of the previous year. On the other hand, the cumulation of the first nine months of the year is slightly higher (78 against 76 in 2016).
The all 45 orders for the third quarter of 2017 came from the American airline operator SkyWest Airlines. Two separate contracts were announced, for a total of 15 E175 and 30 E175 SC (Special Configuration). These agreements are valued at over $ 2 billion at list prices.
As of September 30, Embraer's order book, includes 437 commercial aircraft remaining to be delivered, including 152 current generation E-Jets and 285 E2-Jets. More precisely:
Embraer expects to deliver a total of 97 to 102 commercial aircraft in 2017. In 2018, deliveries are expected to decrease further, as the aircraft manufacturer warned that it would be a year of transition between E1 and E2 families. The goal is to deliver 85 to 95 aircraft. The majority of deliveries will concern the E175, mainly due to the SkyWest order. The E190-E2 is expected to account for about 10% of the aircraft to be delivered next year. Embraer is planning a gradual ramp-up to ensure the production quality of E2.
The Commercial Aircraft segment accounted for 64.6% of Embraer's revenue in the third quarter of 2017, compared with 61.3% a year earlier. However, revenues were down 8.7% year-on-year due to fewer shipments.