Embraer Delivers 33 Commercial and 45 Executive Jets in 4Q15

Embraer (NYSE: ERJ; BM&FBOVESPA: EMBR3) delivered 33 commercial and 45 business jets, 25 of which are light jets and 20 are large, during the fourth quarter of 2015 (4Q15).

The company ended the full year with 101 aircraft delivered to the commercial airline market and 120 to the executive aviation market, totaling 82 light and 38 large business jets. The total of 221 aircraft for both markets represents the highest volume of deliveries in the last five years.

With such figures, Embraer has fulfilled its aircraft delivery guidance disclosed to the market in business aviation and delivered one aircraft above the estimated range in commercial aviation. On December 31, the firm order backlog reached USD 22.5 billion.

The quarter highlights in the commercial aviation segment were the signing of a firm order for 19 additional E175 by SkyWest, to be operated under a Capacity Purchase Agreement (CPA) with Delta Air Lines, and the confirmation of two options for additional E175 to KLM, from the contract with 17 firm orders and 17 options announced in March 2015.

In the executive aviation segment, the quarter highlights were the first deliveries of the Legacy 450 and a contract with Emirates Flight Training Academy, which signed a firm order for five Phenom 100E business jets, plus options for five more aircraft of the same model. In December, Embraer also delivered the first Phenom 100E to a customer in China.