ERJ - Embraer Q1 deliveries up 7% Y/Y
2023-04-27 04:06:21 ET
- Embraer ( ERJ ) delivered a total of 15 jets in Q1 2023, of which seven were commercial aircraft and eight were executive jets
- Includes six light and two large jets.
- This total volume represents 7% growth vs. previous year.
- As of March 31, the firm order backlog totaled $17.4B.
- In the Services & Support segment, Embraer announced the signing of a services contract with the Philippine Air Force to support the country's A-29 Super Tucano fleet.
- Last month, Embraer hits 52-week high after boosting forecast for deliveries, revenue
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Embraer Q1 deliveries up 7% Y/Y