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Embraer reports record $22.9 billion order backlog

Staff writer |
Brazilian planemaker Embraer said it achieved a record-high $22.9 billion firm order backlog at the end of the second quarter of 2015.

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The firm order backlog rose $2.5 billion relative to the end of the year’s first quarter due to contracts for 102 planes signed with companies based in China, the United States and Brazil.

In the second quarter, Embraer delivered 60 aircraft: 27 planes to the commercial aviation market and 33 jets to the business aviation market.

Between January and June, the world’s third-largest commercial planemaker reported 92 deliveries, including 42 E175 jets, an aircraft with between 70 and 120 seats that is the planemaker’s top seller.

At the end of the year’s first half, Embraer had a commercial aviation firm order backlog of 1,668 aircraft and an options backlog of 721 planes.

The Sao Jose dos Campos-based airline posted a net loss of 196.1 million reais (some $62 million) in the first quarter of 2015.

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