Brazil: Embraer delivers 45 aircraft in first quarter of 2008

9 April 2008

Sao Paulo, Brazil, 9 April – The value of Embraer’s order book totaled US$20.3 billion at the end of the first quarter of this year, the company’s biggest ever order total, the company said in a statement.

In the first quarter, Embraer delivered 45 aircraft to its customers, 38 of which for commercial aviation and seven for executive aviation, the statement said.

“After reaching a record number of deliveries in a year in 2007, Embraer continues firmly on its road to improving its productive processes, boosting its commitment to its shareholders, customers and suppliers,” the statement said.

Embraer also confirmed it estimated to deliver between 195 and 200 units in 2008, to the commercial, executive and defence segments.

In 2007 the Brazilain manufacturer delivered 169 aircraft. The highest number ever delivered in a year by the company.

Embraer last year posted profit of 659.9 million reais, which was a rise of 5.7 percent on 2006.

Embraer was founded in 1969 and manufactures commercial jets with up to 120 seats and is one of Brazil’s biggest exporters.

Based in Sao Jose dos Campos, in the state of Sao Paulo, the company has offices, industrial units and servicing workshops in Brazil, the United States, France, Portugal, China and Singapore. (macauhub)