Brazil’s Embraer delivers 208 aircraft in 2014

5 March 2015

Brazilian aeronautical company Embraer ended 2014 with the delivery of 92 commercial aircraft and 116 executive jets, reaching the targets set for the year, the company said in a statement issued Wednesday.

Last year, Embraer delivered to its commercial aviation customers one E170, 62 E175s, 19 E190s and ten E195s and in the business aviation segment it delivered 92 light jet aircraft and 24 large jets.

In the fourth quarter of 2014, deliveries totalled 30 aircraft for commercial aviation and 52 jets to the executive segment, of which 38 were light and 14 large.

The company’s net revenues in 2014 amounted to 14.935 billion reais (about US$5 billion) and net income reached 796 million reais (US$269 million), or about one real per share.

In 2015, the company expects to achieve net revenues in the range between US$6.1 billion and US$6.6 billion, driven by delivery of between 95 and 100 jets in commercial aviation, 35-40 large jets and 80-90 light jets in the business aviation segment and revenue of over US$1 billion in the Defence & Security segment. (macauhub/CN/BR)