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Brazil’s Embraer firm order backlog hits highest level since Q2 2018 -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – A mannequin of an Embraer plane is displayed on the China Worldwide Aviation and Aerospace Exhibition, or Airshow China, in Zhuhai, Guangdong province, China September 29, 2021. REUTERS/Aly Track

SAO PAULO (Reuters) – Brazilian planemaker Embraer SA (NYSE:) stated on Monday its agency order backlog ended 2021 at $17 billion, the very best degree because the second quarter of 2018, even after Brazil’s Air Pressure reduce its orders for KC-390 Millennium jets to 22 from 28.

Embraer added in a securities submitting that it had delivered a complete of 55 jets within the fourth quarter of 2021, together with 16 industrial and 39 govt plane. Within the full 12 months, deliveries reached 141 jets, it stated.

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