Embraer delivered only ten percent more aircraft in Q3 than in the same period of last year. Including airliners and executive jets, 33 aircraft left Sao Jose dos Campos and other production sites during the quarter, the Brazilian airframer reported today. Year to date, deliveries hit 79 airliners and business jets versus 86 last year. Embraer delivers slightly more aircraft but loses 31 E175 orders.
Nine E175s were delivered versus six in Q3 2021, but also just a single E195-E2 this year compared to three last year. This aircraft was a special one, as it was the 1.700th E-jet to be delivered. The E195-E2 joined KLM Cityhopper on lease from Aircastle (main picture).
Year to date, Embraer has delivered 27 airliners to lessors and airlines, including 21 E175s and six E195-E2s. This is significantly down from 32 aircraft between January and September last year when it delivered fifteen E175s, fifteen E195-E2s, and two E190-E2s. But remember that Embraer lost some three weeks of production in January when it closed the factory as activities were reintegrated again after earlier cutting them out as part of the joint venture with Boeing. Which has been terminated by the US airframer, of course.
Later this week in the Q3 results earnings release, Embraer will undoubtedly share more details about the current production rates. But like Airbus and Boeing, the Brazilians are suffering from supply chain issues, notably engines from General Electric for the E1s and from Pratt & Whitney for the E2s. In the HY1 earnings call in August, President and CEO Francesco Gomes Neto raised concerns about the problems with various suppliers. “That’s why we are in very close contact with our suppliers and have twenty people on site with the main suppliers,” he said.
Embraer’s orders, deliveries, and backlog as of September 30. The E175 lost some firm orders, the E195-E2 won some. (Embraer)
Republic reduces E175 order in Q3
Thanks to a new direct order from SalamAir for six E195-E2s plus six options, Embraer’s commercial airliner backlog stands at 297 as of September 30. The biggest E2 is clearly the most popular now, with 188 aircraft to be delivered, up from 163 on June 30. Total orders for the type now stand at 227, up from 201 in June. Embraer hopes to seal the Memorandum of Understanding soon from Royal Jordanian that was announced in early October for ten E190-E2 and E195-E2s.
Looking at the orders and backlog, the E175 seems to be losing some appeal. The type has now 103 aircraft on the backlog, down from 143 in June. Firm orders stand at 817 versus 848 on June 30. Comparing the list between June and September, Republic Airlines reduced its commitment from 223 to 192. The E190-E2 and the E190 each have three aircraft remaining on backlog.
Deliveries of executive jets were up to 23 from 21 in Q3 last year. Embraer delivered thirteen Phenom 300s and two -100s, plus four Praetor 500s and four -600s. This compares to fourteen Phenom 300s, two Praetor 500s, and seven -600s in Q3 last year. Through September, deliveries reached 52 aircraft versus 54 in the same period of 2021. The Phenom 300 was in the lead with 28 deliveries, ahead of ten Praetor 600s, nine -500s, and five Phenom 100s.
