Embraer reports aircraft deliveries hit three year low

EmbraerEmbraer reported that their aircraft deliveries for 2011 were at a three year low. The company did also report that at the end of the year there was some increased demand for its E-Jet series aircraft.

The Brazilian planemaker ended 2011 with deliveries of 105 commercial and 99 executive jets, missing by 16 its target of 220 deliveries. The shortfall was largely from cancelled orders for private jets. Embraer delivered a grand total of 246 aircraft the previous year.

The manufacturer also reported a series of 45 orders in the last quarter of 2011 for its E-Jet aircraft. At the year end, E-Jet sales totaled 124, a 28 per cent increase over 2010.

Embraer reported a year end firm order backlog valued at US$15.4 billion.

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