Embraer backlog of orders lowest in six years

Embraer LogoEmbraer announced today that its backlog of firm orders for its aircraft offerings had dropped to the lowest level in six years during the second-quarter of 2012.

The current backlog of firm orders is $12.9 billion, down from $15.8 billion in 2011. However, deliveries of aircraft increased during the same period. Embraer delivered 55 aircraft during the second quarter of 2012 which brought the total deliveries so far in 2012 to 89 aircraft. In detail, Embraer delivered 35 commercial aircraft and 20 executive jets during the first quarter, according to a regulatory filing the company made.

Comparing with statistics from 2011, the second quarter of that year saw deliveries of 25 commercial aircraft and 23 executive jets. In the first quarter of 2012, the company delivered 34 aircraft,  21 commercial and 13 executive.

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