1. Embraer delivered 75 aircraft in Q4 2024, a 27% increase from Q3 2024. 2. Total deliveries for 2024 reached 206, up 14% from 2023's 181. 3. Commercial Aviation hit 73 aircraft deliveries, meeting revised guidance. 4. Executive Aviation contributed 130 deliveries, marking a 13% increase year-over-year. 5. Defense deliveries rose to 3 C-390 aircraft in 2024, up from 2 in 2023.
Strong delivery numbers suggest increased demand, similar to past performance boosts.
Delivery performance metrics are crucial for assessing ERJ's growth and prospects.
Immediate demand increase can influence ERJ stock positively in the next quarter.
SÃO PAULO, Jan. 16, 2025 /PRNewswire/ -- Embraer (NYSE: ERJ / B3: EMBR3), one of the global leaders in the aerospace industry, delivered 75 aircraft in 4Q24 – or 27% higher than in the previous quarter (3Q24), when 59 aircraft were delivered, and equal to the volume of the same period of 2023 (4Q23). For the full year, 206 aircraft were delivered in 2024 – a number 14% higher than the 181 recorded in 2023.
With 31 deliveries in the last three months of the year, Commercial Aviation reached 73 new aircraft in 2024 (at the top of the revised 70-73 guidance range for the year, and inside the original 72-80 guidance). Meanwhile, Executive Aviation was responsible for another 44 jets in the quarter, and for the total of 130 deliveries in the year (at the midpoint of the original guidance). In comparison with 2023, growth in these business units was +14% and +13%, respectively. Last, but not least, Defense & Security also surpassed the previous year's result with the delivery of 3 new C-390 Millennium in 2024 versus 2 in 2023.
| Segment | 4Q24 | 3Q24 | 4Q23 | 2024 FY | 2023 FY | 2024 Guidance |
|---|---|---|---|---|---|---|
| Executive Aviation | 44 | 41 | 49 | 130 | 115 | 125-135 |
| Phenom 100 | 3 | 4 | 6 | 10 | 11 | |
| Phenom 300 | 19 | 18 | 24 | 65 | 63 | |
| Light Jets | 22 | 22 | 30 | 75 | 74 | |
| Praetor 500 | 13 | 9 | 10 | 28 | 20 | |
| Praetor 600 | 9 | 10 | 9 | 27 | 21 | |
| Medium Jets | 22 | 19 | 19 | 55 | 41 | |
| Commercial Aviation | 31 | 16 | 25 | 73 | 64 | 70-73 |
| E195-E2 | 18 | 10 | 17 | 39 | 38 | |
| E190-E2 | 2 | 2 | 1 | 8 | 1 | |
| E175 | 11 | 4 | 7 | 26 | 25 | |
| Total Commercial & Executive | 75 | 57 | 74 | 203 | 179 | 195-208* |
| Defense & Security | - | 2 | 1 | 3 | 2 | |
| C-390 Millennium | - | 2 | 1 | 3 | 2 | |
| A-29 Super Tucano | - | - | - | - | - |
*Excludes C-390 Millennium and A-29 Super Tucano deliveries
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense and Security, and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing Services and Support to customers after-sales.
Since it was founded in 1969, Embraer has delivered more than 9,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 150 million passengers a year.
Embraer is the leading manufacturer of commercial jets with up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service, and parts distribution centers, among other activities, across the Americas, Africa, Asia, and Europe.
SOURCE Embraer S.A.