Embraer reported a 30% increase in jet deliveries in Q3 2023, with a firm order backlog of US$ 17.8 billion, reflecting strong growth in the Commercial and Executive Aviation sectors.

Target Information

Embraer (NYSE: ERJ; B3: EMBR3) is a prominent global aerospace manufacturer headquartered in São José dos Campos, Brazil. Celebrating over 50 years of operations, the company specializes in the design, development, manufacturing, and marketing of aircraft and aerospace systems across various segments, including Commercial and Executive Aviation, Defense & Security, and Agricultural Aviation. Since its inception in 1969, Embraer has delivered upwards of 8,000 aircraft, with a notable contribution to the commercial aviation sector, being the leading manufacturer of jets with a capacity of up to 150 seats.

In the third quarter of 2023, Embraer reported a significant uptick in aircraft deliveries, totaling 43 jets, a notable 30% increase compared to the same period in 2022. This growth is underpinned by strong performance in both Commercial and Executive Aviation sectors, reflecting the company’s robust order backlog and increasing demand in the aviation market.

Industry Overview in Brazil

The Brazilian aerospace industry has witnessed substantial growth in recent years, driven largely by Embraer's performance as a key player. With a well-established reputation for manufacturing high-quality, efficient aircraft, Brazil has positi