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Embraer Third-Quarter Deliveries Down 31%; ALC Finalizes E190 Order

posted Oct 14, 2010, 12:16 AM by Elaine Bell

October 14, 2010

Embraer third-quarter deliveries down 31%; ALC finalizes E190 order

By:

Linda Blachly

Embraer delivered 20 commercial aircraft in the 2010 third quarter, down 31% from 29 in the year-ago quarter. The company delivered 70 commercial aircraft in the first nine months of 2010, a 27% decrease from 90 during the same period last year.

Leading the way for commercial deliveries during the third quarter were 11 E190s (down from 20 in the year-ago quarter) and six E195s (down from 12 last year). As of Sept. 30, its firm backlog was valued at $15.3 billion, down 17.7% from $18.6 billion on Sept. 30, 2009.

Separately, Air Lease Corp. signed a final agreement for the acquisition of 15 E190s, firming an order announced at the Farnborough International Airshow in July (ATW Daily News, July 21). First delivery is scheduled for June 2011.The deal includes five options.

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