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Embraer to deliver up to 95 commercial jets this year

posted Feb 6, 2013, 12:11 AM by Michael Adams
Embraer estimates it will deliver between 90 and 95 commercial jets in 2013, a slight decrease from 106 aircraft delivered in 2012.
In its latest outlook, Embraer said that executive jet deliveries are expected to grow from 77 light jets to between 80 and 90 aircraft, and from 22 large jets to between 25 and 30 large aircraft. Total net revenue is estimated to be between $5.9 and $6.4 billion, of which commercial aviation is expected to generate from $3.2 billion to $3.3 billion, representing 52% of the total.
The executive jet segment is expected to contribute from $1.4 billion to $1.6 billion, estimated 25% of the total, while defense and security should put in 21%; other business will make up the remaining 2%.
Embraer, which ended 2012 with a $12.5 billion backlog, will release its earnings results March 22