Embraer’s 2008 Deliveries Reach 145 Jets After Three Quarters

SO JOS DOS CAMPOS, Brazil --- Embraer released the figures on its aircraft deliveries and order book, today, updated to the end of the third quarter of 2008 (3Q08).>> Based on the first three quarters of 2008, when it delivered 45, 52, and 48 jets, respectively, Embraer shows a steadier production process, which represents a 34% increase over the same period in 2007 (when the Company delivered 108 jets). Therefore, Embraer reaffirms its estimate of delivering 195 to 200 aircraft in 2008, plus ten to 15 Phenom 100s.>> In 3Q08, Embraer delivered 37 jets to the commercial aviation market, nine executive jets, and two aircraft to the defense segment and government segment,>> The Companys firm order backlog came to US$ 21.6 billion in 3Q08, an increase of 4.3 per cent over the previous quarter. On September 30, 2008, Embraers order book for Commercial Aviation, according to product, stood as follows:>> -- firm orders: 1,780> -- options: 863> -- deliveries 1,321> -- firm order backlog: 459>>> In the third quarter, Embraer announced 13 new commercial aircraft sales, including twelve EMBRAER 190s (five to Chinas Kun Peng, five to Austrias NIKI, and two to LAN, of Mozambique), and one EMBRAER 195 to Montenegro Airlines. Moreover, Embraer unveiled 17 EMBRAER 190 sales that were included in the backlog as undisclosed customer: 12 for Aeromxico and another five to NAS Aviation. The list of new operators was joined by Chinas Kun Peng, TACA Airlines from El Salvador, Petroecuador, and Virgin Nigeria.>> Furthermore, in line with contract clauses, US Airways did not confirm five firm orders, which then became purchase options.