Slumping sales of its reginoal E-Jets have pushed Embraer's firm order backlog to a five year low. (Embraer)
Weak sales of its E-Jet commercial aircraft saw Brazilian planemaker Embraer end the first quarter of the year with its lowest backlog since 2006.
The results underscored doubts about long-term demand for regional jets amid soaring fuel costs and a struggling global economy. Embraer said it took in just 12 new orders for commercial jets in the first three months of 2012 as its backlog slipped to a value of US$14.7 billion from a high of US$21.6 billion in late 2008.
This content is available exclusively to Australian Aviation members.
To unlock all Australian Aviation magazine content and again unlimited access to our daily news and features, become a member today. A monthly membership is only $5.99 or save with our annual plans.
Unlimited access to all Australian Aviation digital content
Access to the Australian Aviation app
Australian Aviation quarterly digital magazines
Access to In Focus reports via our app
Access to our Behind the Lens photo galleries and other exclusive content
Daily news updates via our email bulletin
By contrast, Boeing and Airbus have both seen their order sheets grow thanks to strong demand for more fuel efficient next-generation jetliners.
The world’s third largest aircraft manufacturer, Embraer reported first quarter deliveries of 21 commercial aircraft — including 13 E-190s, six E-195s and two E-175s – up from 20 deliveries in the first quarter of 2011. Deliveries of business jets rose from eight to 13.
iscover
Australian Aviation quarterly print & digital magazines
