Close sidebar

Embraer order book drops to five year low

written by australianaviation.com.au | April 18, 2012
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.

By contrast, Boeing and Airbus have both seen their order sheets grow thanks to strong demand for more fuel efficient next-generation jetliners.

Advertisement
Advertisement

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.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

Each day, our subscribers are more informed with the right information.

SIGN UP to the Australian Aviation magazine for high-quality news and features for just $99.95 per year