SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Monday its firm order backlog ended the second quarter at $29.7 billion, a record high for any quarter and up 40% from a year earlier, according to a securities filing. Embraer, the world’s third-largest planemaker, said its commercial jet segment reached a backlog of $13.1 billion, rising […]
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Brazil planemaker Embraer ends Q2 with record $30 billion backlog
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SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Monday its firm order backlog ended the second quarter at $29.7 billion, a record high for any quarter and up 40% from a year earlier, according to a securities filing.
Embraer, the world’s third-largest planemaker, said its commercial jet segment reached a backlog of $13.1 billion, rising 16%, while the executive jet business ended the quarter with a $7.4 billion backlog, jumping 62%.
The company said earlier this month that it delivered 61 aircraft in the second quarter.
Embraer also registered a total $4.9 billion backlog from its services and support unit, as well as $4.3 billion from its defense segment.
Embraer, whose chief executive last week said that U.S. tariffs announced against Brazil could have a pandemic-like impact on the firm, is set to unveil its full second-quarter earnings on August 5.
(Reporting by Andre Romani; Editing by Kylie Madry)