Brazil's Embraer delivers 25 jets in Q1; backlog hits 7-year high

Brazilian planemaker Embraer said Friday it delivered 25 aircraft - seven commercial planes and 18 executive jets - in Q1 2024, a 67% increase on a yearly basis. Embraer, the world's third-largest planemaker behind Boeing and Airbus said in a securities filing that its firm order backlog hit a seven-year high of $21.1b at the end of March, up 13% from the previous three-month period. Embraer plans to deliver 72 to 80 commercial aircraft this year, while its outlook for business jet deliveries stands between 125 and 135.<br/>