Planemaker Embraer plans to boost deliveries as demand heats up

Embraer expects to increase aircraft deliveries by up to 18% this year, it said on Thursday, reaching as many as 240 commercial and executive jets as it continues to lift output to meet strong demand. Despite supply chain disruptions, the world's third-largest planemaker - which delivered 203 jets last year - has been raising annual deliveries since 2021, marking a recovery from the pandemic-related downturn. The Brazilian company's outlook for this year places commercial aviation deliveries at between 77 and 85 aircraft, up from 73 in 2024. Business jet deliveries are estimated to hit between 145 and 155, up from last year's 130. "We could have had even better guidance, to be honest. Our guidance is within the limits of supply chain bottlenecks," CE Francisco Gomes Neto told Reuters after quarterly results. Planemakers overall, including larger rivals Airbus and Boeing, have struggled in recent years with supply chain snags, such as a shortage of engines, that affected output plans and delayed deliveries. Gomes Neto said the scenario has been improving, noting that although some constraints remain, Embraer should be able to better spread out production in 2025, taking some pressure off the seasonally busier fourth quarter. The higher annual deliveries should also lead to an expansion in revenues, which were projected at between $7.0b and $7.5b in 2025, after reaching $6.39b last year. Embraer, whose focus is on up to 150-seat single-aisle aircraft, has been experiencing solid demand for its jets and solidified itself as a market darling, with shares near all-time highs after more than doubling in value last year.<br/>