Embraer delivers 28 commercial and 18 executive jets in 3Q11
Firm order backlog increases by USD 200 million during the quarter .São José dos Campos, SP, Brazil, October 2011 – Embraer closed out the third quarter of 2011 (3Q11) having delivered 28 commercial and 18 executive jets. On September 30, 2011, the firm order backlog totaled USD 16 billion.
In the months of July, August and September, Embraer closed the sales of 17 E-Jets: two
EMBRAER 190s to GECAS, in the U.S., and another ten to Kenya Airways, as announced
in June during the Paris Air Show, as well as five EMBRAER 195s to Lufthansa, in
Germany. China Southern Airlines became the newest E-Jets operator and also received the
commemorative 800th delivery, belonging to China’s CDB Leasing, which ordered a total of
20 jets. In early October, Embraer announced the sale of six more EMBRAER 190s to
GECAS, which will be added to the Company’s backlog in the fourth quarter of 2011. With
this order, the U.S. leasing company will have portfolio of 101 E-Jets.
The executive aviation unit delivered eight Phenom 100 and nine Phenom 300 jets in 3Q11,
for a total of 17 light jets, as well as one Legacy jet. During the quarter, the Company showed
a positive net balance in its orders. The highlight was the signing of a Memorandum of
Understanding with China’s Minsheng Financial Leasing for the sale of up to 20 airplanes
from the entire line of Embraer Executive Jets. At the beginning of October, Misheng sealed
an agreement for the purchase of 13 Legacy 650 jets, which will be added to Embraer’s
backlog in the fourth quarter of 2011.
In 3Q11, Embraer Defense and Security announced seven important selections for the KC-390
program. The military transport and aerial refueling jet will have the V2500-E5 engine by
International Aero Engines (IAE) and flight control computers by BAE Systems, as well as
activators by the Goodrich Corporation. Brazil’s AEL Sistemas, which is a subsidiary of Israel’s
Elbit, will develop the mission computers. The aerial refueling pods will be supplied by
Cobham, the mission radar by SELEX Galileo, and the emergency electrical system by
Hispano-Suiza, of the Safran Group. In order to work within the market for unmanned aerial
vehicles (UAV), Embraer and AEL created Harpia Sistemas, with headquarters in Brasília.
Closing out the quarter, Embraer took first place, in September in the Aerospace and Defense
sector of the Dow Jones Sustainability Index (DJSI), and, for the third time, it was chosen by
Anefac-Fipecafi-Serasa Experian as the most transparent company in Brazil, thus reinforcing
the international recognition of the high quality of the Company’s financial statements.
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