What Happened
Brazilian Aerospace Company Sees Strong Delivery Performance
Embraer reported a strong third quarter with 66 aircraft deliveries, marking a 6% year-over-year increase. The company’s Commercial Aviation unit delivered 22 new aircraft, while Executive Aviation delivered 41 new business jets. Embraer’s Defense & Security unit also delivered three aircraft during the quarter. The company continues to expect strong delivery numbers for the remainder of the year, with projected deliveries between 80 and 85 aircraft in Commercial Aviation and between 160 and 170 aircraft in Executive Aviation. This news was first reported by an unknown source.