SAO JOSE DOS CAMPOS, Brazil, Oct. 5 /PRNewswire-FirstCall/ -- Embraer reports that its firm order backlog for the Commercial Aviation, Executive Aviation, and Defense and Government segments increased by US$ 1.8 billion during the third quarter of 2007 (3Q07), totaling a record US$ 17.4 billion.
The Company has achieved its expected aircraft production for the third quarter by delivering 38 jets to the Commercial Aviation segment, nine Legacy 600 aircraft to the Executive Aviation segment and one EMB 120 Brasilia to the Defense and Government segment for the government of Angola.
All the actions taken regarding our supply chain and our production processes are delivering the expected results, enhancing the Company's overall view of its production cycle. The third shift is nearly implemented; Embraer expects to deliver between 165 and 170 jets in 2007.
During 3Q07, a total of 47 jets were delivered to the following segments: Deliveries by Segment 3rd quarter 9 months 2007 2007 Commercial Aviation 38 85 ERJ 145 2 2 EMBRAER 170 4 9 EMBRAER 175 9 21 EMBRAER 190 20 46 EMBRAER 195 3 7 Executive Aviation 9 21 Legacy 600 9 21 Defense and Government * - 2 Legacy 600 - 1 ERJ 145 - 1 TOTAL ** 47 108 *Includes only deliveries of executive jets configured for transporting government officials and aircraft delivered to State-run airlines. ** Jets deliveries. Does not include one EMB 120 Brasilia delivered in 3Q07.
During the third quarter of 2007, Embraer signed a contract for the sale of 20 E-jets to the Air France - KLM group in Europe. The sales team also recorded another very important achievement with the conclusion of the sale of 20 EMBRAER 195 aircraft to BRA Transportes Aereos, the first Brazilian airline to order an E-jet. The Phenom family continues to record solid results with more than 500 firm contracts signed, and reached an important milestone in the development of the Phenom 100 program, with the first flight of the prototype aircraft on July 26.
Embraer also recorded the delivery of the 1000th aircraft of the ERJ 145 family aircraft through its joint venture in China to Grand China Express, an airline of the HNA Group that ordered 50 aircraft of this model.
On September 30, 2007, Embraer's order book for the Commercial Aviation segment, by product, stood at:
Aircraft Type Firm Options Deliveries Firm Order Orders Backlog ERJ 145 Family ERJ 135 108 - 108 - ERJ 140 74 - 74 - ERJ 145 733 131 682 51 Total - ERJ 145 Family 915 131 864 51 EMBRAER 170/190 Family EMBRAER 170 163 123 137 26 EMBRAER 175 106 136 46 60 EMBRAER 190 391 432 99 292 EMBRAER 195 58 65 10 48 Total - EMBRAER 170/190 Family 718 756 292 426 TOTAL 1,633 887 1,156 477
Note: Deliveries and firm order backlog include orders for the Defense and Government segment placed by State-run airlines (Satena and TAME).
This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect the Company's businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where the Company does business; expectations on industry trends; the Company's investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words "believe", "may", "is able", "will be able", "intend", "continue", "anticipate", "expect" and other similar terms are supposed to identify potentialities. The Company does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Company expectations.
Headquarters (Brazil)
Rosana Dias
