Aircraft
Embraer Needs Big 2H Sales To Meet Book-to-Bill Goal
Embraer's E-Jet backlog now stands at 200. (Photo: Embraer)
Embraer's E-Jet backlog now stands at 200. (Photo: Embraer)

While last week’s announcement of a firm order for six E190s from Venezuela’s Conviasa Airlines certainly helped buoy Embraer’s sales outlook for the rest of this year, it hardly assuaged concerns among financial analysts about the fact that the manufacturer’s airliner backlog had dropped to its lowest level in six years by the end of the second quarter. Falling from $14.7 billion on March 31 to $12.9 billion as of June 30, the backlog at its peak stood at $21.6 billion at the end of the third quarter of 2008.