A multi-engine, instrument rated pilot, James Wynbrandt has been an AIN and Business Jet Traveler contributor since 2003. His in-depth reporting and insightful features have won more than a dozen editorial honors, including two National Business Aviation Association Gold Wing Awards (2019; 2021), and his articles have also appeared in the New York Times, Barron’s, Fortune, Forbes, and Smithsonian Air &amp; Space. He has flown his Mooney M20K 252 on assignments throughout North and Central America and the Caribbean. Wynbrandt is also the author of Flying High (Wiley &amp; Sons), a biography of Jet Blue founder David Neeleman, as well as histories, references works, and books on a variety of other topics from major publishers. He lives in New York City.

Contributor - Business Aviation

James Wynbrandt

Sales for Embraer's executive jets division&nbsp;climbed 7.5 percent last year&nbsp;while revenues grew 5 percent year-over-year (YoY),&nbsp;the Brazillian airframer reported Thursday during its year-end financial results conference call. The manufacturer sold 93 jets in 2021&nbsp;compared to 86 the previous year&nbsp;and its revenues grew from $1.07 billion to $1.13 billion over that span as the airframer’s turnaround plan, launched in response to the Covid-induced 2020 economic crisis, continues to bear fruit.

 


Last year’s sales were comprised of 62 Phenom light and 31 Praetor mid-size jets,&nbsp;39 of which sold in the fourth quarter (26 light and 13 mid-size) and represented an 8 percent YoY bump. The Phenom 300E—the most delivered light jet for ten years running—was again the most delivered&nbsp;in 2021. Embraer noted <a href="https://www.ainonline.com/aviation-news/business-aviation/2021-10-11/embraer-hits-12-billion-jackpot-vegas">NetJets’ October agreement</a> to purchase Phenom 300Es, with the first delivery scheduled for 2023, is valued at more than $1.2 billion.

 


The executive jets division also signed more than 795 new service contracts, boosting services and support earnings 20 percent to $1.13 billion, equaling its jet sales revenues. End-of-year backlog for its business jets totaled $2.9 billion—17 percent of the company’s total for commercial, military, and business aircraft orders.

 


Looking forward, Embraer forecasts the company will deliver 100 to 110 business jets this year and CEO Francisco Gomes Neto foresees no supply chain disruptions due to the ongoing Russia–Ukraine crisis.

Embraer Executive Jets Posts Revenue, Sales Gains

Embraer reported an increase in its executive aircraft sales and revenues in 2021.

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