Aircraft
Embraer Reports Flat Bizjet Deliveries, Softer Revenues
Embraer sees a strengthening market despite widening losses in the first quarter of 2023 and flat business jet deliveries.
Embraer Phenom 100EV on airport ramp on a cloudy day
Embraer attributed the small dip in Executive Aviation revenues in the first quarter to a different-mix of Phenom deliveries, even though the total number matched that of last year. (Photo: Embraer)

Embraer’s executive jet deliveries remained flat in the first three months, matching the eight handed over in first-quarter 2022, the company affirmed today as it released its first-quarter earnings report.

Similar to a year earlier, Embraer handed over six Phenom light jets and two midsize Praetors during the quarter. However, at the same time, Embraer’s executive jets unit brought in $87.1 million in revenues, a 3 percent year-over-year slidethat the Brazilian airframer attributed to the mix of light-jet deliveries.

Loading…