Aircraft
Embraer Sees Revenue Growth In Q2
Shipments boost Embraer's bottom line
Embraer Praetor 600 in flight
© Embraer

Embraer’s second-quarter 2023 revenues reached $1.292 billion, representing a 27 percent year-over-year boost and an 80 percent jump from its first-quarter results, the Brazilian manufacturer reported today. The company attributed the increases to higher delivery volumes in commercial and executive aviation. Deliveries were up 47 percent overall in the quarter.

Revenues for the Embraer Executive Jet division were $378 million, 42 percent higher than the second quarter of 2022. Gross margin in the second quarter was down slightly from 22.1 percent last year but still stood at 19.8 percent.

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