Brazilian aerospace major reports strong delivery growth during the third quarter

Brazil-based global major aerospace group Embraer has reported on its deliveries for the third quarter of this year (3Q23) and total deliveries for the first nine months of this year. For the second quarter in a row, the company recorded double-digit year-on-year (y-o-y) increases in its civil (commercial and business, but excluding agricultural) aircraft deliveries. Total commercial and business jet deliveries in 3Q23 numbered 43, a y-o-y increase of 30% (33 such aircraft were delivered in 3Q22). In 2Q23, deliveries had been 47% higher, y-o-y. Of the jets delivered during 3Q23, 15 had been commercial (that is, airliners) and 28 had been business jets. The figure for the airliners represented a 50% jump, y-o-y, while the number for the business jets was 22% higher than in 3Q22.