Embraer’s backlog hits record high in first quarter
Embraer Q1 2024 Financial Results: Embraer delivered a total of 25 jets in Q1 2024, a remarkable 67% jump compared to the 15 aircraft delivered in the same period last year. This marks the highest number of deliveries for the first quarter in the past eight years. The growth was driven by a surge in Executive Aviation deliveries, which more than doubled year-over-year, reaching 18 jets from just 8 in Q1 2023. Commercial Aviation deliveries remained flat year-over-year at 7 aircraft.