Embraer Soars: Deliveries Surge 88% in Q2, Order Backlog Hits 7-Year High

Brazilian aircraft manufacturer Embraer reported a stellar second quarter, delivering 47 aircraft, an 88% increase from the previous year. This surge was driven by strong demand for its next-generation E2 jets, fueled by a shortage of larger single-aisle planes from Airbus and Boeing. Embraer’s order backlog reached $21.1 billion, the highest in seven years, demonstrating strong customer confidence. This growth comes as Embraer leverages its available production slots starting in 2026, allowing it to deliver new jets before its larger competitors. Embraer’s ambitious plans include delivering 72 to 80 commercial aircraft this year, surpassing last year’s performance, and potentially reaching 90 E-Jet deliveries next year. The company also expects to deliver 125 to 135 business jets in 2024. Embraer’s impressive performance has attracted investor attention, with its shares rising over 80% this year. This positive trajectory suggests a bright future for Embraer as it capitalizes on its current market advantage.