The company’s backlog stayed flat at $4.6bn in comparison with the first quarter of 2024.

In the light jet segment, Embraer delivered 18 Phenom 300s, up 80% from the first quarter and flat compared to same period last year. However, it delivered two Phenom 100.

In the mid-size segment, the company delivered three Praetor 500s and four Praetor 600s – flat on a sequential basis while declining from six and five respectively in second quarter of 2023.

So far, in the first half of 2023, Embraer has delivered 45 executive jets against the annual target of 125-135 deliveries. Jet deliveries are seasonal and usually pick up pace in third quarter with major chunk leaving the manufacturers’ hangars in the fourth quarter of fiscal year.

Overall, the company’s total backlog for executive, commercial and services segments hit a seven-year high of $21.1bn, up 20% year-over-year.

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Overall, the company delivered 12 executive jets during during the quarter, down from 20 aircraft in 2014.

The drop in deliveries is largely due to a decline in smaller aircraft shipments. The company delivered seven fewer aircraft than in the previous year.

The company says that its revenues were lower due largely to higher than normal income tax expenditure, saying that foreign exchanges fluctuations during the quarter saw the Brazilian Real depreciate by 21 percent.

Embraer say that they are expecting to deliver between 35 and 40 large jets, and 80 and 90 light jets during 2015.

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