Story ID: 
Embraer Continues To Soar in Second Quarter
By: Sarah Rose
Caption: Revenues, backlogs, and deliveries continue to climb at the Brazilian aircraft manufacturer
Word Count: 192
In its second-quarter financial report today, Embraer shared that its overall revenue, orders backlog, and deliveries were up. The company delivered 47 jets, of which 27 were business jets (20 Phenom light jets and seven Praetor midsize jets), 19 commercial jets, and one multi-mission C-390 Millennium in the defense sector.
While this was an increase over the 25 aircraft delivered in the first quarter, the 28 business jets were two fewer than in the second quarter of last year. Embraer handed over 45 business jets in the first half (31 Phenoms and 14 Praetors), up seven (six Phenoms and one Praetor) from the same period a year ago. It expects to ship 125 to 135 business jets in total by year end.
The company reported a firm order backlog of $21.1 billion, a seven-year high, up more than 20% annually. Embraer said the biggest increase in backlog came from its commercial aviation division (up $227 million), while the most significant decrease occurred in Defense & Security (down $251 million). Its business jet backlog stood at $4.6 billion at the end of June, an 8% increase year over year.
Revenues totaled $1.494 billion in the period, up 67% from the previous quarter.