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Embraer reached an all-time US$ 26.3 billion backlog record in the last quarter of 2024

In This Article:

  • The company wide backlog value expanded 40%+ year-on-year in 4Q24

  • Commercial Aviation finished 2024 with a US$10.2 billion backlog (15% year-on-year) and a strong 1.6x book-to-bill ratio

  • Executive Jets recorded a new US$7.4 billion all-time high backlog (65%+ quarter-on-quarter) supported by a marquee deal with Flexjet

  • Services & Support posted a new all-time high US$4.6 billion backlog during the quarter, up 50%+ compared to 4Q23

  • Defense & Security registered a 67% year-on-year backlog increase to US$4.2 billion, with a record share from global clients

SÃO PAULO, Feb. 6, 2025 /PRNewswire/ -- Embraer (NYSE: ERJ / B3: EMBR3), one of the global leaders in the aerospace industry, reports that its organization-wide backlog reached US$26.3 billion in 4Q24. The value is the largest ever recorded by the company in its history, and more than 40% higher year-on-year and 16% higher quarter-on-quarter. Embraer finished 2024 with an industry leading 2.2 book-to-bill ratio based on financial values1.

Backlog by Segment - US$bn

4Q24

3Q24

qoq

4Q23

yoy







Commercial Aviation

10.2

11.1

-8 %

8.8

15 %

Executive Jets

7.4

4.4

67 %

4.3

70 %

Services & Support

4.6

3.5

31 %

3.1

50 %

Defense & Security

4.2

3.6

15 %

2.5

67 %







Total

26.3

22.7

16 %

18.7

41 %

Embraer delivered 75 aircraft in the last quarter of the year, 27% more than the 59 aircraft in the previous quarter (3Q24), and equal to the number in the same period a year ago (4Q23). Meanwhile, the company delivered a total of 206 aircraft in 2024 – a 14% increase compared to the 181 aircraft in 2023.

Deliveries by Segment

4Q24

3Q24

4Q23

2024 FY

2023 FY

2024 Guidance








Executive Aviation

44

41

49

130

115

125-135

Phenom 100

3

4

6

10

11


Phenom 300

19

18

24

65

63


Light Jets

22

22

30

75

74


Praetor 500

13

9

10

28

20


Praetor 600

9

10

9

27

21


Medium Jets

22

19

19

55

41









Commercial Aviation

31

16

25

73

64

70-73

E195-E2

18

10

17

39

38


E190-E2

2

2

1

8

1


E175

11

4

7

26

25









Total Commercial & Executive

75

57

74

203

179

195-208*








Defense & Security

-

2

1

3

2

C-390 Millennium

-

2

1

3

2

A-29 Super Tucano 

-

-

-

-

-

*Excludes C-390 Millennium and A-29 Super Tucano deliveries






In Commercial Aviation, the backlog reached US$10.2 billion in 4Q24 – 15% higher year-on-year but 8% lower quarter-on-quarter – because of the seasonally strong period of aircraft deliveries. The business unit delivered 31 new aircraft in the last quarter of 2024 and 73 in the full year (at the ceiling of revised estimates of 70-73 for the year and within the original estimates of 72-80). Consequently, Commercial Aviation finished 2024 with a strong 1.6 book-to-bill ratio based on financial values2.