Embraer has unveiled its Q4 2024 and annual results, highlighting a 14% increase in commercial aircraft deliveries to 73 units. This total includes 26 E1 family aircraft and 47 E2 family aircraft. In Q4 alone, the company delivered 11 E1 and 20 E2 family aircraft, marking a year-on-year improvement of 24%.
The Brazilian plane maker also reported delivering 130 private jets, an uptick of 13% from the previous year, along with three KC-390 Millenium units. Overall, Embraer's deliveries for 2024 stood at 206 aircraft, reflecting a 14% improvement compared to the prior year.
Embraer said that these figures align with its guidance for both commercial and executive aviation divisions. The company's commercial aviation division recorded revenues of $981 million, up by31%year-on-year (YoY), driven by growing deliveries. Additionally, the adjusted earnings before interest and taxes (EBIT) margin rose from5%to9%