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Embraer’s Business Jet Sales Thrived in 2021

by Global Sky Team
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Embraer’s Business Jet Sales Thrived in 2021

In 2021, Embraer reported a total delivery of 93 executive jets. Within the deliveries, 62 of them are light jets (the Phenom series) while the remaining are mid-size executive jets (the Praetor series). In the fourth quarter of 2021, executive jets made up 71% of the sale (39 out of 55 jets).

During the last quarter of 2021, Embraer and NetJets have signed an agreement for up to 100 additional Phenom 300, in excess of $1.2 billion. As part of the deal, NetJets will take delivery of the Phenom 300E in the second quarter of 2023, in both the United States and Europe.

The Brazilian manufacturer has also delivered a new Phenom 300E in Quito, Ecuador, marking the first delivery of the aircraft type in the country, and the first Praetor 500 in Canada to AirSprint Private Aviation, a Canadian privately held Fractional Jet Ownership company.

For services & support, Embraer has also signed several contracts during the quarter. At MRO Europe, a leading aeronautical maintenance event, Embraer announced Pool Program agreements with KLM Cityhopper, the regional subsidiary of KLM Royal Dutch Airlines, Air Montenegro, and the renewal of the Pool Program with TAP express, TAP Air Portugal’s subsidiary. Currently, Embraer’s Pool Program supports more than 50 airlines worldwide.

As of December 31, the firm order backlog totaled USD 17.0 billion, reaching its highest value since the second quarter of 2018.

According to Asian Sky Media’s Business Jet Report in 2020, Embraer remains the third popular OEM in the Asia-Pacific region.

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