Brazil’s Embraer Lowers 2006 Forecast: 135 Jets and Not 145 Will Be Delivered

Brazzil Magazine covers

Embraer, a Brazilian aircraft manufacturer, delivered 30 airplanes in the third quarter of this year, being 22 commercial and eight executive jets. In the period between January and September, a total of 93 aircraft were delivered.

The company also disclosed that its order portfolio reached US$ 13.3 billion at the end of the third quarter, 29% more than the total registered at the end of the second quarter of 2006.

According to the company, between the months of July and September, 137 commercial aircraft and "a significant number" of executive jets were ordered.

Embraer, however, is not going to reach its forecast of delivering 145 jets this year. A total of 135 will be delivered due to "difficulties found in increasing the production of the Embraer 190 and Embraer 195 lines of aircraft, especially with regard to the assembly of the wings and to delays in the supply chain," according to a company statement.

The Brazilian aircraft maker has already taken "adequate measures" to overcome such difficulties and compensate the delay, and next year a total of 160 aircraft should be delivered, against the 150 forecasted before.

Embraer announced this week that North American airline Northwest Airlines has ordered 36 units of the Embraer 175, each aircraft configured to seat 76 passengers.

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Praises Bush for Friendliness and Candor

The meeting between presidents Luiz Inácio Lula da Silva and George W. Bush was ...

Brazzil Magazine covers

Brazilians Are Taught How to Oversee Public Spending

The Financial Oversight Commission in Brazil’s Chamber of Deputies (Comissão de Fiscalização Financeira e ...

Brazzil Magazine covers

Brazil and Neighbors Start Bank and Take Steps for Common Currency

Paraguayan President Nicanor Duarte and Mercosur ministers of Economy and Foreign Affairs decided Tuesday, ...

Brazzil Magazine covers

Brazil Central Bank Expecting Bad News on Inflation Front

The Monetary Policy Committee (Copom) of Brazil’s Central Bank (BC) is less optimistic than ...

Brazzil Magazine covers

Descendants of Escaped Slaves Clash with Navy in Brazil over Land

After decades of black resistance and at least five years of legal dispute, the ...

Brazzil Magazine covers

Saudi College Students in Brazil Learning About the Country’s Technology

A group of 18 students from the Saudi Science Club is in Brazil to ...