Brazil Embraer’s Sales Double

Brazil’s aircraft manufacturer Embraer net sales increased by 113.5% during the third quarter this year in relation to the same period last year, reaching US$ 936.5 million.

Even though the sales doubled from the same period last year, they only increased 1.3% in relation to the second quarter of this year. Embraer’s net income was of US$ 137.3 million in the third quarter of the year.


The company delivered 40 jets in the period, 25 of which were the ERJ 145, 13 of the Embraer 170 and 2 Legacy.


Since the beginning of the year, 106 airships were delivered, and up to the end of the year, the total will be 145.


The order backlog as of the end of the third quarter, totalled US$ 29.5 billion, US$ 11 billion of which in firm orders.


Sales to the defense sector increased significantly in the third quarter in relation to the second quarter this year, due to the delivery of airships ALX and F5 to the Brazilian Air Force (FAB).


Sales to the commercial rose 1.6%, and corporate aviation dropped by 29.7%. In relation to the same period in 2003, there was 165%, 42.5%, and 33.9% growth in commercial aviation, defense and customer service respectively.


Embraer also announced that Air Canada ordered 15 Embraer 175 airliners, plus options for an additional 15 aircrafts. The order, set to be delivered as of the beginning of July 2005, adds to a previous order made by the Canadian company during the year, of 45 Embraer 190 airliners and 45 options.


The new order adds up to US$ 420 million, with the potential to reach US$ 840 million.


ANBA ”“ Brazil-Arab News Agency

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil’s Lula Calls Blair and Again Proposes Summit of G-8 and G-20

Brazilian President Luiz Inácio Lula da Silva, on Tuesday, January 31, telephoned the Prime ...

Brazil’s New Aviation Chief Hits Ground Running While Old One Laments

Brazil's new defense minister and civil aviation chief is so pressed to show results ...

Literature:

Vadinho, Dona Flor’s first husband died on a Sunday of Carnaval, in the morning, ...

Over 200 Domestic and Foreign Companies Expected at Brazil’s Santos Offshore Fair

Discoveries by Brazilian state-controlled oil multinational Petrobras of new fields in the pre-salt layer ...

Brazilians Fear Chavez Will Bring Trouble to Mercosur

Venezuela’s incorporation to Mercosur scheduled for this week’s presidential summit in Montevideo, Uruguay, is ...

Close to 90% of Brazil’s Ethanol Is Being Used Domestically

With the beginning of this year’s Brazilian sugarcane harvest in March, price adjustments for ...

Brazil and Spain Call for a Cease-Fire on Their Deportation War

Following a tit-for-tat stand off between Brazilian and Spanish authorities regarding their nations tourists ...

These Brazilians Use the Pharaohs’ as Their Second Language

To a specific group of Brazilians, the signs and drawings on limestone and papyruses ...

Death Threats Are Part of Daily Life for Brazil’s Human Rights Activists

The UN rapporteur for human rights, Hina Jilani, recently visited  Brazil to become more ...

Bank Card Cloners and Social Security Cheaters Keep Brazil’s Federal Police Busy

The Brazilian Federal Police have already arrested, today, 40 people involved in a gang ...