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Tue, Apr 17, 2018

Embraer Delivers 14 Commercial And 11 Executive Jets In First Quarter 2018

First New Phenom 300E Among The Delivered Aircraft

During the first quarter of 2018, Embraer delivered 14 jets to the commercial aviation market across the U.S., Europe and Asia Pacific. In the business aviation market, 11 aircraft were delivered in the same period, being eight light jets and three large jets.

With respect to the Company's consolidated firm order backlog value in USD, Embraer will be releasing the value of its consolidated 1Q18 backlog together with the 1Q18 earnings results on April 27, 2018, as it is now part of the Financial Statements according to the new IFRS 15 requirements.

The quarter's main highlight was the triple certification for the E190-E2, the first member of the E-Jets E2 family of commercial aircraft, from the Brazilian Civil Aviation Agency (Agência Nacional de Aviação Civil – ANAC), the FAA and EASA . It is the first time that an aircraft program with the level of complexity of the E2 receives a type certificate from three major worldwide certification authorities simultaneously. Before the certification, Embraer announced some final flight tests results confirming the E2 as the most efficient single-aisle aircraft on the market. In fuel consumption, the E190-E2 proved to be 1.3% better than originally expected, a 17.3% improvement compared to the current- generation E190.

The E190-E2 also becomes the most environmentally friendly aircraft in its class, with the lowest levels of external noise and emissions. Flight test results also confirmed the E190-E2 to be better than its original specification in takeoff performance. The aircraft's range from airports with hot-and-high conditions, such as Denver and Mexico City, increases by 600 nm compared to current-generation aircraft. Its range from airports with short runways, such as London City, also increases by more than 1,000 nm allowing the aircraft to reach destinations like Moscow and cities in the north of Africa.

The E190-E2 will also have the longest maintenance intervals among single-aisle aircraft with 10,000 flight hours for basic checks and no calendar limit for typical utilization. This means an additional 15 days of aircraft utilization over ten years compared to current generation E-Jets. Another key gain is with pilot transition training time. Pilots of current-generation E-Jets will need only 2.5 days of training and no full flight simulator to be qualified to fly an E2.

Embraer Defense & Security announced, at the Singapore Airshow, the signing of a Letter of Intent with aviation services company SkyTech for up to six new KC-390 multi-mission transport aircraft. The aircraft are earmarked for multiple defense projects and both companies have also agreed on a potential strategic collaboration to jointly explore new business opportunities in training and services.

During 1Q18, Embraer delivered the first new Phenom 300E business jet after receiving certification from the FAA, EASA, and the Brazilian Civil Aviation Agency (ANAC – Agência Nacional de Aviação Civil). The new light jet model was launched—and debuted—at the 2017 National Business Aviation Association's Business Aviation Conference and Exhibition (NBAA-BACE), in October 2017.

(Source: Embraer news release. Images from file)

FMI: www.embraer.com

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