Jet Manufacturer Passes 1st Quarter with Flying Colors

Embraer's order book is just as full as ever, hitting the highest level since 2017. The company says it's increased its pace of deliveries by 67% in the first quarter of 2024, handing over 25 jets to customers compared to 15 in the same time frame last year. They even set a record for 1st quarter deliveries, last seeing that level of activity in 2016. All in all, Embraer's sitting pretty with the business it has at the moment, seeing continued popularity for its smaller, lighter aircraft like the Phenom and Praetor series.