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    Your email address will not be published.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

    Beauty and the Beasts

    The precarious romance between Xuxa and Luciano Zsafir, the father of her baby, seems ...

    Brazil Betting Tight Credit Is Ending

    Brazilian and Latin American markets moved higher on the day, regaining ground lost in ...

    The U.S. and Exchange Rates Do Not Scare Brazilian Exporters

    Brazilian exports are going to rise despite seasonal factors like exchange rates and the ...

    Lula and Chavez Disagree on South American Summit. Brazil Position Wins

    Latinamerican leaders meeting in Bolivia ended the second summit of the South American community ...

    Amazonas state rainforest

    Marriott Starts US$ 2 Million Program to Help Save Brazil’s Amazon

    Brazil's Amazonas state and Marriott have signed an agreement to support a plan to ...

    Barrashopping Shopping Mall, in Rio, Brazil

    World Meets in Brazil to Discuss Where Shopping Malls Are Going

    São Paulo, Brazil, is holding a congress that will show how the shopping mall ...

    Brazil's Central Bank

    Brazil Has Record Reserves: Over US$ 350 Billion

    Brazil’s Central Bank informed Brazilian foreign exchange reserves reached an all-time high on Wednesday ...

    500 Protesters Who Broke Into Brazilian Congress Are in Jail

    Members of Brazil’s Movement for Liberation of the Landless (Movimento de Libertação dos Sem ...

    Presidents Uribe and Lula

    Brazil Tells Colombia About Its Concern Over US Forces in that Country

    Colombia's president Alvaro Uribe three day visit to seven South American countries to explain ...

    Interest Rates Still Too High, Brazil Admits

    Brazil’s Minister of Finance, Antônio Palocci, acknowledged that real interest rates are still high ...