While many in the business aviation industry still eye China as fertile territory, a new report from business aviation consulting firm Asian Sky Group (ASG) predicts the Greater China market will see less than half the growth it experienced last year. In its First-half 2013 Greater China Fleet Additions Report, the Hong Kong-based company says that the Chinese fleet of new and used business jets is expected to increase by approximately 18 percent this year, compared with 40-percent growth last year (albeit from a smaller base total).
Embraer delivered 29 executive jets in the second quarter, compared with 20 in the same period a year ago, the Brazilian aircraft manufacturer said in its second-quarter financial results, released on Friday. The company’s firm-order backlog, including commercial aircraft, jumped from $13.3 billion at the end of the first quarter to $17.1 billion at the end of the second quarter.
Embraer announced its second quarter financial results this morning and the numbers fell into the positive category, with 29 executive jet deliveries, compared with 12 deliveries in the first quarter of this year, and 20 deliveries for the second quarter of last year. The value of the total firm-order backlog, including commercial aircraft, jumped from $13.3 billion at the end of the first quarter to $17.1 billion at the end of the second.
International Lease Finance Corporation (ILFC) has finalized an order for the purchase of 50 E2 E-Jets from Embraer, including 25 E190-E2s and 25 E195-E2s, the Los Angeles-based AIG subsidiary announced Wednesday. The order, originally announced as a letter of intent at last month’s Paris Air Show, also includes options for another 50 airplanes.
Embraer released its second-quarter results yesterday, with 29 executive aircraft delivered, compared with 20 in last year’s second quarter. The value of firm orders received–executive and commercial aircraft combined–leaped by $3.8 billion to $17.1 billion in the second quarter. A breakdown of executive jet numbers in this year’s second quarter showed 23 light jet deliveries and six large jet deliveries (11 Phenom 100s, 12 Phenom 300s, five Legacy 650s and one Lineage 1000).
Embraer recently delivered its 400th Phenom-series twinjet since the debut of the Phenom 100 in 2008. The delivery of the milestone Phenom 300 to a German firm took place at the airframer’s headquarters in São José dos Campos, Brazil. “Delivery of the Phenom 300 to The Hansgrohe Group means we will have nearly 60 Phenoms in Europe, the Middle East and Africa, further [expanding] our presence in these important markets,” said Colin Stevens, Embraer Executive Jets vice president of sales for EMEA.
Embraer last month announced four new suppliers for its second-generation E-Jets, scheduled for a commercial launch some time this year and service entry in 2018.
On Tuesday at the Paris Air Show Boeing Defense, Space and Security announced an agreement with Embraer Defesa & Segurança to lead sales efforts of the Embraer KC-390 medium airlifter in the U.S. and UK and in select states in the Middle East. Boeing will also be the prime for sustainment and training in those territories, with Embraer providing the aircraft and assistance. The deal is part of the over-arching teaming agreement announced last year. Boeing and Embraer foresee an addressable market of 700 aircraft in the medium mobility market.
A new firm order for seven E190 airliners from Venezuela’s Conviasa led Embraer’s commercial activity here yesterday. The deal involved a conversion of options from an order placed in July 2012 and raised Conviasa’s firm order count to 13 E190s. It still holds options for another seven.
Embraer also identified Japan Airlines as the customer for an order for four more E170s. With that deal, JAL has now placed firm orders for 15 E170s.
Embraer launched the new E2 version of its E-Jets yesterday with firm orders, purchase rights, options and letters of intent totaling 350 airplanes from seven customers.