Embraer Executive Jets Posts Revenue, Sales Gains
Embraer reported an increase in its executive aircraft sales and revenues in 2021.
Buoyed by sales of its class-leading Phenom 300E, Embraer tallied increases in business jet sales and revenues between 2020 and 2021. (Photo: Embraer Executive Jets)

Sales for Embraer's executive jets division climbed 7.5 percent last year while revenues grew 5 percent year-over-year (YoY), the Brazillian airframer reported Thursday during its year-end financial results conference call. The manufacturer sold 93 jets in 2021 compared to 86 the previous year and its revenues grew from $1.07 billion to $1.13 billion over that span as the airframer’s turnaround plan, launched in response to the Covid-induced 2020 economic crisis, continues to bear fruit.


Last year’s sales were comprised of 62 Phenom light and 31 Praetor mid-size jets, 39 of which sold in the fourth quarter (26 light and 13 mid-size) and represented an 8 percent YoY bump. The Phenom 300E—the most delivered light jet for ten years running—was again the most delivered in 2021. Embraer noted NetJets’ October agreement to purchase Phenom 300Es, with the first delivery scheduled for 2023, is valued at more than $1.2 billion.


The executive jets division also signed more than 795 new service contracts, boosting services and support earnings 20 percent to $1.13 billion, equaling its jet sales revenues. End-of-year backlog for its business jets totaled $2.9 billion—17 percent of the company’s total for commercial, military, and business aircraft orders.


Looking forward, Embraer forecasts the company will deliver 100 to 110 business jets this year and CEO Francisco Gomes Neto foresees no supply chain disruptions due to the ongoing Russia–Ukraine crisis.