Embraer reached an all-time record company backlog of $26.3 billion in the fourth quarter of 2024, a year-over-year increase of 40%.

Of that amount, $7.4 billion was for its Embraer Executive Jets division, which was 70% higher year over year, a new record for the company, and an increase of 67% over its third-quarter 2024 results.

The recently announced mega-deal with Flexjet served to boost the Brazilian airframer’s private aircraft book-to-bill ratio to an industry-leading 2.7:1 based on financial values.

While it was only just revealed, the massive deal—which represents the largest firm order for both companies—was signed in the fourth quarter of 2024, the OEM told AIN.

In the fourth quarter, Embraer delivered 44 private jets—split evenly between its light Phenom and larger Praetor families—and reached a 14-year high of 130, placing it firmly in the center of its predicted delivery range for the year.

Also reaching a record backlog was the company’s services and support division with a climb to $4.6 billion in the fourth quarter, a 50% increase from the same period in 2023, and 30% more than third-quarter 2023. That rise stemmed in part from the milestone Flexjet agreement, as well as other new contracts from its commercial aircraft customers. The division finished out the year with a 1.9:1 book-to-bill ratio based on financial values.