Embraer gains ground in a market dominated by Boeing and Airbus
With the 2,000th E-Jet delivered to Azul, Embraer consolidates the E-Jets as the 3rd best-selling family in the world. Read on Gazeta do Povo!
TL;DR
- Embraer delivered its 2,000th E-Jet, an E195-E2 to Azul, marking the E-Jet family as the third best-selling in global aviation.
- The E-Jets have been in operation since 2004, serving over 90 airlines in approximately 60 countries and transporting over 2.8 billion passengers.
- Embraer's growth is partly attributed to production capacity crises at Airbus and Boeing, and a post-pandemic shift by airlines favoring smaller, more flexible aircraft.
- The company's share price has surged significantly, and its firm order backlog reached a record $34.5 billion.
- Persistent supply chain issues, particularly with engines, are limiting Embraer's delivery capacity.
- The E175 holds a dominant position in the North American regional aviation market.
- Embraer is also performing well in executive aviation and the military market with the KC-390 Millennium.
- The company is exploring opportunities in India, potentially including an E-Jets production line, and advancing with its Eve Air Mobility eVTOL subsidiary.
- Embraer is considering developing a larger single-aisle commercial jet to compete directly with Airbus and Boeing, a project estimated at $10 billion.