Embraer delivered 92 jets during the fourth quarter of 2010 (4Q10), 30 of which to the commercial aviation market, 61 to executive aviation, and one to the defense segment. Thus, the Company closed out 2010 with 246 jets delivered. The firm order backlog, at the end of the year, came to US$ 15.6 billion, which is 2% higher than the amount recorded on September 30, 2010.
The last quarter of the year was marked by the certification and beginning of operations of a new Embraer executive jet. The large cabin Legacy 650 is based on the successful Legacy 600 platform. Its spacious and comfortable cabin can carry 14 passengers and is able to fly nonstop from Sao Paulo, Brazil, to Miami, Florida, in the U.S. Eight Legacy 600 and Legacy 650 jets were delivered from October to December. Also, production of the Phenom jets accelerated. In 2010, 100 were delivered, which is seven more than the previous year, besides 26 Phenom 300s. Embraer also announced an agreement with U.S.-based NetJets, which resulted in firm contract for the sale of 50 Phenom 300s, and another 75 options.
Throughout 2010, the commercial aviation market showed concrete signs of recovery and gradually regained its business activity. Consequently, Embraer sealed contracts for the sale of 97 new airplanes, which is very close to the 100 deliveries made. The following table summarizes the standing of the commercial jet backlog on December 31.
In the fourth quarter of 2010:
- The Letters of Intent signed with Air Lease and Republic, of the U.S., which were announced at the Farnborough International Airshow, in July, resulted in 16 new firm orders for the EMBRAER 190. Another 44 airplanes from these agreements could be confirmed in the coming months;
- LAM, from Mozambique, confirmed the purchase of one more EMBRAER 190;
- Lufthansa, from Germany, bought eight more EMBRAER 195s
- CDB Leasing, from China, ordered ten EMBRAER 190s.
- One EMBRAER 190 jet was sold to an undisclosed customer;
- The 700th E-Jet produced was delivered by Embraer in November and will be operated
by BA CityFlyer;
- Five firm orders for the EMBRAER 190 by US Airways were cancelled.