[lbo-talk] Brazil's Embraer delivered 37 jets in 4th quarter

uvj at vsnl.com uvj at vsnl.com
Mon Jan 22 14:23:33 PST 2007


Reuters.com

Brazil's Embraer delivered 37 jets in 4th quarter http://today.reuters.com/news/articleinvesting.aspx?type=companyNews&storyid=116807+16-Jan-2007+RTRS&WTmodLoc=BizArt-L1-CompanyNews-2

Tue Jan 16, 2007

SAO PAULO, Jan 16 (Reuters) - Brazilian aircraft manufacturer Embraer (EMBR3.SA: Quote, Profile , Research) said late on Monday it had delivered 37 planes in the fourth quarter, bringing total aircraft deliveries for 2006 to 130.

Embraer, the world's fourth-largest commercial jet maker, had initially predicted it would deliver 145 aircraft in 2006. But in October it lowered its forecast to 135 because of production delays.

Embraer (ERJ.N: Quote, Profile , Research), short for Empresa Brasileira de Aeronautica, said five aircraft with original delivery planned for 2006 will be ready by the end of this month, boosting the company's 2007 forecast to 170 aircraft from 165 previously.

In 2005 the company delivered 141 aircraft.

The aircraft maker's firm order backlog rose 11.3 percent in the fourth quarter from the third quarter to a record $14.8 billion.

Embraer's firm orders include 264 of the EMBRAER 190s, which seat between 98 and 106 passengers, 74 of the EMBRAER 175s, which seat between 78 and 86 passengers, and 43 EMBRAER 195s with a capacity to carry between 108 and 118 people.

© Reuters 2007. All Rights Reserved.



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