Embraer delivered 32 commercial and 43 executive jets during the fourth quarter of 2016 The Company delivered 108 aircrafts to the commercial aviation market and 117 to the executive aviation market by the end of the year.
“2016 was a year of major challenges in the aviation industry due to global economic and political uncertainties. In response to this scenario, Embraer is implementing important actions and making adjustments to be well positioned in all business segments it operates,” says Embraer president & CEO, Paulo Cesar de Souza e Silva. “In executive aviation, for example, we now have a stronger presence with larger executive jets, which indicates a more balanced mix.”
In Commercial Aviation, the highlights of the fourth quarter of 2016 included the delivery of the 1,300th E-Jet to China’s Tianjin Airlines and the beginning of E170 operations with S7 Airlines in Russia, which signed an agreement with GECAS to lease 17 pre-owned E170 jets and a deal with United Airlines for the sale of 24 E175 jets. The spare parts pool program also continues to grow. In the last quarter, Eastern Airways in UK, and Airlink in South Africa, signed contracts for the program.
In Executive Aviation, Airsprint received the first two Legacy 450 jets of the purchase agreement for up to 12 jets of the same model which was announced in July.
In the Defense & Security business, Embraer developed the KC-390 multi-mission military airlifter with Provisional Type Certificate for the KC-390 Basic Vehicle, issued by the Industrial Fostering and Coordination Institute, the Brazilian Air Force organization responsible for military certification. Embraer also opened the Gripen Design and Development Network in partnership with Saab, the Swedish defense and security company, in Gavião Peixoto, state of São Paulo in November.