A Embraer (NYSE: ERJ; B3: EMBR3) delivered 14 jets in the first quarter of 2022, six commercial and eight executive (six light and two medium). As of March 31, the firm order backlog totaled $17,3 billion.
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Embraer delivered 56 jets from the Phenom 300 last year, cementing product excellence for a decade and market dominance. The Phenom 300 series has had an annual average of 50 aircraft delivered per year since it entered the market in December 2009. In the first quarter of 2022, sales in Executive Aviation continue to grow.
In the Defense segment, Embraer signed two contracts with the Brazilian Army, the first being for the acquisition by the Army of four additional units of SABER M60 radars, in its 2.0 version, and the second for the development and implementation of Phase Two of Army Strategic Program for the Integrated Border Monitoring System (SISFRON).
In the Services and segment, Embraer signed an extensive long-term services agreement with Air Peace to the airline's fleet of E195-E2 and ERJ 145 jets. The contract includes access to the Pool Program, which includes component exchange and repair services for hundreds of items on Air Peace's Embraer aircraft, and the installation of Aircraft Health Analysis and Diagnosis (PROgnosis) in the fleet. of the company's E195-E2. In addition, Embraer signed a long-term contract extension for the Pool Program with German Airways.
