Embraer Deliveries For 2Q23 Increased 47% YoY, Totaling 17 Commercial And 30 Executive Jets
Portfolio Pulse from Benzinga Newsdesk
Embraer's 2Q23 deliveries increased by 47% YoY, totaling 17 commercial and 30 executive jets. Compared to 2Q22, the delivery volume increased by 55% in Commercial Aviation and 43% in Executive Jets. The firm order backlog ended the period at US$ 17.3 billion.
August 04, 2023 | 2:50 pm
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Embraer's increased deliveries and order backlog suggest strong demand for its products, which could positively impact its stock price.
The increase in Embraer's deliveries and order backlog indicates a strong demand for its products. This could lead to increased revenues and profitability, which are likely to have a positive impact on its stock price.
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IMPORTANCE 80
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