Embraer Doubles Q1 2024 Backlog To $21.1 Billion

To say 2024 has started well for Embraer is a gross understatement. The Brazilian aerospace company posted exceptional numbers for the first quarter of the year in both deliveries and orders, leading to its highest backlog over the past seven years. The 67% growth in deliveries came from robust growth in the Executive Aviation business, while the Commercial Aviation backlog grew by 26% in the quarter.