Embraer successfully delivered 181 jets in 2018, of which 91 were executive jets—64 light and 27 large—totaling an order backlog of $16.3 billion, as of December 2018.
The company delivered 36 executive jets—24 light and 12 large in the final quarter of 2018.
According to a statement made by the company during its recent meeting with investors at the New York Stock Exchange (NYSE), deliveries for the business aviation market were below the 105 to 125 outlook.
At the end of the 2018, Embraer launched the new Praetor 500 midsize and Praetor 600 super-midsize business jets. The Praetor 600 is expected to enter service in the second quarter of 2019, followed by the Praetor 500 in the third quarter.
Trans States Airlines confirmed a contract to implement the Embraer Collaborative Inventory Planning (ECIP) program, a supply chain solution for expendable parts.
Feature image: Business Insider – Embraer Praetor 500