Embraer’s Commercial Deliveries Hit Five-Year Low

Embraer has posted some of its worst quarterly commercial aircraft results since 2009. The Brazilian manufacturer delivered only 14 E-Jets in 1Q 2014, down from 17 aircraft in the same period last year. However, business jet deliveries rose from 12 in 2013 to 20 this year, thanks to demand for Embraer’s Phenom 300 jet. Embraer's backlog of orders rose to $19.2bn at the end of March, up $1bn from the end of December. Embraer did not include military aircraft in its results. 

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