Airlines

Embraer deliveries increase 47% in 2Q23 totaling 17 Commercial and 30 Executive Jets

Embraer delivers the first Legacy 500 to China's launch customer Jackie Chan

In the second quarter of 2023, Embraer supplied 47 jets in total, of which 17 were commercial airplanes and 30 were executive jets (19 light jets and 11 midsize jets). The company delivered 62 aircraft in all throughout the year (24 commercial and 38 executive). Deliveries in the second quarter were 47% greater than they were in the corresponding quarter in 2022.

Total sales of Boeing, Airbus, and Embraer at Paris Airshow 2023(Opens in a new browser tab)

In comparison to 2022, when 46 jets were delivered, the volume in the first half of 2023 climbed by 35%. The volume of deliveries grew by 43% for executive jets and by 55% for commercial aviation as compared to the second quarter of 2022. The firm’s order backlog was at US$17.3 billion at the end of the reporting quarter.

American Airlines placed a definitive order with Embraer for seven brand-new E175 aircraft. The subsidiary Envoy Air will fly the aircraft. By the end of 2024, Envoy’s fleet of E-Jets will number around 141 aircraft once deliveries start in 4Q23.

Binter also placed a solid order with Embraer for six E195-E2 aircraft. When the aircraft are delivered, Binter’s fleet of E2 aircraft will total sixteen aircraft. Once all contractual snags are resolved, this order will be added to Embraer’s backlog.

Embraer E195-E2 and E190-E2 Receives Type Certification in Canada(Opens in a new browser tab)

SKS Airways of Malaysia signed a contract to purchase 10 E195-E2 aircraft for its fleet. SKS also joined the Pool Programme to support the operation of aircraft in Southeast Asia. Additionally, nine E190-E2s will be added to Scoot’s fleet. Scoot is a low-cost division of Singapore Airlines. Royal Jordanian Airlines also struck a deal to add eight E190-E2 and E195-E2 aircraft to its fleet, with delivery beginning in the 4Q23. Contracts with the leasing firm Azorra were a part of all three deals.

With Star Air, an Indian airline that already uses E-Jets, four E175s went into service. Additionally, Star Air expanded the scope of its Pool Programme contract to cover its fleet of E175s.

Embraer Services & Support extended Pool Programme contracts with Rex Group (Australia) and Amelia (France), in addition to Star Air and SKS Airways. The introduction of 20 E-Jets P2F for the Lanzhou Group was another high point of the quarter for the business unit. This P2F contract between Embraer and China is unique.

Embraer E195-E2 Granted Certification by ANAC, FAA and EASA(Opens in a new browser tab)

With regards to Executive Aviation, NetJets and Embraer have a contract for the purchase of up to 250 Praetor 500 jet options. Deliveries are anticipated to start in 2025, and the transaction is estimated to be worth more than $5 billion.

Airlines

PIA Reinstates Manchester and Paris Routes After EU Ban Lift

Pakistan International Airlines (PIA) has announced plans to resume flights to Europe starting in January, beginning with Paris as its first destination.

The decision follows the European Union Aviation Safety Agency’s (EASA) removal of a long-standing ban on the airline. PIA’s inaugural flight to Paris is scheduled for January 10, with bookings opening on December 9.

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In an official statement, PIA spokesperson Abdullah Hafeez Khan confirmed that the first flight schedule has been approved, marking a significant milestone in the airline’s recovery efforts. The EU ban had previously cost PIA approximately Rs40 billion ($144 million) annually in lost revenue, compounding its financial struggles.

With European operations restarting, PIA is now setting its sights on the United Kingdom. The airline plans to seek approval from the UK Department for Transport (DfT) to resume flights to major British cities such as London, Manchester, and Birmingham.

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These routes are anticipated to see high demand once necessary clearances are obtained. The lifting of the EU ban represents a key achievement for PIA as it works to rebuild its international network and regain its standing in the global aviation market.

By restoring flights to Europe and aiming for UK destinations, PIA is taking critical steps toward recovering lost ground and improving its financial outlook.