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Embraer says jet backlog grows, but cuts 2006 delivery forecast

Embraer says jet backlog grows, but cuts 2006 delivery forecast

The world's fourth-largest aircraft manufacturer has a growing backlog of jet orders but will deliver 10 fewer planes this year than it had predicted, Embraer chief executive Mauricio Botelho said Friday.
Empresa Brasileira de Aeronautica SA said its backlog for firm jet orders as of Sept. 30 totals US$13.3 billion (euro10.5 billion), up from US$10.4 billion (euro8.21 billion) at the end of the second quarter in June.
Not included in that total is Northwest Airlines Corp.'s order Thursday night for 36 Embraer E175 jets _ a deal worth US$1 billion (euro790 million), based on list prices. Northwest also ordered 36 jets from Canada's Bombardier Inc., Embraer's main competitor.
Embraer also said the company delivered fewer jets than expected during the third quarter because of supply problems for the manufacture of its E170 and E190 jetliners. Overall deliveries for this year were decreased to 135 from 145.
"Unfortunately, our suppliers did not prepare themselves for a sharp increase in demand for parts for the planes," Botelho said.
The delays led Embraer to take over wing production, he added.
Embraer's American depository shares were up 0.6 percent Friday afternoon on the New York Stock Exchange, or 25 cents to US$41.28 (euro32.60).


Updated : 2021-04-14 07:45 GMT+08:00