By Gabriel Araujo
SAO PAULO (Reuters) – Brazilian planemaker Embraer’s ordinary hold-up to supply airplane is around one to 2 months, the company’s primary monetary policeman claimed on Thursday, highlighting it as much shorter than the hold-ups bigger peers encounter.
The air travel market has actually come to grips with supply problems considering that the pandemic, requiring aircraft suppliers to postpone distributions and constricting an ability boost that would certainly aid airline companies satisfy greater traveling need.
Engines remain to be Embraer’s greatest supply-constraint issue, CFO Antonio Carlos Garcia informed press reporters, yet the business has actually prevented extreme expansions to shipment due dates.
“We only commit to our clients when we can deliver. So there can be a delay, but one to two months maximum this year,” Garcia claimed. “While for Boeing and Airbus it may top a year, depending on the client.”
The 2 competing suppliers did not instantly react to ask for remark.
The Brazilian company’s particular niche is the local market for aircrafts smaller sized than Boeing’s and Airbus’ very successful 150-seat-plus market. Embraer’s E2 jets, nonetheless, straight take on Airbus’ A220.
Embraer has actually experienced solid need for its little narrowbody airplane, such as the next-generation E2, as service providers encounter a scarcity of bigger single-aisle aircrafts as a result of Boeing’s and Airbus’ prolonged shipment timelines.
The stockpile of Embraer’s commercial-aviation device finished the 2nd quarter at $11.3 billion well worth of company orders, up 40% year-on-year, while the total stockpile stood at a seven-year high of $21.1 billion.
Garcia verified that Embraer, which anticipates to supply 72 to 80 business airplane this year, still has manufacturing ports offered for 2026.
Recent sales consisted of 20 E2 jetliners to Mexico’s state-run Mexicana de Aviacion and 8 E190-E2 to Virgin Australia.
“Mexicana is a clear example,” Embraer financier connections head Guilherme Paiva claimed. “The problems that the industry faces obviously have favored companies like us, which have managed to deliver aircraft on time.”
(Reporting by Gabriel Araujo; Editing by Rod Nickel)
