Brazil's Embraer firm order backlog hits highest level since Q2 2018

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SAO PAULO (Reuters) – Brazilian planemaker Embraer SA (NYSE:ERJ) said on Monday its firm order backlog ended 2021 at $17 billion, the highest level since the second quarter of 2018, even after Brazil’s Air Force cut its orders for KC-390 Millennium jets to 22 from 28.

Embraer added in a securities filing that it had delivered a total of 55 jets in the fourth quarter of 2021, including 16 commercial and 39 executive aircraft. In the full year, deliveries reached 141 jets, it said.