18/10/2011 EMBRAER DELIVERS 18 EXECUTIVE JETS IN 3Q11

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Embraer closed out the third quarter of 2011 (3Q11) having delivered 28 commercial and 18 executive jets. On September 30, 2011, the firm order backlog totaled USD 16 billion.
 
The executive aviation unit delivered eight Phenom 100 and nine Phenom 300 jets in 3Q11, for a total of 17 light jets, as well as one Legacy jet. During the quarter, the Company showed a positive net balance in its orders. The highlight was the signing of a Memorandum of Understanding with China’s Minsheng Financial Leasing for the sale of up to 20 airplanes from the entire line of Embraer Executive Jets. At the beginning of October, Misheng sealed an agreement for the purchase of 13 Legacy 650 jets, which will be added to Embraer’s backlog in the fourth quarter of 2011.