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Embraer 3Q firm order backlog $17.2B


Published : Tue, 13 Nov 2007 20:55
By : Agencies
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NEW YORK (Thomson Financial) - Embraer Tuesday said its third-quarter firm order backlog for the commercial aviation, executive aviation, and defense and government segments rose by $1.6 billion to $17.2 billion.

During the quarter, the company delivered a total of 47 jets and expects to deliver a total of 165 to 170 jets in 2007.

The company also signed a contract for the sale of 20 E-Jets to Air France/KLM group in Europe.

Shares of Embraer rose 4.6% to $48.15.

Christie Rizk

cr/jw

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

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