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Embraer Commercial Planes Delivery in Q1 Minus 21.6 Percent

By Newsfeed/Reuters

RIO DE JANEIRO, BRAZIL - Brazil planemaker Embraer SA said on Friday that it delivered 11 commercial planes in the first quarter of 2019, three fewer than in the same period last year, as it works to cede control of that profitable division to Boeing.

The company said its overall backlog, a gauge of future revenue, stood at $16 billion, maintaining recovery from a 5-year low that it had recorded in October of last year. The backlog at that time stood at US$13.6 billion.

Embraer also said it had delivered 11 executive jets in the . . .

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