Embraer has slashed its two-year delivery forecast by 12% after a series of order cancellations and delays announced by several US customers. The revision drops 15 aircraft from the 160 previously planned in 2004 and 25 from the 170 deliveries forecast for 2005.
The decision comes just a week after rival Bombardier reduced its own regional jet delivery schedule. In 2003, Embraer delivered 101 aircraft - 47 fewer than the Brazilian company's original forecast.
Last week's decision by American Eagle Airlines to cancel 18 ERJ-145 deliveries planned from July 2005 to February 2006, and the previous suspension of Embraer's 170 aircraft deliveries to US Airways, triggered the latest forecast revision.
US Airways had received 22 of 85 Embraer 170s before the suspension. At the same time, Embraer has finally put Air Canada's previously announced order for 90 190 aircraft (45 firm, 45 options) on its books. Embraer has also confirmed Copa Airlines' order for 10 190s, plus 20 options.
The announcement coincides with Embraer's third-quarter deliveries schedule. In the three months to 30 September, it delivered 40 aircraft and has delivered a total of 106 in the first nine months.
DARREN SHANNON / WASHINGTON DC
Source: Flight International
