Brazil's Embraer saw its sales jump to $3.4 billion in 2004, 60.5% higher than the previous year, while net income more than doubled to $380 million. Deliveries were up by nearly 50% to 148 jets. Embraer says the driving force behind the positive results is the entry-into-service of the Embraer 170 in March. "Despite the continually difficult environment faced by airlines worldwide, including some of our customers, 2004 was a positive year for Embraer," the company says. The firm order backlog as of the end of December was $10.1 billion and Embraer booked 132 new orders last year, including 101 orders for the 170/190 family and 31 for the ERJ-145 family.
Source: Flight International
