UPDATE 1-Embraer tops 2015 E-Jet target; bigger business jets jump

jueves 14 de enero de 2016 09:29 GYT

(Adds details of deliveries, full-year targets, share performance)

By Brad Haynes

SAO PAULO Jan 14 (Reuters) - Commercial jet deliveries from Brazil's Embraer SA beat its outlook for 2015, and the executive aviation unit hit its targets due to a late surge in deliveries of larger private aircraft.

The world's third-largest commercial planemaker delivered 33 jets to airlines in the fourth quarter, according to a Thursday filing, up from 30 a year earlier.

Executive jet deliveries slipped to 45 aircraft from 52.

The late flurry in 2015 lifted full-year commercial deliveries to 101 aircraft, just above the target of 90 to 100 set in March.

Embraer's E-Jets have dominated the regional jet segment as rival Bombardier Inc turned its focus to the larger C-Series program.

Healthy demand is helping the Brazilian planemaker maintain a strong backlog of firm orders until its re-engined regional jets, known as E2, start entering service in 2018.

Embraer's backlog, a measure of expected revenue, slipped to $22.5 billion at year-end from $22.8 billion in September.   Continuación...