As the third largest Commercial Aircraft manufacturer worldwide, behind Airbus and Boeing, and a driving force in Defense & Security and Business Aviation, Brazilian aviation company Embraer disclosed its earning results for the second-quarter (from April to June) of 2024 on August 8. 

According to Q2 2024 results, Embraer has registered net revenue of $1,49 Billion, up 15.6% from a year earlier and represents an increase of 67% compared to the previous quarter. The revenue increase was driven by the Commercial Aviation ($553.5 Million +17% vs the same period of 2023) as well as the Services and Support division ($403.6 Million, +19% over the Q2 2023). In Executive Jets, Embraer saw an 11% decrease to $335.5 Million. Whereas, Defense and Security division saw the largest proportional growth +130% (from $87 to $187 Million).