SÃO PAULO, Brazil -- Embraer reported consolidated revenue of $2,651.8 million for the fourth quarter of 2025, representing a 15% increase compared to the same period in 2024. For the full fiscal year 2025, the company achieved total revenues of $7,577.5 million, an 18% year-over-year increase that surpassed the high end of its previous guidance. Net income attributable to shareholders for the quarter was $83.3 million, nearly doubling the $45.6 million reported in the fourth quarter of the prior year. On a full-year basis, net income remained stable at $351.9 million compared to $352.6 million in 2024.

The company reached a record firm order backlog of $31.6 billion at the end of 2025, a 20% increase over the previous year. This growth was mainly due to a 42% jump in orders for commercial planes. For every plane delivered in that category, nearly three new orders were taken for E175 and E2 models, a book-to-bill ratio of 2.8x. The defense and security division also grew its future order list by 10%. These numbers show a strong interest in Embraer’s smaller commercial jets and military aircraft, giving the company a clear view of its expected work and income for several years.

Looking ahead to 2026, the company expects sales to range between $8.2 billion and $8.5 billion. It plans to ship 80 to 85 commercial planes and 160 to 170 private jets. Profit margins are expected to be around 9%, even after paying for a 10% tax on goods imported into the U.S.. While challenges like shipping delays and manufacturing costs remain, the massive list of future orders provides a steady starting point to reach these goals.

INDUSTRY SEGMENTS

Commercial Aviation Fourth-quarter revenue in this segment was $974 million, a 1% decline compared to the same period in 2024. The company delivered 32 commercial jets during the quarter, consisting of 18 E2s and 14 E1s. While the full-year delivery total of 78 aircraft was an increase over the 73 delivered in 2024, quarterly performance was impacted by the specific timing of the customer delivery mix.

Profitability in the commercial segment was constrained, as the adjusted EBIT margin fell from 8.5% to 4.1% year-over-year. This compression was attributed to a less favorable customer mix and increased production expenses, specifically in logistics. Despite the quarterly margin dip, the segment remains a critical long-term driver due to the massive increase in firm orders.

Executive Aviation Executive Aviation recorded revenue of $750 million in the fourth quarter, a 20% increase over the prior year. Deliveries for the quarter reached 53 units, including 28 light and 25 medium jets. For the full year, the segment delivered 155 aircraft, reflecting strong market demand for both light and medium categories.

The segment demonstrated improved profitability, with adjusted EBIT margins rising to 10.5% from 10.3% in the prior year. Higher delivery volumes and improved pricing power effectively offset $24 million in costs related to U.S. import tariffs. The segment benefited from significant operating leverage as it scaled production to meet the growing backlog.

Defense & Security Revenue for the defense segment rose 48% to $345 million in the fourth quarter. This growth was driven by higher revenue recognition for the KC-390 Millennium program, calculated via the percentage of completion method. Deliveries for the quarter included two KC-390 aircraft and four A-29 Super Tucanos. Operating margins in Defense & Security normalized to 6.8%, down from a high of 17.5% in the fourth quarter of 2024. The decline was primarily due to a change in customer mix and the absence of one-off benefits that had aided the previous year’s results. The segment continues to focus on the international expansion of the KC-390 multi-mission platform.

Services & Support The services segment reported $552 million in quarterly revenue, a 25% year-over-year increase. Growth was broad-based across all business lines, with particularly strong activity in support for Commercial Aviation and Defense & Security. For the full year, services revenue grew 18%, reflecting the expanding global fleet of Embraer aircraft.

Segment profitability improved significantly, with the adjusted EBIT margin reaching 21.4% compared to 17.4% in the fourth quarter of 2024. This margin expansion was driven by favorable materials costs and higher service volumes. The strong performance in services helped mitigate the financial impact of U.S. tariffs on other business units.

Source: Forecast International
Associated URL: https://flightplan.forecastinternational.com/2026/03/06/embraer-achieves-record-31-6-billion-backlog-and-surpasses-2025-revenue-guidance/

SAINT-CLOUD, France -- Dassault Aviation reported total sales of €7.42 billion for the full year 2025, marking a 19.1% increase over the €6.23 billion recorded in 2024. The company’s net profit reached €1.06 billion, remaining nearly level with the previous year’s €1.05 billion. While total revenue grew significantly, the actual percentage of profit kept from each Euro earned dropped slightly from 17% to 14.3% due to rising costs and shifts in the types of aircraft delivered.

The company’s total backlog grew to €46.60 billion, up from €43.22 billion the previous year. This growth was fueled by €10.94 billion in new orders during 2025. A standout deal was the selection of the Rafale Marine fighter by the Indian Navy for 26 aircraft, a major win that ensures the production line for the carrier-based version of the jet will remain active for years. These wins reflect a global trend where nations are aggressively updating their military hardware in response to rising international tensions.

Looking ahead to 2026, the company expects sales to climb even further to €8.5 billion. This target is based on the planned delivery of 28 Rafale fighter jets and 40 Falcon business jets. While the massive pile of existing orders makes future revenue predictable, the company faces risks related to the global supply chain. Company leadership characterized the operating environment as demanding, citing geopolitical uncertainty, U.S. tariff-related commercial disruptions in the first half of 2025, an evolving French military programming law, and domestic tax pressure as factors creating friction for both military and civil programs. The main challenge for 2026 is whether the company can ramp up production and build each aircraft faster in order to hit its higher sales targets.

INDUSTRY SEGMENTS

Defense (Military Aircraft)

The military division saw a boost in activity, delivering 26 Rafale fighters in 2025, which was one more than originally planned. More than half of these jets were sent to international customers, while the remainder went to the French Air and Space Force. The Rafale remains the company’s most important product, with 220 jets currently on order. This global demand is driven by countries looking to modernize their air forces with proven technology that is independent of U.S. or Russian supply chains.

Profitability in the defense sector stayed healthy due to the high volume of deliveries, but the company had to manage the rising costs of raw materials and energy. Because many defense deals are "fixed-price" contracts signed years in advance, the company must absorb any unexpected increases in manufacturing costs. However, lower internal spending on research and development this year helped protect the bottom line as the current version of the Rafale jet has reached a mature, efficient stage of production.

A shift is underway as the Rafale fighter jet becomes a global export powerhouse; international customers accounted for 58% of all deliveries this year. This successful expansion into markets across Europe, South Asia, and the Middle East ensures the company’s factories will remain busy for the foreseeable future. Furthermore, if a pending deal for 114 jets with India is finalized, it would secure production well into the next decade and significantly lower the average cost of building each aircraft.

Falcon (Business Jets)

The Falcon division delivered 37 aircraft in 2025. While an improvement over the 31 jets delivered the year before, it fell short of the company’s original goal of 40. New orders for the year totaled 31 jets, up from 26 in 2024. Demand for these large-cabin, long-range jets remained steady, though some customers were hesitant early in the year due to uncertainty over international trade policies, tariffs and potential new taxes.

Profit levels for the Falcon business were affected by the production ramp-up of newer models and the associated learning-curve effects on more advanced models, which are more expensive and complex to initially assemble. The segment’s profitability remains sensitive to delivery timing and the specific mix of aircraft models, as larger and more advanced jets typically generate a higher percentage of profit per sale.

Looking ahead, the upcoming launch of the Falcon 10X will test whether Dassault can successfully take market share from established rivals in the ultra-long-range private jet sector. Meanwhile, the launch of a new Falcon service and finishing center in Melbourne, Florida, serves as a key move to earn more from long-term maintenance and repair work while improving customer service scores. This focus on better supporting private jet owners has been labeled a top priority for the company heading into 2026.

Source: Forecast International
Associated URL: https://flightplan.forecastinternational.com/2026/03/04/dassault-aviation-reports-e7-42-billion-in-2025-revenue-as-aircraft-deliveries-rise/

ALMATY - Air Astana Group has placed a firm order for 25 Airbus A320neo Family aircraft, marking the largest single aircraft order in the airline’s history.

The agreement consists of five A320neo and 20 A321neo aircraft and builds on a long-standing relationship between the Kazakh carrier and Airbus that began with the delivery of its first A320 twenty years ago. The announcement coincides with that milestone anniversary, showing how central the A320 platform has been to the airline’s growth strategy.

The newly ordered aircraft will support both Air Astana’s full-service operations and the continued expansion of FlyArystan, its low-cost subsidiary. The group plans to use the additional capacity to expand its route network, strengthen regional connectivity, and modernize its fleet with more fuel-efficient aircraft. The A320neo Family is equipped with new-generation engines and aerodynamic enhancements designed to lower fuel consumption and emissions while also reducing operating costs. These efficiency gains are expected to play an important role in improving the airline’s long-term competitiveness and sustainability profile.

Source: Airbus
Associated URL: https://www.airbus.com/en/newsroom/press-releases/2026-03-air-astana-finalises-order-for-25-airbus-a320neo-family-aircraft