Aircraft Orders & Deliveries
Embraer Q2 2026 Revenue Rises 23% to US$2.2 Billion
Embraer reports its strongest Q2 deliveries in 16 years, raises 2026 guidance with free cash flow target doubled to $400M.

Embraer S.A. reported its strongest second-quarter delivery performance in 16 years, driving a 23 percent year-over-year revenue increase to US$2.2 billion and prompting the Brazilian aerospace manufacturer to raise its full-year financial guidance.
In a press release issued on August 10, 2026, Embraer (NYSE: EMBJ / B3: EMBJ3) confirmed a seventh consecutive record-high firm order backlog of US$34.5 billion. The results signal robust demand across the commercial, executive, defense, and services portfolios during the April to June 2026 period.
Financial performance and revised guidance
Embraer posted an adjusted net income of US$218.6 million for Q2 2026, up from US$158 million in the same period in 2025. Adjusted EBIT reached US$296.9 million, representing a 13.3 percent margin. Adjusted free cash flow, excluding Eve Air Mobility, totaled US$401 million for the quarter. Financial news outlet Grafa reported the exact Q2 2026 revenue figure as US$2.235 billion, which the official Embraer release rounded to US$2.2 billion.
The strong quarterly performance led Embraer to revise its 2026 financial targets upward. The company increased its adjusted EBIT margin guidance to a range of 10.0 percent to 10.6 percent, up from the previous estimate of 8.7 percent to 9.3 percent. Adjusted free cash flow guidance, excluding Eve Air Mobility, was doubled from US$200 million to US$400 million or higher. The revised outlook was partially supported by a US$68 million extraordinary tax credit and a US$38 million benefit from U.S. tariff exemptions.
Aircraft deliveries and segment growth
The manufacturer delivered 65 aircraft in Q2 2026, a 7 percent increase over Q2 2025. This brought the total for the first half of 2026 to 109 aircraft, representing an approximate 20 percent increase from the 91 aircraft delivered in the first half of 2025.
Commercial Aviation revenue grew 8 percent year-over-year to US$625 million. The Services and Support division saw a 24 percent revenue increase, reaching US$565 million. The defense sector also secured new business, highlighted by Colombia acquiring the Embraer KC-390 Millennium on August 4, 2026, to modernize its airlift and aerial refueling capabilities.
Eve Air Mobility and future developments
The company noted progress in its advanced air mobility division. On August 3, 2026, Eve Air Mobility achieved its first transition flight milestone, advancing its electric vertical takeoff and landing (eVTOL) program toward wing-borne flight.
AirPro News analysis
We view Embraer’s upward revision of its 2026 guidance as a strong indicator of the manufacturer’s ability to navigate ongoing global supply chain constraints better than its larger competitors. The 24 percent growth in the Services and Support segment is particularly notable, providing a high-margin, predictable revenue stream that insulates the company from the cyclical nature of commercial aircraft deliveries. The expanding international footprint of the KC-390 Millennium program demonstrates Embraer’s growing competitiveness in the tactical airlift market, positioning the company to capture market share as global air forces look to replace aging transport fleets.
Sources: Embraer
Photo Credit: Embraer
Aircraft Orders & Deliveries
Sun PhuQuoc Airways Takes Delivery of First Airbus A330-200
Sun PhuQuoc Airways received its first A330-200 in September 2026, ten months after launch, with 8 A330s planned by April 2027.

Sun PhuQuoc Airways took delivery of its first wide-body aircraft, an Airbus A330-200, at Phu Quoc International Airport (PQC) on September 22, 2026, marking a rapid expansion into twin-aisle operations just ten months after the carrier commenced commercial flights.
The arrival of the aircraft, registered as VN-A969, brings the airline’s total fleet to 21 aircraft. According to a press release issued by parent company Sun Group on September 23, 2026, the delivery initiates a broader strategy to establish Phu Quoc as a global aviation hub ahead of the Asia-Pacific Economic Cooperation (APEC) summit in 2027.
Fleet expansion and aircraft specifications
The newly delivered Airbus A330-200 (msn 1415) is 13.4 years old and was previously operated by US Airways and American Airlines before being retired in 2020, according to fleet data from ch-aviation. The aircraft is configured to accommodate 247 passengers, featuring 20 Business class seats, 21 Premium Economy seats, and 206 Economy class seats.
Sun PhuQuoc Airways plans to induct a total of eight Airbus A330 aircraft between September 2026 and April 2027. The carrier projects its A330 fleet will grow to 15 airframes by 2030. This wide-body growth follows the September 21, 2026, delivery of the airline’s 20th aircraft, an Airbus A321LR. The operator is targeting a total fleet size of 33 aircraft by the end of 2026 and holds commitments for up to 40 Boeing 787-9 Dreamliners, including 20 firm orders, to support future long-haul routes.
Scheduled passenger operations for the A330-200 are slated to begin on October 25, 2026. AeroRoutes reports the aircraft will initially be deployed on the domestic route between Hanoi and Phu Quoc for the Northern winter 2026/27 season.
Maintenance agreements and infrastructure investment
To support the introduction of the twin-aisle fleet, Sun PhuQuoc Airways secured a six-year Power-by-the-Hour (PBH) agreement with AJW Group. The contract, detailed by Aviation Week on September 23, 2026, extends an existing component support arrangement that covers the airline’s Airbus A320 family aircraft.
“Supporting the introduction of a new widebody fleet requires careful planning, reliable logistics, and strong technical expertise, and we are proud to bring all three to this programme,” said Scott Symington, Chief Commercial Officer at AJW Group.
Pham Dang Thanh, Deputy Chief Executive of Sun PhuQuoc Airways, noted that securing a technical partner was critical to ensuring reliable component support and providing the confidence needed to expand the airline’s international network.
Concurrently, Sun Group is investing 500 billion VND to upgrade Terminal 1 at Phu Quoc International Airport. The infrastructure project aims to increase the terminal’s annual capacity to 9 million passengers, supporting the airline’s hub-and-spoke operational model.
AirPro News analysis
The pace of Sun PhuQuoc Airways’ expansion is highly unusual for a startup carrier. Transitioning to wide-body operations less than a year after launching commercial flights introduces significant operational and regulatory complexity. We view the aggressive fleet acquisition strategy, particularly the rapid induction of eight Airbus A330s by April 2027, as a high-stakes maneuver heavily dependent on the successful execution of Sun Group’s broader tourism and infrastructure investments in Phu Quoc.
Relying on mid-life, previous-generation wide-body aircraft like the 13.4-year-old A330-200 allows the airline to minimize initial capital expenditure compared to acquiring new airframes. However, this strategy places a premium on maintenance reliability, making the comprehensive PBH agreement with AJW Group a necessary safeguard against operational disruptions as the carrier scales its network.
Sources: Sun Group
Photo Credit: Sun Group
Aircraft Orders & Deliveries
Biman Bangladesh Airlines Orders 11 More Boeing Jets in 2026
Biman Bangladesh Airlines adds 5 Boeing 787-10s and 6 737-8s, bringing its 2026 Boeing order total to 25 aircraft.

Biman Bangladesh Airlines has finalized a supplemental order for 11 Boeing aircraft, adding five Boeing 787-10 Dreamliners and six Boeing 737-8s to its fleet modernization program.
Announced in a press release on September 23, 2026, the agreement was signed on the sidelines of the United Nations General Assembly in New York. The acquisition marks the Bangladeshi flag carrier’s second Boeing purchase of the year, bringing its 2026 order book to 25 aircraft following an initial 14-jet commitment in April.
Strategic fleet expansion and modernization
Biman currently operates a mix of Boeing 787, Boeing 777, and Boeing 737 Next-Generation aircraft across its international network. The new 737-8s will modernize the airline’s single-aisle operations, while the 787-10s provide additional widebody capacity for high-demand international routes connecting Bangladesh with the Middle East, Europe, and Asia.
According to the manufacturer, the 787 and 737 MAX families deliver a 20 to 25 percent fuel efficiency improvement compared to the older airplanes they will replace.
“This agreement is one part of a broader, carefully considered plan to strengthen the country’s international connectivity in the years ahead,” said Rumee A. Hossain, Chairman of Biman Bangladesh Airlines. “Our team’s working relationship with Boeing over the years has given us confidence in the delivery and support arrangements.”
Bilateral commercial significance
The signing ceremony in New York highlighted the diplomatic and economic ties between the United States and Bangladesh. High-level government officials from both nations attended the event to witness the finalization of the order.
Attendees representing the two nations included:
- M. Rashiduzzaman Millat, Bangladesh Minister of Civil Aviation and Tourism
- Humaiun Kobir, Bangladesh State Minister of Foreign Affairs
- Howard Lutnick, United States Secretary of Commerce
- Christopher Landau, United States Deputy Secretary of State
AirPro News analysis
We view this supplemental order as a strong indicator of Biman Bangladesh Airlines’ commitment to a Boeing-centric fleet strategy. By standardizing on the 737-8 for narrowbody routes and the 787-10 for long-haul expansion, the carrier is positioning itself to capture growing expatriate and tourism traffic while streamlining maintenance and crew training. The high-profile diplomatic presence at the signing underscores how international aircraft procurement remains deeply intertwined with bilateral trade relations. The exact delivery schedule and financing terms remain undisclosed, which is standard practice for supplemental agreements of this nature.
Sources: The Boeing Company
Photo Credit: The Boeing Company
Aircraft Orders & Deliveries
Turkish Airlines Orders Up to 150 Boeing 737 MAX Aircraft
Turkish Airlines finalizes 100 firm 737 MAX orders plus 50 options, with deliveries from 2033 to 2037 under its Vision 2033 plan.

Turkish Airlines has finalized an agreement with The Boeing Company to purchase up to 150 737 MAX aircraft, securing narrowbody capacity for the carrier’s long-term expansion strategy and concluding a year of complex supplier negotiations.
The deal, announced in a Boeing press release on September 23, 2026, includes 100 firm orders for the Boeing 737-8 variant and 50 options. The agreement provides Turkish Airlines with substitution rights for the larger Boeing 737-10 model. Deliveries are scheduled to take place between 2033 and 2037.
Strategic Fleet Expansion and Vision 2033
The narrowbody order is a central component of the flag carrier’s “Vision 2033” plan. Coinciding with the airline’s 100th anniversary, the strategy targets a total fleet size of 800 aircraft by 2033. Turkish Airlines currently operates a mixed fleet of 567 passenger and cargo aircraft.
This 737 MAX agreement builds upon a 2025 order for 75 Boeing 787 Dreamliners. The two deals combined represent a massive recapitalization of the airline’s short, medium, and long-haul networks.
“This agreement marks another significant step in the continued expansion of our fleet. The new Boeing 737 MAX aircraft will bring greater efficiency and flexibility to our operations, supporting the extensive network we serve from our hub in Istanbul,” said Prof Murat Åžeker, Chairman of the Board and Executive Committee at Turkish Airlines.
Resolving Engine Disputes and Industrial Agreements
The finalization of the 737 MAX order concludes negotiations that began in September 2025. While the widebody portion of the 225-aircraft package was settled last year, the narrowbody segment faced a year-long delay. The hold-up stemmed from a dispute between Turkish Airlines and CFM International, the joint venture between GE Aerospace and Safran that serves as the exclusive engine supplier for the 737 MAX family.
The airline and the engine manufacturer clashed over pricing and long-term maintenance terms for the CFM LEAP-1B engines. During the impasse, Turkish Airlines indicated it might pivot the narrowbody order to Airbus. The finalized Boeing contract confirms that an acceptable resolution was reached with CFM International, though specific financial and maintenance terms remain undisclosed.
Industrial Participation Framework
Executives from both companies formalized the agreement in New York on the sidelines of the 81st United Nations General Assembly. Alongside the aircraft purchase, the deal includes an industrial participation framework designed to develop technical capabilities and create business opportunities within Türkiye’s aviation sector.
“This order reflects the trust and shared vision that have defined our long-standing partnership with Turkish Airlines. We’re proud to continue our support of Türkiye’s aviation ecosystem and Turkish Airlines as it grows its Istanbul-based network,” said Stephanie Pope, President and CEO of Boeing Commercial Airplanes.
AirPro News analysis
We view this finalized order as a critical retention victory for Boeing. Turkish Airlines is one of the few global carriers with the scale to credibly threaten a wholesale shift to a competitor over supplier disputes. By keeping the airline in the 737 MAX ecosystem, Boeing secures a vital backlog anchor for the next decade. For Turkish Airlines, locking in 150 delivery slots between 2033 and 2037 provides necessary predictability in an era of chronic aerospace supply chain constraints. The inclusion of substitution rights for the 737-10 also gives the carrier flexibility to upgauge capacity if slot constraints at key European hubs worsen by the time deliveries begin.
Sources: Boeing
Photo Credit: Boeing
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