Brazilian aerospace manufacturer Embraer announced that its backlog of unfulfilled orders reached a record high of $32.1 billion as of the end of the first quarter of 2026. The company forecasts that its annual revenue will exceed $10 billion by 2030 or sooner.
Furthermore, including options and purchase rights, the total order volume amounts to $52 billion. Embraer demonstrated record performance across all its business segments. By the end of 2025, commercial aviation orders totaled approximately $14.5 billion, covering about five years of production. Business aviation accounted for $7.6 billion, the defense sector for $4.4 billion, and services and support for $5.1 billion.
In 2026, the company plans to deliver 255 aircraft, including 80–85 commercial airplanes and 160–170 business jets. EBIT margin is projected to be between 8.7% and 9.3%, with free cash flow exceeding $200 million. Since 2022, Embraer has increased its revenue by approximately $1 billion annually, recovering from a revenue drop to $3.8 billion during the 2020 crisis. This growth is partly attributed to the program to reduce production cycles; for example, the assembly time for the KC-390 Millennium military transport aircraft was reduced from 17 months in 2021 to 8.5 months.
Arjan Meyer, head of Embraer's commercial aviation division, called 2025 one of the most successful years for this segment. During this period, the company delivered 78 aircraft, generated $7.4 billion in revenue, and captured 76% of its market share competing with the Airbus A220. The E2 family secured over 500 firm orders, with the program attracting 397 orders, options, and purchase rights since 2024. Currently, there are 24 customers in the E2 fleet, and 202 aircraft have been delivered, accumulating over 1.25 million flight hours since entering service in 2018. Meyer noted that the dispatch reliability of the E2 fleet is 99.5%, which is best-in-class. Additionally, operational issues related to Pratt & Whitney GTF engines have been largely resolved; if 22% of the E2 fleet was grounded in March 2025, only one or two aircraft remained grounded by June 2026.
New E2 customers include Virgin Australia, Japan's ANA, Scandinavian airline SAS, South Africa's Airlink, and leasing company Azorra, which placed an additional order for 15 aircraft in June. In March 2026, Finnair signed a contract for up to 46 E195-E2 aircraft (including 18 firm orders, 16 options, and 12 purchase rights), with deliveries scheduled for the second half of 2027. US airline Avelo Airlines became the first E2 customer in the United States, ordering 50 aircraft with an option to purchase another 50. Embraer is completing certification of its Embraer Enhanced Take-off System (E2TS), designed to improve the takeoff performance, payload, and range of E2 aircraft; the system is expected to reach the market in 2027. The company is also promoting a program to convert E190 passenger aircraft into cargo planes, with the first converted aircraft in Brazil already beginning operations.
Embraer has identified India as a strategic market, signing a memorandum of understanding that allows for the establishment of assembly operations in the country for the domestic market, where it sees great potential for regional aviation. The company operates four business divisions: commercial aviation, business aviation, defense and security, and services and support. Its subsidiary Eve is developing an electric vertical take-off and landing (eVTOL) air taxi, with serial production planned for 2028–2029, and potential annual revenue of $1 to $1.5 billion after achieving full-scale production. The company employs over 23,000 people. Since its founding in 1969, Embraer has delivered over 9,000 aircraft to more than 2,000 customers, including over 60 countries and armed forces. Over the last 25 years, the company has certified 20 new aircraft types. Its engineering staff includes over 4,000 specialists, 1,400 of whom hold academic degrees, and the company owns more than 900 patents. Manufacturing facilities are located in Brazil, the United States (Melbourne and Jacksonville, Florida), and Portugal. The company's global commercial aviation center is in Amsterdam, with offices in Dubai, India, Singapore, and China.
Angola forecasts a record Value Added Tax (VAT) refund amounting to 285 million kwanzas for the current year. The chairman of the AGT board declared this forecast during his participation in the Conversations without Masks, an event held in Luanda and organized by journalist Carlos Rosado de Carvalho.
In the period between January and June, the AGT made refunds to companies totaling 191 billion kwanzas, equivalent to 181 million euros. This amount is lower than that recorded in 2025, which was considered the best year to date, with total refunds of 200 billion kwanzas (190 million euros), according to data presented by the official.
Since VAT came into effect in Angola in October 2019, the total amount refunded has reached 717.4 billion kwanzas, corresponding to 681 million euros, according to the same reports.
José Leiria explained that the improvement in refunds is due to the refinement of verification mechanisms and the increase in tax compliance by companies. The expected acceleration for this year is attributed to the implementation of electronic invoicing, which allows taxpayers to validate their suppliers' invoices directly on the Taxpayer Portal immediately after submission, eliminating the wait for the invoicing software file to be sent.
Leiria also warned that all taxpayers will be obliged to issue electronic invoices starting from January 1, 2027, emphasizing that this deadline will not be postponed. After this date, the submission of the SAF-T file will cease, and the AGT will exclusively accept electronic invoices, granting taxpayers a six-month period to adjust their procedures.
Currently, electronic invoicing has 58,530 adopters, comprising 633 large taxpayers and 58,091 other taxpayers, distributed across 21,335 companies and 37,195 individuals. Up to June, the AGT processed 63.4 million electronic invoices, totaling an electronically invoiced turnover of 69.31 billion kwanzas (65.8 billion euros).
Additionally, José Leiria informed that VAT represented 25% of the total revenue collected in 2025. The next most important taxes were Industrial Tax, Income Tax (IRT), and Capital Application Tax. Customs duties contributed 7%, and Special Consumption Tax contributed 5%, while other taxes accounted for 13%.
