Brazil\'s Embraer meets jet delivery targets for 2013

Brazil's top aircraft maker Embraer said Wednesday said it met its aircraft delivery targets for 2013 following strong sales in the fourth quarter. A company statement said a total of 209 aircraft were delivered, including 90 commercial jets and 119 light and large executive jets. The company had set delivery targets of between 90 and 95 commercial aircraft, 80 and to 90 light executive jets and 25 to 30 larger executive jets. Embraer, based in Sao Jose dos Campos near Sao Paulo, said its order backlog stood at $18.2 billion the end of 2013. The strong performance in the fourth quarter included a huge order for 60 E175 jets from American Airlines in a contract valued at $2.5 billion. Embraer last month said the deal includes an option for American Airlines to buy another 90 E175s, which could bring the total order to 150 aircraft. Embraer is the world's third largest commercial aircraft manufacturer behind Boeing and Airbus