Download - Embraer at a glance
EMBRAER ATA GLANCE
August 03rd, 2010
Evolution
• After World War ll - strategic national aircraft manufacturing project
• The creation of CTA and ITA• Embraer established in 1969
Origin and Development Privatization (1994)
• The integration of two cultures
Technological & Industrial
Entrepreneurial+
SUCCESSFUL BUSINESS
Aerospace Industry Fundamentals
3
Customer SatisfactionBase of our entrepreneurial action
HighTechnology
QualifiedPeople
FlexibilityCashIntensiveness
Global Presence
High Technology
Virtual Reality CenterIn operation since Feb 2000
Output: CATIA model for rib
Knowledge Based EngineeringAutomation of routine project activities
4
ErgonomicsAnalysis
Intelligent interface for structural
analysis and project
Output: wing model for structural analysis
High Technology
• Digital “Mock-up” – EMBRAER 170 • Structural Tension Simulations
5
• Digital “Mock-up” – EMBRAER 170 • Structural Tension Simulations
• Fluid Dynamics • Composite Materials
1678116853
6087
15192
4319 3849 4494
67378302
1033411048
12227 1278914493
17503
21843 21550
Qualified People
Number of Employees
6
4319 3849
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 jun
BRAZIL 15,832
USA 614 CHINA 48
FRANCE 235 SINGAPORE 52
April / 97 was the lowest level of employment – 3,200 peopleDec / 94 Embraer was privatized
(Not including JVs' employees in China (HEAI) - from 2003 on - and in Portugal (OGMA) - from 2005 on. These two sites have at the present time 237 and 1.505 employees, respectively)
Qualified People
Educational Levels*
High School
65 %
7
06/14/2010
Graduate
29%
Postgraduate
4%
Ph.D.
2%
* Brazilian Units
Minimum educational level – High School
Embraer Units - Brazil
Eugênio de Melo Unit - EGM
São José dos Campos - SPSão José dos Campos - SP
Faria Lima Unit - FL
BrazilSão José dos CamposEugênio de MeloGavião PeixotoBotucatuTaubaté
8
São José dos Campos - SPSão José dos Campos - SP
Taubaté Unit – Distribution Center
Taubaté - SPSão José dos Campos - SP
ELEB
Botucatu Unit - BOT Gavião Peixoto Unit - GPX
Embraer Units - Brazil
BrazilSão José dos CamposEugênio de MeloGavião PeixotoBotucatuTaubaté
9
Botucatu - SP Gavião Peixoto - SP
Embraer Units - Abroad
EUA
Embraer Aircraft Maintenance Services
Nashville, TN - USA
Embraer Aircraft Holding
Fort Lauderdale, FL - USA
10
EUAFort LauderdaleNashvilleMelbourneMesa
Melbourne, FL - USA
Embraer Executive Jet Service Center
Mesa, Arizona - USA
Embraer Executive Aircraft
Embraer Units - Abroad
Embraer Aviation Europe
Villepinte - France
Embraer Le Bourget Service Center
Le Bourget - France
FranceVillepinteLe Bourget
11
Villepinte - France
SingaporeSingapore
Embraer Asia Pacific
Singapore
Embraer Units - Abroad
ChinaBeijingHarbin
Embraer Harbin
Harbin - China
Embraer China
Beijing - China
12
PortugalAlverca
Harbin - China
OGMA
Alverca - Portugal
Embraer
Évora - Portugal
Business Areas
Commercial Aviation Market Defense Systems
13
Commercial Aviation Market Defense Systems
Executive Aviation Market
CommercialAircraft
ERJ 145 Family
37 Seats(1,750 nm range)
44 Seats(1,650 nm range)
15
50 Seats(2,000 nm range)
50 Seats(1,550 nm range)
(1,650 nm range)
Flight hours: 17,000,000
Approximate number of carried passengers: 515,000,000
Number of countries in operation: 26
ERJ 145 Family Order Book
Firm Orders
Options Total DeliveriesFirm
Backlog
16
(July 2010)
OrdersOptions Total Deliveries Backlog
ERJ 135 108 - 108 108 -
ERJ 140 74 - 74 74 -
ERJ 145 708 - 708 703 5
Total 890 - 890 885 5
EMBRAER 170/190 Family
78 to 88 Seats – 2,000 nm RangeCertification – 4th Q/2004
70 to 80 Seats – 2,100 nm RangeCertification – 1st Q/2004
17
108 to 122 Seats – 2,200 nm RangeCertification – 2nd Q/2006
98 to 114 Seats – 2,400 nm RangeCertification – 3rd Q/2005
Certification – 4th Q/2004
Flight hours: 4,400,000
Approximate number of carried passengers: 205,000,000
Number of countries in operation: 39
EMBRAER 170/190 Family Order Book
18
Firm Orders Options Total DeliveriesFirm
Backlog
EMBRAER 170 191 50 241 179 12
EMBRAER 175 137 179 316 129 8
EMBRAER 190 457 373 830 290 167
EMBRAER 195 94 70 164 54 40
Total 879 672 1551 652 232
(as per July 2010)
Defense Systems
A-29 Super Tucano
• High-performance evolution of the proven EMB 312 Tucano
• State-of-the-art systems and advanced avionics
• Optimized for basic/advanced training and operational applications in hostile
20
and operational applications in hostile environments
• Operation from unprepared runways, day or night
AMX/A-1M
• Advanced and fighter lead-in training aircraft
21
• Baseline avionics architecture commonality with the Super Tucano
ISR Systems – Special Mission Aircraft
ISRIntelligence – Surveillance –
Reconnaissance
22
EMB 145 Multi Intel Airborne Ground Surveillance and
Strategic Intelligence
EMB 145 MP Maritime Patrol
EMB 145 AEW&CAirborne Early Warning & Control
EMBRAER KC-390
• New-generation military airlift and tanker aircraft
• More than 20 metric ton maximum payload
• Maximum range in excess of 3,300 nautical miles (about 6,200 km)
23
• Able to transport troops, vehicles and all kinds of cargo and to airdrop paratroops and cargo, including LAPES (low altitude parachute extraction system)
• Capable of operating from short and semi-prepared runways
• State-of-the-art avionics and full night vision goggles (NVG) compatibility
6,200 km)
• Optimized full fly-by-wire flight controls system
Executive Aviation Market
Phenom 100
25
* LRC speed. NBAA IFR (35 min) Reserves + 100 nm alternate; 4 occupants @ 200 lb (91 kg)
Phenom 100
Number of seats 6 – 8 (Occupants)
Range* 1,178 nm 2,182 km
Maximum Cruise Speed 390 ktas 722 km/h
MMO Mach 0.70
Maximum Operational Altitude 41,000 ft 12,500 m
Phenom 100
26
Phenom 300
Phenom 300
27
* NBAA IFR (35 min) Reserves + 100 nm alternate; 6 occupants @ 200 lb (91 kg)
Phenom 300
Number of seats 8 – 10 (occupants)
Range* 1,971 nm 3,650 km
Maximum Cruise Speed 453 ktas 839 km/h
MMO Mach 0.78
Maximum Operational Altitude 45,000 ft 13,700 m
Phenom 300
28
Legacy 450
Legacy 450
All preliminary data
29
Legacy 450
Number of occupants 7 – 9 passengers + 2 crew
Range* 2,300nm 4,260km
Maximum Cruise Speed 470ktas 870 km/h
MMO Mach 0.83
Maximum Operational Altitude 45,000ft 13,700m
* Range @ M 0.80, 2 pilots + 4 pax (200lb), NBAA IFR res.
Legacy 450
Preliminary concepts
30
Legacy 500
Legacy 500
All preliminary data
31
Legacy 500
Number of occupants 8 – 12 passengers + 2 crew
Range* 3,000nm 5,560km
Maximum Cruise Speed 470ktas 870 km/h
MMO Mach 0.83
Maximum Operational Altitude 45,000ft 13,700m
* Range @ LRC, 2 pilots + 4 pax (200lb), NBAA IFR res, 200nm alt airport
Legacy 500
Preliminary concepts
32
Legacy 600
33
* NBAA Reserves (4 pax, MTOW, LRC, ISA)
Legacy 600
Number of seats 13 – 14 passengers + 3 crew
Range* 3,400 nm 6,297 km
Maximum Cruise Speed 455 ktas 843 km/h
MMO Mach 0.80
Maximum Operational Altitude 41,000 ft 12,500 m
Legacy 600
34
Legacy 650
35
* NBAA Reserves (4 pax, MTOW, LRC, ISA)
Legacy 650
Number of seats 13 – 14 passengers + 3 crew
Range* 3,900 nm 7,223 km
Maximum Cruise Speed 459 ktas 850 km/h
MMO Mach 0.80
Maximum Operational Altitude 41,000 ft 12,500 m
Legacy 650
36
Lineage 1000
Lineage 1000
37
Lineage 1000
Number of seats 13 – 19 passengers + 3 crew
Range* 4,400 nm 8,149 km
Maximum Cruise Speed 470 ktas 870 km/h
MMO Mach 0.82
Maximum Operational Altitude 41,000 ft 12,500 m
* NBAA IFR (35 min) Reserves + 200 nm alternate; 3 crew plus 8 passengers @ 200 lb; M 0.78
Lineage 1000 – Lounge
38
Embraer Environmental InitiativesInitiatives
Achievements in Environmental Initiatives
ISO 14001 since 2002 � First in the Industry
40
Ipanema: First certified and serialized 100% biofuel powered aircraft
Gavião Peixoto facility reforestation project:• 600,000 trees• 350 hectare area
Design & Aerodynamics Structures
Environmentally Friendly Research Programs
41
Powerplants
Biofuels
Systems
Economic-Financial Performance
Capital Structure
BOVESPA
52,8%
THORNBURG
INVESTM ENT
FRANKLIN
RESOURCES
IN
6,6%
BLACKROK
5,9%
BOVESPA
OUTROS
27,5%
BNDESPAR
Common (Voting) Shares: 723,665,044 (100%)
43
NYSE
47,2%
52,8%
August 03rd, 2010
NYSE
OUTROS
16,5%
OPPENHEIM
ER FUND'S
6,4%
6,3% BNDESPAR
5,5%
PREVI
13,9%
GRUPO
BOZANO
6,1%
* União Federal inclui uma ação ordinária de classe especial (Golden Share)
160 161148 141
169
204
244
Evolution of Aircraft Deliveries
2nd Semester 2010: 110 aircraft delivered
44
32
96
131
101
148 141130
110
4
60
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2S10
Actual
Net Revenue (U.S. GAAP)
US$ million
Actual
5,466
6,335
5,245
3,8073,830
3,441
45
764
1,354
3,441
2,144
2,526
2,9272,762
1,837
1,354
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2Q10
Revenue per Segment
Aviation Services
and Others
12%
Revenue per Segment (2Q2010)
Revenue by Region (2009)
Others
6%
Asia Pacific
21%
Europe
32%
46
Commercial
Aviation
53%
Defense
Systems
19%
Executive
Aviation
12%
21%
Brazil
11%North America
23%
Latin America
7%
321 328
380
446
390,1
489
388,7
Net Income (U.S. GAAP)
US$ million
Actual
47
3
145
235
321 328
223
136
249
70
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2Q10
Investments
213
234239
197
144
US$ million
48
51
7389
103
45
93
113
144
2004 2005 2006 2007 2008 2009
Property, Plant and Equipment Research & Development
15,2
16,6
20,9
18,8
14,8
11,4
Backlog
US$ billion
2nd Quarter 2010 – US$ 15,2 billion in firm orders
49
10,410,19
10,711,4
6,4
4,13
1,20,6
10,6
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2Q10
Firm Orders
US$ million
Exports
4,053
3,2693,267
2,007
3,348
2,396
2,8972,702
5,733
4,737
2,580
3,766
2,957
2,2131,7371,843 1,992
1,9671,780
50
Embraer accounted for 1,99% of Brazilian exports through May 2010.
(*)Source: Foreign Trade Department Secretary.
16462,007
1,692
1,173916
1,737
881
1,8431,377
1,1781,220 1,302
1,992
830
1,4741,9671,780
1,0561,529
1,356
705
1,1751,0541,325
514292
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2Q10
Exports Imports Trade Balance
• Salaries: R$ 1,217 million
• Variable Income: R$ 89 million*
• Benefits: R$ 214 million
Benefits
Employee Benefits
Life Insurance
51
*not counting the employees of its subsidiaries OGMA and HEAI.
Data base reference 2009* Data base reference 2008
Life Insurance
1,8%
Dental and
Health
Assistance
50,5%
Retirement
11,3%
Others
7,3%
Transportation
15,4%
Meals
13,7%
Thank you!
52
This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect Embraer’s businesses. Those
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estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect Embraer’s businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where Embraer does business; expectations on industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are supposed to identify potentialities. Embraer does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Embraer expectations. Embraer reserves the right to revise this document whenever occasioned by product improvements, governmental regulations or other good cause. All figures, finishing materials and colors are for illustration purpose only, and may not represent the real and final product accurately. Some features are optional items not included in the baseline aircraft and are subject to price increase and lead-time analysis. All data presented shall not be used as guarantee. Guaranteed specifications are listed in section 4 of the preliminary technical description and represent the only binding guarantee.