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EMBRAER

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Embraer ERJ 145 of British Airways
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EMBRAER R-99A AEW&C platform
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Embraer, the Empresa Brasileira de Aeronaútica S.A. Template:Nyse (Bovespa: EMB3 / EMB4) is a Brazilian company, founded on August 19th, 1969, by the Brazilian government. It is the one of the largest aircraft manufacturers in the world, producing commercial, military, and corporate airplanes. It was Brazil's largest exporter from 1999 to 2001 and is one of the three main exporters in Brazil.

The company is headquartered in São José dos Campos, São Paulo. It has maintenance sites in the US and Brazil, sales sites in the USA, France, Portugal, Singapore and China as well as as manufacturing sites in Brazil. Embraer has a subsidiary called Indústria Aeronáutica Neiva in Botucatu, São Paulo, which manufactures light and crop duster airplanes, and two joint ventures: ELEB, in São José dos Campos, São Paulo, which manufactures landing gears and hydraulic systems, and Harbin Embraer, in Harbin, China, which produces ERJ 145 family airplanes for the local market.

Embraer was privatized on December 7th, 1994, and has since been controlled by three Brazilian investment groups (Previl and Sistel pension funds and Bozano Co.), with 20% of the voting capital each. Another 20% was acquired in 1999 as part of a strategic partnership to develop advanced militar aircraft by a French consortium: EADS, Dassault-Breguet and SNECMA with 5.7% each one, and Thales Group with 2.9%. The remainder is publicly traded.

As of March 31th, 2005, Embraer has a total workforce of 16,409 people, including the employees of recently-acquired OGMA in Portugal, and its firm order backlog totalled US$ 9.9 billion.

On May 3rd, 2005, the company announced its plans to introduce two new aircraft models in the business aviation market. The yet-unnamed aircraft will expand Embraer´s portfolio, complementing the super mid-size Legacy in the Very Light and Light segments.


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