Hangar with Embraer jets at the company headquarters, in São José dos Campos.
|Traded as||B3: EMBR3 |
|Founded||August 19, 1969|
|Paulo Cesar Silva (President & CEO)|
Mauro Kern (Vice president)
Jackson Schneider (Vice president)
José Filippo (Vice president)
|Products||Business, commercial, and military aircraft. Aircraft parts. Mission systems for air and ground operation|
|Brands||EMB, ERJ, Legacy, Lineage,|
|R$2.74 billion (2017)|
Number of employees
|19,116 (September 1, 2014)|
|Divisions||Embraer Defense & Security|
Embraer Commercial Aviation
Embraer Executive Jets
|Subsidiaries||Neiva, OGMA, Atech, Bradar, SAVIS|
Embraer S.A. (Portuguese pronunciation: [mba]) is a Brazilian aerospace conglomerate that produces commercial, military, executive and agricultural aircraft and provides aeronautical services. It is headquartered in São José dos Campos, São Paulo. The company is the third largest producer of civil aircraft, after Boeing and Airbus.
Embraer and Boeing announced on 26 February 2019, the creation of a joint venture called Boeing Brasil Commercial, for the purpose of marketing the E-Jet and E-Jet E2 series of narrow-body short-to medium-range twin-engine jet airliners. Boeing will own 80% of the new company, while Embraer will own 20%. The merger comprises only the commercial division of the Brazilian company.
Seeking to develop a domestic aircraft industry, the Brazilian government made several investments in the industry during the 1940s and 1950s. However, it was not until 1969 that Empresa Brasileira de Aeronáutica (Embraer) was created as a government-owned corporation. Its first president, Ozires Silva, was a government appointee, and the company initially produced a turboprop passenger aircraft, the Embraer EMB 110 Bandeirante.
The Brazilian Government contributed to Embraer's early growth by providing production contracts. The company sold solely to the domestic market until 1975.
While military aircraft made up the majority of Embraer's products during the 1970s, including the Embraer AT-26 Xavante and the Embraer EMB 312 Tucano, by 1985, it had debuted a regional airliner, the Embraer EMB 120 Brasilia. Aimed at the export market, this plane was the first of Embraer's highly successful small airliners.
In 1974, the company started to produce Piper Aircraft light planes under license. Piper first put together knock-down kits in their US factory for Embraer to assemble and market in Brazil and Latin America. By 1978, most of the parts and components were being sourced locally. Between 1974 and 2000, nearly 2,500 license-built Pipers were produced by Embraer.
Aerotec was a design and manufacturing company founded in Brazil in 1962 under the auspices of the Brazilian General Command for Aerospace Technology (CTA) in Sao Jose dos Campos. Beginning in the late 1960s, the firm manufactured a two-seat trainer for the Brazilian Air Force, and the Aerotec Uirapuru. A small number were also built for the civilian market, and others were exported to other Latin American countries.
By 1980, Aerotec's main business was producing components for Embraer. However, around this time, the Air Force became interested in an upgraded version of the now-venerable Uirapuru. A prototype was built (designated Uirapuru II); but, by the time it flew, the Air Force no longer required it. A small number were built for export. In 1987, the firm was sold to Embraer.
Born from a Brazilian government plan, and having been state-run from the beginning, Embraer began a privatization process during the government of Itamar Franco. This was a period of privatization for many state-controlled companies in Brazil. Embraer was sold on December 7, 1994, which helped it avoid a looming bankruptcy. The company continued to win government contracts.
In 2000, Embraer made simultaneous initial public offerings on the NYSE and BM&F Bovespa stock exchanges. In 2008 its NYSE-traded shares were American depositary receipts representing 4 BM&F Bovespa shares and ownership was : Bozano Group 11.10%, Previ 16.40%, Sistel 7.40%, Dassault Aviation 2.1%, EADS 2.1%, Thales 2.1%, Safran 1.1%, Government of Brazil 0.3%, the remainder being publicly traded.
As of December 31, 2014 the shareholders with more than 5% of the Company's Capital were:
In the mid-1990s, the company pursued a product line more focused on small commercial planes over the military aircraft that had previously made up the majority of its manufacturing. It soon expanded to the production of larger regional airliners, with 70110 seats, and smaller business jets. Today, the company manufactures for both defense and commerce. By May 2019, Embraer considered developing a new turboprop regional airliner, but has not yet closed the business case. It was still considering it in November, a 50-70 seat family of two complementing the E-Jets E2 as their development is ending, freeing engineering resources.
At the 2000 Farnborough Airshow, Embraer launched the Legacy 600, a business jet variant of the ERJ. In 2002, a dedicated business unit was organised as Embraer Executive Jets as the Legacy was introduced. In 2005, the Phenom 100 was then conceptualised as an air taxi like the Eclipse 500, competing with Cessna and Hawker Beechcraft. It was introduced in 2008 and is the basis of the larger Phenom 300. The midsize Legacy 450 and Legacy 500 were jointly developed as clean sheet designs, while the Lineage 1000 is a VIP version of the E190. In 2016, Embraer delivered its 1,000th executive jet and has a market share of 17% by volume, acknowledging it lacks an ultra-long-range large cabin jet. In October 2018 Embraer announced two new business jets - the Praetor 500 in the midsize cabin category - and the Praetor 600 in the super midsize category.
On April 19, 2007, Embraer announced it was considering the production of a twin-jet military transport. Work began in May 2009 with funding from the Brazilian Air Force. Correios, the Brazilian postal service, has shown interest in buying this aircraft. Using much of the technology developed for the Embraer 190, the C-390 would carry up to 23 tons of cargo and aims to replace Cold War-era cargo aircraft.
While firm orders for the yet-to-be-produced KC-390 transport had not yet been made in the fall of 2010, Argentina asked for six examples and several other South American nations also expressed interest.
Brazil and Canada engaged in an international, adjudicated trade dispute over government subsidies to domestic plane-makers in the late 1990s and early 2000s. The World Trade Organization determined that both countries had provided illegal subsidies to what were supposed to be privately owned industries. Brazil ran an illegal subsidy program, Proex, benefiting its national aviation industry from at least 19992000, and Canada illegally subsidized its indigenous regional airliner industry, comprising Bombardier Aerospace.
On July 5, 2018, a joint venture with Boeing was announced that would see Boeing owning 80% of Embraer's commercial aviation division. This is seen as a reaction after Airbus acquired a majority of the competing Bombardier CSeries on October 16, 2017. Embraer will retain its executive business jet and its defence business.
On May 23, 2019, Boeing announced that the division would be known as Boeing Brasil – Commercial, dropping the Embraer name, but has not yet decided whether the aircraft will be rebranded as Boeing models.
On November 18, 2019, Boeing (49%) and Embraer (51%) announced a joint venture to promote and develop new markets for the C-390 Millennium tactical transport aircraft, called Boeing Embraer Defense, to operate after the regulatory approvals and closing conditions.
The company's headquarters and a production base are in São José dos Campos, São Paulo, Brazil. It also has production bases in the State of São Paulo at Botucatu, Eugênio de Melo (a district of São José dos Campos) and Gavião Peixoto. The company has offices in Beijing, Fort Lauderdale, Florida (U.S.), Amsterdam, Singapore, and Washington, D.C. (U.S.).
The numbers include military versions of commercial aircraft.
Total delivered-backlog-options as of June 30, 2007: 862-53-131 145 Family, 256-399-719 170/190 Family
|As of 24 April 2019[update]|
Embraer Aircraft Holding, Inc. 276 SW 34th Street Fort Lauderdale, FL 33315 USA  Embraer Aircraft Holding, Inc. 1700 Pennsylvania Ave. NW Suite 200 USA Washington, DC 20008
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