second annual analysts & investors meeting - 2000 & 2001 in review
TRANSCRIPT
Second Annual Investors & Analyst
Meeting
Maurício Novís BotelhoPresident & CEO
Second Annual Investors & Analyst
Meeting
Maurício Novís BotelhoPresident & CEO
2000 in Review2000 in Review
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Global Offering (IPO) at NYSE with the launch of the
ADSs Level III with US$ 18.50 launch price
July 2000
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Singapore Sales Office is inaugurated
December 2000
EmbraerEmbraer SingaporeSingapore
Q Representative officeQ Markets aircraft and provides after-sales supportQ Inaugurated in December 2000
Singapore
EmbraerEmbraer ChinaChina
Q Representative office located in Beijing, ChinaQ Markets aircraft and provides after-sales supportQ Inaugurated in May 2000
Beijing, China
Le Bourget - FrançaDallas - EUA
Weybridge,Reino Unido
Embraer – Global PresenceEmbraer – Global Presence
Fort Lauderdale-EUA
São José dos Campos
Gavião PeixotoBotucatu Eugênio de Melo
West Palm Beach -EUA
Melbourne- Austrália
Cingapura
Beijing - China
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American Eagle confirms Six Options for the ERJ 140
January 2001
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First Flight of the AEW&C
for the Sivam Program
January 2001
EMB 145 AEW&CEMB 145 AEW&C
Q The AEW&C (Airborne Early Warning & Control) is equipped with a
state-of-the-art command, contro l & communicat ion system
Q Five aircraft wil l be del ivered for the SIVAM program and wil l operate
in the Amazon Region
Q A derivative of this version has been contracted by the Hellenic Air
Force (Greece)
EMB 145 RS/AGSEMB 145 RS/AGS
Q The EMB 145 RS/AGS was designed to carry out ground survei l lance
and environmental protection activit ies in Brazi l ’s Amazon region
Q It features an advanced Synthetic Aperture Radar (SAR), capable of
providing day/night and al l -weather imagery of the ground over large areas, plus other sophist icated sensors
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Mexico s igns a contract for one EMB 145
AEW&C and two EMB 145 MP.
February 2001
EMB 145 MP/ASWEMB 145 MP/ASW
Q The EMB 145 MP/ASW, for marit ime patrol and anti-submarine warfare missions, is the latest addit ion to the highly successful family of
survei l lance and intel l igence gathering aircraft based on the ERJ 145
regional jet
Q It features a marit ime and ground survei l lance radar plus other
sophist icated sensors.
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As part of the Brazilian Air Force
modernization program, the first two
units of the F5 aircraft of the Brazilian
Air Force arrived in SJC
February 2001
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400th ERJ 145 serial number
delivered to Crossair
February 2001
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Legacy First Flight
March 2001
LegacyLegacy
Q Corporate Jet based on the ERJ 135
Q First del ivery scheduled for January 2002
Q 174 units sold (73 f i rm orders and 97 opt ions -
January)
Q Executive
Q Corporate Shuttle
Q Transport for Authorities
Versions
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WTO Canada requested a panel agaist
Brazil to verify the Complience of PROEX
with WTO rules
2001 in Review2001 in Review
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One ERJ 145 opt ion
converted by Brit ish
Midland
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April 2001
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Legacy: the f i r s t f i rm order
rece ived f rom a Braz i l ian
Cus t ome r
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ERJ 135: One f irm order +
one option by Occitania
2001 in Review2001 in Review
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Secondary Of fer ing for US$ 750 MM ADSs pr i ced a t US$ 38 .90
US$ 300 MM BNDES Exchangeb le fo r ERJs ADSs
June 2001
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AEROChain launched during the 44th Paris
Air Show in a partneship with ATR, ORACLE & KPMG Consulting
June 2001
eMarketplaceeMarketplace
Q Mission
Q Connect the av ia t ion indust ry through the internet .
Q Enable supply cha in co l laborat ion and
e lec t ron ic t rade between Embrae r , manufacturers , supp l iers , and
customers .
Q Offer cus tomers conven ient access to a wide range of va lue added log is t i ca l
and technica l serv ices, inc lud ing f leet
management , ma in tenance p lann ing , parts and a i rcraf t serv ice track ing,
t ra in ing, warranty management , and
spare parts forecast ing.
Q Object ives
Q Trans form the way to do bus iness
and communicate wi th in the av ia t ion
industry.
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44th Par is A i r Show
with several
announcements
June 2001
• Chautaqua Airl ines confirmed 28 options for the ERJ 145 to ERJ 140 and orderaed more 25 options
• Transtates Airlines placed a new order for 10 ERJ 140 and an additional 25 options
• Brazil’s TAM airlines signed a Memo of understanding for thepurchase of up to 100 Embraer 170/190 jet family
• Embraer announced orders of 7 new Legacy business jet
44th Paris Air Show44th Paris Air Show
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Engineering Special ization
Program: 195 students
June 2001
Q To evaluate the aircraft aerodynamic characterist ics Embraer uses the
aerodynamic tunnel of CTA - Centro Técnico Aeroespacial
Q Technological cooperation with Russia’s TsAGI in aeroelasticity and
aerodynamic tests.
Aerodynamic TunnelAerodynamic Tunnel
Q Began activit ies in February/2000
Q Provides for visualizing the aircraft
structure and systems during the
project phase, using electronic models
Q Reduces the development cycle
Q Customers:
Q Can fol low development
Q Can check internal configuration
Q Can define certain characterist ics
Virtual Reality CenterVirtual Reality Center
Q The fl ight simulator is operated by Fl ight Safety International to train pilots
Q Today, 8 simulators are avai lable in different parts of the world
Flight SimulatorFlight Simulator
Q Composite material parts are prepared for cure under control led condit ions of temperature and pressure in a special oven cal led
“autoclave”
Q Embraer ’s world-class expertise in this f ield dates back to the 70's
Composite MaterialsComposite Materials
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5th ERJ 145 de l ivered to
S i chuan f rom Ch ina
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July 2001
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ERJ 140 first delivery
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PROEX cons ide red i n comp l i ence
w i th the WTO ru les
Q Regional jet with 44 seats
Q 98% commonal i ty wi th ERJ 135 & ERJ 145
Q The f irst del ivery took place in July 2001
Q 166 units sold
ERJ 140ERJ 140
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Midwest Express signed a
contract for 40 ERJ 140s
( 20 firms + 20 options)
August 2001
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Brazi l ian Air Force s igned a contract
for 99 Super Tucano (ALX) - 76 f i rms
and 23 opt ions
August 2001
SuperSuper TucanoTucano (ALX)(ALX)
Q High-performance der ivat ive
of the proven EMB 312 Tucano
Q State-of-the-art systems, with glass cockpit and advanced
avionics
Q Optimized for advanced training and operat ional
appl icat ions in host i le environments
Q 726 units sold, operating in 15 Air Forces
(Tucano and Super Tucano models)
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10 Super Tucano ordered from
Dominican Republic
August 2001
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Revis ion of the de l iver ies forecast for
2001 f rom 200 to 185 and fo r the
year 2002 f rom 220 to 205 a i r c ra f t
August 2001
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Sep tember 11 th US
Terror is t Attacks
September 2001
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Announcements
New de l ivery forecast :
2001 : f r om 185 to 160
2002 : f r om 205 to 135
layo f f o f 14% Embraer ' s l abor
fo r ce
New Delivery ForecastNew Delivery Forecast
4
3 2
6 0
9 6
160
135
161
0
2 0
4 0
6 0
8 0
100
120
140
160
180
1996 1997 1998 1999 2000 2001 2002E
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WTO Dispute: Canadian EDC (Export
Development Corporation) support to
certain 1996 Bombardier's deals were
considered illegal
2001 in Review2001 in Review
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Gavião Peixoto
runway concluded
EmbraerEmbraer GaviãoGavião PeixotoPeixoto
Q Located in Gavião Peixoto, Brazil
Q Manufacturing faci l ity that wil l host the final assembly activit ies
of the company´s corporate and defense aircraft, as wel l as a
runway for f l ight tests
Q Site area: 4.12 mill ion sq.ft.
Q Number of employees: 18
Q Start-up of operat ions in October 2001
BRAZILBolivia
A r g e n t i n a
P e r u
C o l o m b i a
Uruguay
Pac
ific
Oce
an
S ã o P a u l o
V e n e z u e l a
Ch
ile
P a r a g u a y
Atla
ntic
Oce
an
BRAZILBolivia
A r g e n t i n a
P e r u
C o l o m b i a
Uruguay
Pac
ific
Oce
an
S ã o P a u l o
V e n e z u e l a
Ch
ile
P a r a g u a y
Atla
ntic
Oce
an
Gavião Peixoto
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EMBRAER 170 Ro l l Ou t
The Jet Family Embraer 170/175/190/195
The Jet Family Embraer 170/175/190/195
Q Commercial jets with 70 and 78 seats
Q 212 units sold (82 f irm orders and 130 options)
Q EMBRAER 170 f irst f l ight was February 2002
Q First del iver ies: EMBRAER 170 Dec 2002
Q EMBRAER 175 Jun 2004
EMBRAER 170 / EMBRAER 175EMBRAER 170 / EMBRAER 175
Q Pressurized commercial jets with a capacity for 98 passengers
(EMBRAER 190) or 108 passengers (EMBRAER 195)
Q 102 units sold (30 f irm orders and 72 options)
Q First del iver ies: EMBRAER 190 Dec. 2005
EMBRAER 195 Dec. 2004
EMBRAER 190 / EMBRAER 195EMBRAER 190 / EMBRAER 195
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Wexford confirmed 8 ERJ
140 options
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Indigo ordered 25 F i rms +
50 Option of Legacy
Shutt le version
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Embraer the la rgest
Braz i l ian Export Company
for the 3rd Year
(US$ Million)
Trade Balance Contribution
( * ) F o n t e : D e c e x
193 264
634
1.173
1.692
2.702
2.897
1 4 72 2 0
4 6 9
8 8 1
1 . 1 7 8
1 . 3 5 2
1 . 8 4 3
-
5 0 0
1 . 0 0 0
1 . 5 0 0
2 . 0 0 0
2 . 5 0 0
3 . 0 0 0
9 5 9 6 9 7 9 8 99 (*) 00 ( * ) 01 (* )
US
$ M
ilh
õe
s
E x p o r t a ç ã o I m p o r t a ç ã o
2002 2002
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Begin ing of the Due Di l igence of an MRO
(Maintenance Repa i r and Overha l l ) Fac i l i ty in
Nashv i l l e -Tenesse
2002 2002
February 19, 2002
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EMBRAER 170 First Fl ight