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Company Watch - Embraer

Airguide Online,  Dec 18, 2006  

Dec 18, 2006

Embraer announced that it will equip its commercial E-Jets and two business jet models with CMC Electronics' PilotView EFB. "Many of the features found only in Class 3 EFBs, such as FMS-style line-select keys, a high-resolution, fully dimmable display, integrated communication capabilities and DO-160D qualification, make the Class 2 PilotView EFB an ideal system," CMC President and CEO Jean-Pierre Mortreux said. Dec 18, 2006

Embraer Puts 2007 Investment At USD$500 Mln. Brazil's Embraer, the world's fourth-biggest manufacturer of commercial aircraft, expects to invest USD$500 million next year, its chief executive, Mauricio Botelho, said on Thursday. Botelho told a press luncheon Embraer had invested USD$2.6 billion since its privatization in 1994 and expected the company to invest a similar amount of money in the next five years. He did not say where the money would come from and whether Embraer would borrow funds in the market. Botelho also said the company would hire between 3,000 and 4,000 people next year. Embraer has a work force of some 19,000, most of them in Brazil. Dec 15, 2006

Embraer said last month it expects to deliver up to 165 planes in 2007, up slightly from a previous forecast of 160. The company also predicted it would deliver between 195 and 205 jets in 2008, including up to 20 of the new Phenom 100s, a small, luxury business jet Embraer is developing. Embraer finished the third quarter with a firm order backlog of USD$13.3 billion. Dec 15, 2006

Copa Airlines took delivery of its sixth Embraer E-190, which will seat 94 passengers in a two-class configuration. Dec 11, 2006

Editor: Aram Gesar, eMail: edit@AirGuideOnline.com

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Dec 11, 2006

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