Strategic Outlook• Global economy continues to grow at a modest pace.• Airline global traffic growing along with profitability expectations for the industry.• U.S. scope clauses relaxation for 76 seat jets opening new business opportunities for the E175.• Order activity in Commercial Aviation has potential to exceed 2012 levels.• E-Jets continuous development strategy assuring maintenance of leadership position in the 60 to 120 seat market. Engine and avionics selection already completed for second generation E-Jets.
Strategic Outlook• Executive Aviation market recovery in slow motion.• First Legacy 650 assembled in China’s facility delivery in 2013.• Market share growth with the Legacy 450 & 500 introduction and customer support infrastructure expansion.• Recognized executive aviation customer support solutions: AIN and Pro-Pilot surveys.
Strategic Outlook• Establish Embraer as a major player in the Brazilian Defense & Security market.• Growing activity in KC-390 development.• Portfolio diversification through participation in Brazilian projects such as SISFRON and others.• On-going P3E efforts to maximize productivity and cost control.• Financial Discipline.
2013 Business Units Outlook Deliveries: 90 to 95 E-jets Net Revenues US$ 3.20 – 3.35 Billion US$ 3.20 – 3.35 Billion Deliveries: 80 to 90 light jets 25 to 30 large jets Net Revenues US$ 1.40 – 1.60 Billion US$ 1.40 – 1.60 Billion Net Revenues US$ 1.25 – 1.35 Billion US$ 1.25 – 1.35 Billion Other Revenues US$ 50 – 100 Million US$ 50 – 100 Million
2013 Investment Outlook Research US$ 100 Million US$ 100 Million Development US$ 300 Million US$ 300 Million CAPEX US$ 180 Million US$ 180 Million TOTAL INVESTMENTS: US$ 580 Million TOTAL INVESTMENTS: US$ 580 Million
SummaryShort Term Outlook•Resilient organic growth.•Continuous focus on diversification, efficiency and customersatisfaction.•Financial solidness and discipline.Mid to Long Term Outlook•Sustainable revenue growth and improved product mix (EISLegacy 500 & 450, KC-390 and E-Jets 2nd generation).•Increased operating leverage and efficiency.