Second Annual
Investors & Analyst
     Meeting
 Maurício Novís Botelho
     President & CEO
2000 in Review
                                                July 2000
 20,00

                           Global Offerin...
2000 in Review
                                          December 2000
 45,00

 40,00


 35,00

 30,00


 25,00

 20,00
  ...
Embraer Singapore                                       Singapore




Q   Representative office
Q   Markets aircraft and p...
Embraer China                                            Beijing, China




 Q   Representative office located in Beijing,...
Embraer – Global Presence

                            West Palm Beach -EUA
                                              ...
2001 in Review
                                            January 2001
 45,00

 40,00


 35,00


 30,00


 25,00

 20,00
...
2001 in Review
                                                           January 2 0 0 1
 45,00




 40,00




 35,00



...
EMB 145 AEW&C




Q The AEW&C (Airborne Early Warning & Control)                              is equipped with a
   state-...
EMB 145 RS/AGS




Q The EMB 145 RS/AGS was designed to carry out ground surveillance
  and environmental protection activ...
2001 in Review
                                          February 2001
 45,00


 40,00


 35,00


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 25,00
        ...
EMB 145 MP/ASW




Q The EMB 145 MP/ASW, for maritime patrol and anti-submarine warfare
   missions, is the latest additio...
2001 in Review
                                                      February 2001
 45,00




 40,00




 35,00




 30,00...
2001 in Review
                                                         February 2001
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...
2001 in Review
                                              M a r c h 2001
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Legacy

                                       Versions

                                       Q Executive

             ...
2001 in Review
                                                           M a r c h 2001

  45,00




  40,00




  35,00
...
2001 in Review
                                               April 2 0 0 1
 45,00



 40,00



 35,00


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 25,00
...
2001 in Review
                                              April 2 0 0 1
  50,00


  45,00


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  30,00...
2001 in Review
                                                  M a y 2001

 50,00


 45,00


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...
2001 in Review
                                                June 2001
 50,00


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 25,...
2001 in Review
                                               June 2001
 50,00


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 25,0...
eMarketplace
               Q Mission
               Q   Transform the way to do business
                   and communica...
2001 in Review
                                              June 2001
  50,00


  45,00


  40,00


  35,00


  30,00


 ...
44th Paris Air Show


• Chautaqua Airlines confirmed 28 options for the ERJ 145 to ERJ
  140 and orderaed more 25 options
...
2001 in Review
                                                 June 2001
 50,00


 45,00


 40,00


 35,00


 30,00


 25...
Aerodynamic Tunnel




Q To evaluate the aircraft aerodynamic characteristics E m b r a e r uses the
   a e r o d y n a m ...
Virtual Reality Center
                 Q Began activities in February/2000


                 Q Provides for visualizing ...
Flight Simulator




Q The flight simulator is operated by Flight Safety International to train pilots


Q Today, 8 simula...
Composite Materials




 Q Composite material parts are prepared for cure under controlled
    conditions of temperature a...
2001 in Review
                                                June 2001
 50,00


 45,00


 40,00


 35,00


 30,00


 25,...
2001 in Review
                                                             July 2001
  50,00




  45,00




  40,00




...
2001 in Review
                                                 July 2001
 50,00


 45,00


 40,00


 35,00


 30,00


 25...
ERJ 140




Q Regional jet with 44 seats
Q 98% commonality with ERJ 135 & ERJ 145
Q The first delivery took place in July ...
2001 in Review
                                             August 2001
 50,00

                                          ...
2001 in Review
                                              August 2001
 50,00


 45,00


 40,00


 35,00


 30,00


 25,...
Super Tucano (ALX)




Q High- performance derivative
   of the proven EMB 312 Tucano

Q S t a t e-of-the -art systems, wi...
2001 in Review
                                                           August 2001
50,00



45,00



40,00



35,00



...
2001 in Review
                                                August 2001

50,00


45,00


40,00


35,00


30,00


25,00 ...
2001 in Review
                                         September 2 0 0 1
 50,00


 45,00


 40,00


 35,00


 30,00


 25...
2001 in Review
                                           September 2 0 0 1
 50,00

                                      ...
New Delivery Forecast


 180
                                   160    161
 160
                                          ...
2001 in Review
                                                     October 2 0 0 1
 50,00



 45,00



 40,00




 35,00
...
2001 in Review
                                             October 2 0 0 1
 50,00


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 ...
Embraer Gavião Peixoto                                                                      Gavião Peixoto



            ...
2001 in Review
                                             October 2 0 0 1

  50,00

                                    ...
The Jet Family
Embraer 170/175/190/195
EMBRAER 170 / EMBRAER 175




 Q Commercial jets   with 70 and 78 seats
 Q 212 units sold (82 firm orders and 130 options)...
EMBRAER 190 / EMBRAER 195




Q Pressurized commercial jets with a capacity for 98 passengers
   (EMBRAER 190) or 108 pass...
2001 in Review
                                                 December 2001
  50,00




  45,00




  40,00




  35,00
...
2001 in Review
                                         December 2001

  50,00


  45,00


  40,00


  35,00


  30,00


 ...
2001 in Review
                                          December 2001

 50,00
                                           ...
Trade Balance Contribution

                                                                (US$ Million)


              ...
2002
                                            January 2002

  50,00


  45,00


  40,00


  35,00


  30,00


  25,00

...
2002
                                          February 19, 2002
 50,00
                                                  ...
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Second Annual Analysts & Investors Meeting - 2000 & 2001 in Review

  1. 1. Second Annual Investors & Analyst Meeting Maurício Novís Botelho President & CEO
  2. 2. 2000 in Review July 2000 20,00 Global Offering (IPO) at NYSE with the launch of the ADSs Level III with US$ 15,00 18.50 launch price 10,00 5,00 0,00 20.07.0001.09.00 17.10.00 30.11.0012.01.01 28.02.01 11.04.0125.05.01 12.07.01 23.08.01 11.10.0123.11.01 10.01.02
  3. 3. 2000 in Review December 2000 45,00 40,00 35,00 30,00 25,00 20,00 Singapore Sales Office is 15,00 inaugurated 10,00 5,00 0,00 20.07.00 01.09.0017.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  4. 4. Embraer Singapore Singapore Q Representative office Q Markets aircraft and provides after-sales support Q Inaugurated in December 2000
  5. 5. Embraer China Beijing, China Q Representative office located in Beijing, China Q Markets aircraft and provides after-sales support Q Inaugurated in May 2000
  6. 6. Embraer – Global Presence West Palm Beach -EUA Le Bourget - França Dallas - EUA Weybridge, Reino Unido Fort Lauderdale-EUA Beijing - China Cingapura São José dos Campos Melbourne- Austrália Botucatu Gavião Peixoto Eugênio de Melo
  7. 7. 2001 in Review January 2001 45,00 40,00 35,00 30,00 25,00 20,00 15,00 American Eagle confirms Six Options for the ERJ 140 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  8. 8. 2001 in Review January 2 0 0 1 45,00 40,00 35,00 30,00 25,00 20,00 First Flight of the AEW&C 15,00 for the Sivam Program 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  9. 9. EMB 145 AEW&C Q The AEW&C (Airborne Early Warning & Control) is equipped with a state-of-the -a r t c o m m a n d , c o n t r o l & c o m m u n i c a t i o n s y s t e m Q Five aircraft will be delivered for the SIVAM program and will operate in the Amazon Region Q A derivative of this version has been contracted by the Hellenic Air Force (Greece)
  10. 10. EMB 145 RS/AGS Q The EMB 145 RS/AGS was designed to carry out ground surveillance and environmental protection activities in Brazil’s Amazon region Q It features an advanced Synthetic Aperture Radar (SAR), capable of providing day/night and all - weather imagery of the ground over large areas, plus other sophisticated sensors
  11. 11. 2001 in Review February 2001 45,00 40,00 35,00 30,00 25,00 Mexico signs a contract for one EMB 145 20,00 AEW&C and two EMB 145 MP. 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  12. 12. EMB 145 MP/ASW Q The EMB 145 MP/ASW, for maritime patrol and anti-submarine warfare missions, is the latest addition to the highly successful family of surveillance and intelligence gathering aircraft based on the ERJ 145 regional jet Q It features a maritime and ground surveillance radar plus other sophisticated sensors.
  13. 13. 2001 in Review February 2001 45,00 40,00 35,00 30,00 25,00 20,00 As part of the Brazilian Air Force 15,00 modernization program, the first two 10,00 units of the F5 aircraft of the Brazilian Air Force arrived in SJC 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  14. 14. 2001 in Review February 2001 45,00 40,00 35,00 30,00 25,00 20,00 400th ERJ 145 serial number 15,00 delivered to Crossair 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  15. 15. 2001 in Review M a r c h 2001 45,00 40,00 35,00 30,00 25,00 20,00 Legacy First Flight 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  16. 16. Legacy Versions Q Executive Q Corporate Shuttle Q Transport for Authorities Q Corporate Jet based on the ERJ 135 Q First delivery scheduled for January 2002 Q 174 units sold (73 firm orders and 97 options - January)
  17. 17. 2001 in Review M a r c h 2001 45,00 40,00 35,00 30,00 25,00 20,00 WTO Canada requested a panel agaist 15,00 Brazil to verify the Complience of PROEX with WTO rules 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  18. 18. 2001 in Review April 2 0 0 1 45,00 40,00 35,00 30,00 25,00 20,00 One ERJ 145 option 15,00 converted by British Midland 10,00 5,00 0,00 20.07.0001.09.00 17.10.00 30.11.00 12.01.01 28.02.0111.04.01 25.05.01 12.07.01 23.08.0111.10.01 23.11.01 10.01.02
  19. 19. 2001 in Review April 2 0 0 1 50,00 45,00 40,00 35,00 30,00 25,00 Legacy: the first firm order 20,00 received from a Brazilian Customer 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  20. 20. 2001 in Review M a y 2001 50,00 45,00 40,00 35,00 30,00 25,00 ERJ 135: One firm order + 20,00 one option by Occitania 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  21. 21. 2001 in Review June 2001 50,00 45,00 40,00 35,00 30,00 25,00 20,00 Secondary Offering for US$ 750 MM ADSs priced at US$ 38.90 15,00 US$ 300 MM BNDES Exchangeble for ERJs ADSs 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  22. 22. 2001 in Review June 2001 50,00 45,00 40,00 35,00 30,00 25,00 AEROChain launched during the 44th Paris 20,00 Air Show in a partneship with ATR, ORACLE & KPMG Consulting 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  23. 23. eMarketplace Q Mission Q Transform the way to do business and communicate within the aviation industry. Q Objectives Q Connect the aviation industry through the internet. Q Enable supply chain collaboration and electronic trade between Embraer, manufacturers, suppliers, and customers. Q Offer customers convenient access to a wide range of value added logistical and technical services, including fleet management, maintenance planning, parts and aircraft service tracking, training, warranty management, and spare parts forecasting.
  24. 24. 2001 in Review June 2001 50,00 45,00 40,00 35,00 30,00 25,00 44th Paris Air Show with several 20,00 announcements 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  25. 25. 44th Paris Air Show • Chautaqua Airlines 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 M e m o of understanding for the purchase of up to 100 Embraer 170/190 jet family • Embraer announced orders of 7 new Legacy business jet
  26. 26. 2001 in Review June 2001 50,00 45,00 40,00 35,00 30,00 25,00 Engineering Specialization 20,00 Program: 195 students 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  27. 27. Aerodynamic Tunnel Q To evaluate the aircraft aerodynamic characteristics E m b r a e r uses the a e r o d y n a m i c t u n n e l o f C T A - Centro Técnico Aeroespacial Q Technological cooperation with Russia’s T s A G I in aeroelasticity a n d aerodynamic tests.
  28. 28. Virtual Reality Center Q Began activities 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 follow development Q Can check internal configuration Q Can define certain characteristics
  29. 29. Flight Simulator Q The flight simulator is operated by Flight Safety International to train pilots Q Today, 8 simulators are available in different parts of the world
  30. 30. Composite Materials Q Composite material parts are prepared for cure under controlled conditions of temperature and pressure in a special oven called “autoclave” Q E m b r a e r ’ s world-class expertise in this field dates back to the 70's
  31. 31. 2001 in Review June 2001 50,00 45,00 40,00 35,00 30,00 25,00 20,00 5th ERJ 145 delivered to Sichuan from China 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  32. 32. 2001 in Review July 2001 50,00 45,00 40,00 35,00 30,00 25,00 20,00 ERJ 140 first delivery 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  33. 33. 2001 in Review July 2001 50,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 PROEX considered in complience with the WTO rules 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  34. 34. ERJ 140 Q Regional jet with 44 seats Q 98% commonality with ERJ 135 & ERJ 145 Q The first delivery took place in July 2001 Q 166 units sold
  35. 35. 2001 in Review August 2001 50,00 Midwest Express signed a 45,00 contract for 40 ERJ 140s ( 20 firms + 20 options) 40,00 35,00 30,00 25,00 20,00 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.0030.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  36. 36. 2001 in Review August 2001 50,00 45,00 40,00 35,00 30,00 25,00 Brazilian Air Force signed a contract 20,00 for 99 Super Tucano (ALX) - 76 firms and 23 options 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  37. 37. Super Tucano (ALX) Q High- performance derivative of the proven EMB 312 Tucano Q S t a t e-of-the -art systems, with glass cockpit and advanced avionics Q Optimized for advanced training and operational applications in hostile environments Q 726 units sold, operating in 15 Air Forces (T u c a n o a n d S u p e r T u c a n o m o d e l s )
  38. 38. 2001 in Review August 2001 50,00 45,00 40,00 35,00 30,00 25,00 10 Super Tucano ordered from Dominican Republic 20,00 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  39. 39. 2001 in Review August 2001 50,00 45,00 40,00 35,00 30,00 25,00 Revision of the deliveries forecast for 2001 from 200 to 185 and for the 20,00 year 2002 from 220 to 205 aircraft 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  40. 40. 2001 in Review September 2 0 0 1 50,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 September 11th US Terrorist Attacks 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  41. 41. 2001 in Review September 2 0 0 1 50,00 Announcements 45,00 New delivery forecast: 40,00 2001: from 185 to 160 2002: from 205 to 135 35,00 layoff of 14% Embraer's labor force 30,00 25,00 20,00 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  42. 42. New Delivery Forecast 180 160 161 160 135 140 120 96 100 80 60 60 40 32 20 4 0 1996 1997 1998 1999 2000 2001 2002E
  43. 43. 2001 in Review October 2 0 0 1 50,00 45,00 40,00 35,00 30,00 25,00 20,00 WTO Dispute: Canadian EDC (Export 15,00 Development Corporation) support to certain 1996 Bombardier's deals were 10,00 considered illegal 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  44. 44. 2001 in Review October 2 0 0 1 50,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 Gavião Peixoto runway concluded 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  45. 45. Embraer Gavião Peixoto Gavião Peixoto V een eezzu eellaa V n u C o llo m b iiaa Co omb P eerru P u BRAZIL Bolivia Bolivia Pa ccific O cceeaann P aarraag u aay P gu y Atla n tic O cceeaann Ch ile Ch ile Pa ific O S ã o P a u llo São Pau o Atla ntic O A rrg een ttiin aa A g n n Uruguay Uruguay Q Located in G a v i ã o P e i x o t o, Brazil Q Manufacturing facility that will host the final assembly activities of the company´s corporate and defense aircraft, as well as a runway for flight tests Q Site area: 4.12 million sq.ft. Q Number of employees: 18 Q Start-up of operations in October 2001
  46. 46. 2001 in Review October 2 0 0 1 50,00 EMBRAER 170 Roll Out 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  47. 47. The Jet Family Embraer 170/175/190/195
  48. 48. EMBRAER 170 / EMBRAER 175 Q Commercial jets with 70 and 78 seats Q 212 units sold (82 firm orders and 130 options) Q EMBRAER 170 first flight was February 2002 Q First deliveries: EMBRAER 170 Dec 2002 Q EMBRAER 175 Jun 2004
  49. 49. EMBRAER 190 / EMBRAER 195 Q Pressurized commercial jets with a capacity for 98 passengers (EMBRAER 190) or 108 passengers (EMBRAER 195) Q 102 units sold (30 firm orders and 72 options) Q First deliveries: EMBRAER 190 Dec. 2005 EMBRAER 195 Dec. 2004
  50. 50. 2001 in Review December 2001 50,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,00 Wexford confirmed 8 ERJ 5,00 140 options 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  51. 51. 2001 in Review December 2001 50,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,00 Indigo ordered 25 Firms + 50 Option of Legacy 5,00 Shuttle version 0,00 20.07.0001.09.00 17.10.00 30.11.00 12.01.01 28.02.0111.04.01 25.05.01 12.07.01 23.08.0111.10.01 23.11.01 10.01.02
  52. 52. 2001 in Review December 2001 50,00 Embraer the largest 45,00 Brazilian Export Company for the 3rd Year 40,00 35,00 30,00 25,00 20,00 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  53. 53. Trade Balance Contribution (US$ Million) 3.000 2.897 2.702 2.500 2.000 1.843 US$ Milhões 1.692 1.500 1.352 1.173 1.178 1.000 881 634 469 500 264 220 193 147 - 95 96 97 98 99 (*) 00 (*) 01 (*) Exportação Importação (*) Fonte: Decex
  54. 54. 2002 January 2002 50,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,00 Begining of the Due Diligence of an MRO (Maintenance Repair and Overhall) Facility in 5,00 Nashville -Tenesse 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02
  55. 55. 2002 February 19, 2002 50,00 EMBRAER 170 First Flight 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02

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