- The document provides financial results and performance metrics for Embraer's first quarter of 2009, including lower jet deliveries, revenue, income from operations, and net income compared to previous quarters
- Key events in Q1 2009 included FAA certification of the Lineage 1000 jet and several military aircraft sales
- Embraer's backlog remained strong at $19.7 billion despite lower orders, with a continued focus on the E-Jet family which saw over 500 deliveries to date
2. Forward Looking Statement
This presentation includes forward-looking statements or statements about events or circumstances which
have not occurred. We have based these forward-looking statements largely on our current expectations
and projections about future events and financial trends affecting our business and our future financial
performance. These forward-looking statements are subject to risks, uncertainties and assumptions,
including, among other things: general economic, political and business conditions, both in Brazil and in our
market. The words “believes,” “may,” “will,” “estimates,” “continues,” “anticipates,” “intends,” “expects” and
similar words are intended to identify forward-looking statements. We undertake no obligations to update
publicly or revise any forward-looking statements because of new information, future events or other
factors. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in
this presentation might not occur. Our actual results could differ substantially from those anticipated in our
forward-looking statements.
3. Summary
• Embraer Lineage 1000 jet received FAA Certification
• Embraer sold an ERJ 135 jet to the Government of Thailand
• Embraer sold eight Super Tucano aircraft to the Dominican Republic
• ECC Leasing sold the second ERJ 145 jet to Brazil’s Federal Police
• Embraer confirmed the sale of 24 Super Tucano airplanes to Equador
• In the beginning of 2Q09, Embraer signed a contract with the Brazilian
Government for the development of the military transport jet KC-390 and
for the modernization of 12 jets for the Brazilian Navy, which totaled
US$1.44 billion
13. Indebtedness
Total Debt: US$ 1,560 Million
Loans Average Maturity: 3 years and 3 months
4Q08 1Q09
Short Short
Term Term
29% 27%
Long Long
Term Term
71% 73%
• Average Cost in Brazilian Currency (R$): 8.06% p/a
• Average Cost in Foreign Currency (US$): Libor + 3.08% p/a