The document discusses the commercial jet market and the ERJ145 family of regional jets. It notes that while fuel prices may provide some relief in 2009-2010, the industry is expected to see more consolidation, capacity cuts, fare increases, and a focus on efficiency. Over 1,000 ERJ145 aircraft have been delivered since its introduction. In the US domestic market in 2007, 29% of RJ50 flights occurred in markets with 5-25 annual flights, while 19% saw 26-50 flights. Profitability for the industry is not expected until 2010 or later.
Leslie Appleton Young, CAR Chief Economist, spoke at the Real Living Lifestyles New Year, New You Real Estate Symposium on January 31, 2012. She shared her economic forecast for the coming year, and all of the latest charts and stats on the California economy.
This document provides an overview of investment opportunities in South Africa and the Western Cape region. It outlines key statistics about South Africa's economy such as its population, literacy and unemployment rates, and inflation. It also discusses South Africa's competitiveness rankings globally and within Africa. The Western Cape region has consistently outperformed the national economy in GDP growth. The presentation concludes with a question and answer section.
The document provides an overview of Enel SpA's 2011 results and 2012-2016 strategic plan. Key points include:
1) Enel reported a 1.4% increase in EBITDA for 2011 to €17.7 billion, though net income declined 5.5% to €4.1 billion due to higher taxes.
2) The strategic plan outlines macroeconomic assumptions for mature and growth markets and focuses on priorities like efficiencies in mature markets and growth in emerging markets.
3) The plan expects challenges in 2012 from declining demand in Italy, Spain, and mature markets as well as overcapacity issues, while forecasting organic growth to boost profitability in Latin America.
The global economy is stabilizing after an unprecedented recession, helped by unprecedented policy support. However, the recession is not over and the recovery is expected to be sluggish. While growth is projected to be higher in 2010 than previously expected, the advanced economies are not expected to show sustained growth until the second half of 2010. Financial conditions have improved due to government intervention, but financial systems remain impaired and government support will gradually diminish.
World Economic Situation And Prospects 2009 2010icgfmconference
The document discusses the state of the global economy in 2009-2010. It finds that the world is experiencing the worst financial crisis since WWII, with a synchronized global recession, rising unemployment, and setbacks to progress on poverty reduction. There are downside risks of a prolonged recession. Key policy challenges include taking further decisive action to restore bank health, better coordinating fiscal stimulus, and urgently reforming the international financial system and frameworks for global economic governance.
Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery and job creation, the OECD said in its latest Interim Economic Assessment.
The document discusses the economic outlook for Asia in light of the global financial crisis. It finds that while emerging Asia led global growth to date, the region is now more exposed and correlated to economic conditions in the US and advanced economies. A downturn in the US is estimated to slow growth in emerging Asia by 0.25-0.5 percentage points. However, country exposures vary widely within Asia. The outlook notes downside risks remain significant given increased trade and financial linkages with the US.
Leslie Appleton Young, CAR Chief Economist, spoke at the Real Living Lifestyles New Year, New You Real Estate Symposium on January 31, 2012. She shared her economic forecast for the coming year, and all of the latest charts and stats on the California economy.
This document provides an overview of investment opportunities in South Africa and the Western Cape region. It outlines key statistics about South Africa's economy such as its population, literacy and unemployment rates, and inflation. It also discusses South Africa's competitiveness rankings globally and within Africa. The Western Cape region has consistently outperformed the national economy in GDP growth. The presentation concludes with a question and answer section.
The document provides an overview of Enel SpA's 2011 results and 2012-2016 strategic plan. Key points include:
1) Enel reported a 1.4% increase in EBITDA for 2011 to €17.7 billion, though net income declined 5.5% to €4.1 billion due to higher taxes.
2) The strategic plan outlines macroeconomic assumptions for mature and growth markets and focuses on priorities like efficiencies in mature markets and growth in emerging markets.
3) The plan expects challenges in 2012 from declining demand in Italy, Spain, and mature markets as well as overcapacity issues, while forecasting organic growth to boost profitability in Latin America.
The global economy is stabilizing after an unprecedented recession, helped by unprecedented policy support. However, the recession is not over and the recovery is expected to be sluggish. While growth is projected to be higher in 2010 than previously expected, the advanced economies are not expected to show sustained growth until the second half of 2010. Financial conditions have improved due to government intervention, but financial systems remain impaired and government support will gradually diminish.
World Economic Situation And Prospects 2009 2010icgfmconference
The document discusses the state of the global economy in 2009-2010. It finds that the world is experiencing the worst financial crisis since WWII, with a synchronized global recession, rising unemployment, and setbacks to progress on poverty reduction. There are downside risks of a prolonged recession. Key policy challenges include taking further decisive action to restore bank health, better coordinating fiscal stimulus, and urgently reforming the international financial system and frameworks for global economic governance.
Global economic activity is picking up, but the continuing crisis in the euro area is delaying a meaningful recovery and job creation, the OECD said in its latest Interim Economic Assessment.
The document discusses the economic outlook for Asia in light of the global financial crisis. It finds that while emerging Asia led global growth to date, the region is now more exposed and correlated to economic conditions in the US and advanced economies. A downturn in the US is estimated to slow growth in emerging Asia by 0.25-0.5 percentage points. However, country exposures vary widely within Asia. The outlook notes downside risks remain significant given increased trade and financial linkages with the US.
India's international trade and investmentMohit Malviya
India's international trade and foreign direct investment has grown substantially in recent years. Between 2002 and 2008, India's total merchandise trade increased from $95 billion to $391 billion, with exports growing at an average rate of 24.5% and imports growing 30.3% annually. Major trading partners for both exports and imports include the US, China, UAE, and Saudi Arabia. Trade has shifted towards developing Asian countries, with Asia's share of exports increasing from 39% to 52% during 2001-2008. Foreign direct investment inflows and outflows have also increased significantly.
Centex Corporation held a homebuilding symposium to discuss the current state of the housing industry and Centex's strategies. The housing market is experiencing a typical downturn with rising foreclosures, slowing economy, and precipitously falling housing starts. Centex is taking immediate actions like reducing land inventory and sales cancellations while conserving cash. Centex is also focusing on restoring profitability through cost reductions and standardized business processes. Centex will allocate capital strategically to markets with the greatest long-term potential and exit those without strong fundamentals to improve margins and returns.
The document summarizes Korea's economic performance and policies during the global financial crisis. It shows that Korea experienced a V-shaped recession and recovery, with GDP falling then rapidly rebounding. Exports declined sharply but have since recovered. The stock market dropped but has also bounced back, while inflation remains low and the currency stable. Going forward, Korea will focus on sustainable growth through strengthening domestic demand and the social safety net.
Развитие финансового сектора Казахстана в посткризисный периодАО "Самрук-Казына"
Презентация к докладу заместителя председателя Национального банка Казахстана Данияра Акишева на казахстанско-американском инвестиционном форуме в Нью-Йорке 7 декаьря 2011 года.
Asia-Pacific Regional Economic Outlook: Navigating an Uncertain Global Enviro...ggrey
Asia-Pacific Regional Economic Outlook: Navigating an Uncertain Global Environment by Mr. Naoyuki Shinohara, Deputy Managing Director, International Monetary Fund - IMF Forum held at the Asian Institute of Management
Alison Felix, PhD and Senior Economist at the Federal Reserve Bank of Kansas City shares trends and projections for recession and recovery in Missouri and the U.S.
Guyana has a population of 762,000 and an area of 214,969 square km. Its GDP has grown each year from 2000 to 2010, with GDP per capita reaching $2,831 in 2010. The country runs a current account deficit, which was -10% of GDP in 2008. Exports are primarily fish, rice, sugar, gold, and bauxite; imports include petroleum, manufactured goods, and machinery.
External risks continue to threaten the global economy but Korea’s economic growth will likely improve in the second half of 2011 and free trade agreements are poised to increase expansion substantially. Those were among the points made at the Korean Economic Forum, co-hosted by Samsung Economic Research Institute and the Korea JoongAng Daily at the Hotel Shilla on May 25. Among the many distinguished guests were ambassadors, CEOs and foreign correspondents.
Day 1- Session 1: What is the new 'normal' for mining?
Objective Capital Global Mining Investment Conference 2010
Stationers' Hall, City of London
28-29 September 2010
Speakers:
David Humphreys - DaiEcon
Richard Chase - Ambrian Partners
This document discusses reversing declining middle class jobs and incomes in the United States. It provides 12 figures analyzing job and income trends since the 1950s which show that (1) job growth was much weaker in the 2000s than previous decades, (2) median earnings have stagnated since 1981, and (3) the share of middle class incomes has declined since 1980. The figures also show that economic growth and job growth resumed in 2009 and have continued since.
The document provides economic and trade indicators for The Bahamas from 2000-2010. It shows that the Bahamas' GDP grew between 2000-2008 but declined in 2009, while inflation has remained between 1-4.5% annually. The country runs a large current account deficit, between -11.2% to -18.9% of GDP. The top export partner is the US, while the top imports are from the US and include mineral fuels, vehicles, and electrical equipment. The trade deficit in goods widened over 2004-2008 but the services trade balance was positive.
Belize has a population of 307,000 and an area of 22,965 square km. Its main economic indicators from 2000-2010 show GDP growth averaging around 4% annually, with GDP per capita around $4,000. Its current account balance is negative, averaging around -$0.1 billion or -7% of GDP. Inflation has averaged around 3% and unemployment around 10%. Exports are led by seafood, sugar, and fuel, mainly to the US, UK, and Central America. Imports are led by fuel, electronics, and vehicles, mainly from the US, Netherlands, and Central America. Services exports are led by travel, while transportation and travel dominate imports.
Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...The Paso del Norte Group
The document summarizes the economic outlook for the El Paso-Juarez border region. It finds that the El Paso economy is recovering faster than other border cities, with employment increasing 3.8% from its lowest point. Unemployment in El Paso has matched the national rate as the US recovery gains momentum, with manufacturing and non-manufacturing activity expanding. The Mexican economy is also recovering, with GDP growth of 5.5% last year. Trade between the US and Mexico continues to increase, especially in the automotive industry where Mexico has become a top source of US imports.
Barbados has a population of 256,000 people within its 430 square kilometer area. Its GDP grew between 2000-2010 except for a dip in 2009 during the global recession. Inflation ranged from -1.2% to 8.1% during this period. Barbados' top export partners are the United States, Trinidad and Tobago, and the United Kingdom, while its top imports come from the United States, Trinidad and Tobago, and the United Kingdom. Its main exports are pharmaceuticals, sugars, fuels, and beverages, while its top imports are fuels, vehicles, electronics, and pharmaceuticals.
The document provides economic indicators and trade statistics for the Dominican Republic from 2000 to 2010. It summarizes that the Dominican Republic has a population of 10 million and area of 48,072 square km. GDP grew steadily from 2000 to 2010, while inflation decreased from highs in the early 2000s. The current account balance was negative for most years. The United States was the top market for both Dominican exports and imports. Major exports included electrical equipment, plastics, and tobacco, while mineral fuels and plastics were among top imports. Travel was the leading service export and import.
Prospects and Challenges for the Global Economy and the MENA RegionIMF
The global economic outlook has weakened, with downside risks increasing. For the Middle East and North Africa (MENA) region, 2012 will be difficult for oil importing countries, with strains on macroeconomic stability. Reforms are needed across MENA to support inclusive growth and job creation going forward.
Israel has transitioned to a highly developed, technology-focused economy. It has rapidly developed technology and hi-tech industries, relying on a skilled workforce and entrepreneurial culture. Exports, especially of high-tech goods and services, have driven strong economic growth. Israel spends more on research and development as a percentage of GDP than any other OECD nation. Despite its small size, Israel consistently ranks highly on global competitiveness and innovation indices.
For more information contact: emailus@marcusevans.com
Christian Menegatti who is the MD & Head of Global Economic Research at Roubini Global Economics shared her presentation entitled "Bracing for Balance Sheet Repair Mode: Pinpointing Growth Drivers amidst a Global Deleveraging Landscape" at the marcus evans Elite Summit.
Join the November 2014 Summit along with leading European family offices and global asset managers in an intimate environment for a focused discussion of key new drivers shaping wealth management strategies today.
For more information contact: emailus@marcusevans.com
Think Canada! Why you should commercialize technology with Canadian partners.Michael Willmott
The document provides an overview of Canada's strong economic relationship with Minnesota and reasons for doing business with Canada. Some key points:
- Canada is a major trading partner for Minnesota, with over $21 billion in bilateral trade in 2008. Over 140,000 Minnesota jobs are supported by Canada-US trade.
- Canada has a relatively strong economy and superior employment growth compared to other G7 countries. It also has sound fiscal management and leading financial institutions.
- Canada offers a strong business environment for entrepreneurs with low business costs, favorable tax rates, and relatively few regulatory hurdles to starting a business.
- Canada has a highly educated workforce with many qualified engineers and provides generous incentives for research and
India's international trade and investmentMohit Malviya
India's international trade and foreign direct investment has grown substantially in recent years. Between 2002 and 2008, India's total merchandise trade increased from $95 billion to $391 billion, with exports growing at an average rate of 24.5% and imports growing 30.3% annually. Major trading partners for both exports and imports include the US, China, UAE, and Saudi Arabia. Trade has shifted towards developing Asian countries, with Asia's share of exports increasing from 39% to 52% during 2001-2008. Foreign direct investment inflows and outflows have also increased significantly.
Centex Corporation held a homebuilding symposium to discuss the current state of the housing industry and Centex's strategies. The housing market is experiencing a typical downturn with rising foreclosures, slowing economy, and precipitously falling housing starts. Centex is taking immediate actions like reducing land inventory and sales cancellations while conserving cash. Centex is also focusing on restoring profitability through cost reductions and standardized business processes. Centex will allocate capital strategically to markets with the greatest long-term potential and exit those without strong fundamentals to improve margins and returns.
The document summarizes Korea's economic performance and policies during the global financial crisis. It shows that Korea experienced a V-shaped recession and recovery, with GDP falling then rapidly rebounding. Exports declined sharply but have since recovered. The stock market dropped but has also bounced back, while inflation remains low and the currency stable. Going forward, Korea will focus on sustainable growth through strengthening domestic demand and the social safety net.
Развитие финансового сектора Казахстана в посткризисный периодАО "Самрук-Казына"
Презентация к докладу заместителя председателя Национального банка Казахстана Данияра Акишева на казахстанско-американском инвестиционном форуме в Нью-Йорке 7 декаьря 2011 года.
Asia-Pacific Regional Economic Outlook: Navigating an Uncertain Global Enviro...ggrey
Asia-Pacific Regional Economic Outlook: Navigating an Uncertain Global Environment by Mr. Naoyuki Shinohara, Deputy Managing Director, International Monetary Fund - IMF Forum held at the Asian Institute of Management
Alison Felix, PhD and Senior Economist at the Federal Reserve Bank of Kansas City shares trends and projections for recession and recovery in Missouri and the U.S.
Guyana has a population of 762,000 and an area of 214,969 square km. Its GDP has grown each year from 2000 to 2010, with GDP per capita reaching $2,831 in 2010. The country runs a current account deficit, which was -10% of GDP in 2008. Exports are primarily fish, rice, sugar, gold, and bauxite; imports include petroleum, manufactured goods, and machinery.
External risks continue to threaten the global economy but Korea’s economic growth will likely improve in the second half of 2011 and free trade agreements are poised to increase expansion substantially. Those were among the points made at the Korean Economic Forum, co-hosted by Samsung Economic Research Institute and the Korea JoongAng Daily at the Hotel Shilla on May 25. Among the many distinguished guests were ambassadors, CEOs and foreign correspondents.
Day 1- Session 1: What is the new 'normal' for mining?
Objective Capital Global Mining Investment Conference 2010
Stationers' Hall, City of London
28-29 September 2010
Speakers:
David Humphreys - DaiEcon
Richard Chase - Ambrian Partners
This document discusses reversing declining middle class jobs and incomes in the United States. It provides 12 figures analyzing job and income trends since the 1950s which show that (1) job growth was much weaker in the 2000s than previous decades, (2) median earnings have stagnated since 1981, and (3) the share of middle class incomes has declined since 1980. The figures also show that economic growth and job growth resumed in 2009 and have continued since.
The document provides economic and trade indicators for The Bahamas from 2000-2010. It shows that the Bahamas' GDP grew between 2000-2008 but declined in 2009, while inflation has remained between 1-4.5% annually. The country runs a large current account deficit, between -11.2% to -18.9% of GDP. The top export partner is the US, while the top imports are from the US and include mineral fuels, vehicles, and electrical equipment. The trade deficit in goods widened over 2004-2008 but the services trade balance was positive.
Belize has a population of 307,000 and an area of 22,965 square km. Its main economic indicators from 2000-2010 show GDP growth averaging around 4% annually, with GDP per capita around $4,000. Its current account balance is negative, averaging around -$0.1 billion or -7% of GDP. Inflation has averaged around 3% and unemployment around 10%. Exports are led by seafood, sugar, and fuel, mainly to the US, UK, and Central America. Imports are led by fuel, electronics, and vehicles, mainly from the US, Netherlands, and Central America. Services exports are led by travel, while transportation and travel dominate imports.
Roberto Coronado, Outlook for the El Paso-Juarez Region, Federal Reserve Bank...The Paso del Norte Group
The document summarizes the economic outlook for the El Paso-Juarez border region. It finds that the El Paso economy is recovering faster than other border cities, with employment increasing 3.8% from its lowest point. Unemployment in El Paso has matched the national rate as the US recovery gains momentum, with manufacturing and non-manufacturing activity expanding. The Mexican economy is also recovering, with GDP growth of 5.5% last year. Trade between the US and Mexico continues to increase, especially in the automotive industry where Mexico has become a top source of US imports.
Barbados has a population of 256,000 people within its 430 square kilometer area. Its GDP grew between 2000-2010 except for a dip in 2009 during the global recession. Inflation ranged from -1.2% to 8.1% during this period. Barbados' top export partners are the United States, Trinidad and Tobago, and the United Kingdom, while its top imports come from the United States, Trinidad and Tobago, and the United Kingdom. Its main exports are pharmaceuticals, sugars, fuels, and beverages, while its top imports are fuels, vehicles, electronics, and pharmaceuticals.
The document provides economic indicators and trade statistics for the Dominican Republic from 2000 to 2010. It summarizes that the Dominican Republic has a population of 10 million and area of 48,072 square km. GDP grew steadily from 2000 to 2010, while inflation decreased from highs in the early 2000s. The current account balance was negative for most years. The United States was the top market for both Dominican exports and imports. Major exports included electrical equipment, plastics, and tobacco, while mineral fuels and plastics were among top imports. Travel was the leading service export and import.
Prospects and Challenges for the Global Economy and the MENA RegionIMF
The global economic outlook has weakened, with downside risks increasing. For the Middle East and North Africa (MENA) region, 2012 will be difficult for oil importing countries, with strains on macroeconomic stability. Reforms are needed across MENA to support inclusive growth and job creation going forward.
Israel has transitioned to a highly developed, technology-focused economy. It has rapidly developed technology and hi-tech industries, relying on a skilled workforce and entrepreneurial culture. Exports, especially of high-tech goods and services, have driven strong economic growth. Israel spends more on research and development as a percentage of GDP than any other OECD nation. Despite its small size, Israel consistently ranks highly on global competitiveness and innovation indices.
For more information contact: emailus@marcusevans.com
Christian Menegatti who is the MD & Head of Global Economic Research at Roubini Global Economics shared her presentation entitled "Bracing for Balance Sheet Repair Mode: Pinpointing Growth Drivers amidst a Global Deleveraging Landscape" at the marcus evans Elite Summit.
Join the November 2014 Summit along with leading European family offices and global asset managers in an intimate environment for a focused discussion of key new drivers shaping wealth management strategies today.
For more information contact: emailus@marcusevans.com
Think Canada! Why you should commercialize technology with Canadian partners.Michael Willmott
The document provides an overview of Canada's strong economic relationship with Minnesota and reasons for doing business with Canada. Some key points:
- Canada is a major trading partner for Minnesota, with over $21 billion in bilateral trade in 2008. Over 140,000 Minnesota jobs are supported by Canada-US trade.
- Canada has a relatively strong economy and superior employment growth compared to other G7 countries. It also has sound fiscal management and leading financial institutions.
- Canada offers a strong business environment for entrepreneurs with low business costs, favorable tax rates, and relatively few regulatory hurdles to starting a business.
- Canada has a highly educated workforce with many qualified engineers and provides generous incentives for research and
This document is the presentation for Robert Best, Chairman and CEO of Lehman Brothers, at an energy and power conference on September 2, 2008. It provides an overview of Lehman Brothers, including that it is the largest pure gas distribution company operating in 12 states, and its nonregulated operations primarily in the Midwest and Southeast. Financial metrics like diluted EPS, annual dividend, return on invested capital, times interest earned ratios, weighted average cost of debt, and debt capitalization ratio continue to improve and show steady growth. The presentation also contains forward-looking statements and language regarding risks and uncertainties.
JBS reported its first quarter 2009 results. Net revenue increased 58.2% year-over-year to R$9.27 billion. Consolidated EBITDA grew 20.4% to R$211.5 million. Key highlights included sustained margins in the US beef business, improved performance in Brazil, and consolidation of a global production and distribution platform. Management remains focused on reducing debt and capturing synergies across the business.
This document provides an overview of health reform and how hospitals are responding to changes. It discusses rising healthcare costs in the US compared to other countries. Key aspects of the reform are outlined, including the creation of Accountable Care Organizations and a shift to paying for outcomes rather than procedures. The document also summarizes some of the main ways hospitals are responding, such as aligning with physicians, focusing on the full care continuum, increasing transparency, emphasizing value over volume, and developing a shared community vision. Employer strategies for incentivizing employees to use high quality, low cost providers are also reviewed.
The School of Business and Economics at Lynchburg College, in conjunction with the Lynchburg Regional Chamber of Commerce, hosted the spring Economic Outlook Conference on February 1, 2012. Roy Webb, Senior Economist and Research Advisor with the Richmond Federal Reserve Bank, spoke to an audience of approximately 100 people about national economic conditions.
The document is a presentation from Centex Corporation at the 2008 UBS CEO Conference. It discusses Centex navigating the difficult housing market and preparing for the future. Specifically:
1) Centex is taking actions like reducing costs and debt in response to falling home sales and a challenging economic environment.
2) The company is focusing on improving margins and accumulating cash to strengthen its financial position.
3) Centex aims to emerge from the downturn with a competitive cost structure and the scale to gain market share as smaller homebuilders exit the industry.
Temple Leadership Seminar Outlook Talk 2 19 2009mgala
The document summarizes the state of the US economy in early 2009. It notes that actual 2008 economic growth, employment, and inflation were significantly weaker than had been forecast the previous year. Housing prices declined substantially across most states and the sharp drops in home values and stock prices reduced household wealth. The recession caused job losses averaging 250,000 per month since late 2007, and unemployment rose significantly. Businesses reduced inventories and cut back on investment in response to weak sales and economic uncertainty.
This document provides an economic and market update from Wells Fargo Wealth Management. It discusses key business stories from 2011, including MF Global, the Arab Spring, Japan's earthquake and tsunami, the U.S. debt downgrade, and Europe's debt crisis. The agenda covers where the U.S. economy and markets currently stand in their cycles. It analyzes recent U.S. GDP growth, stimulus spending, consumer confidence, retail sales, debt levels, and unemployment to conclude the U.S. economy may see further improvement.
Roland berger investment_banking_20120710shaikhsalman
The document discusses the outlook for the global investment banking industry in summer 2012. It makes the following key points:
1) Global investment banking revenues are projected to be in the range of EUR 200-260 billion for 2012, depending on how the European sovereign debt crisis unfolds. This represents only a small increase or potential decrease from 2011 levels.
2) Performance in investment banking strongly differed between peer groups in 2011-2012. Emerging markets players grew while many mid-sized developed markets players came under pressure.
3) Unless major changes are made to business models, return on equity for most investment banks is expected to remain in the single digits. Significant restructuring and job cuts may be needed for the
This document discusses India's policy on foreign direct investment (FDI). It outlines the philosophy behind attracting long-term foreign capital to supplement domestic investment efforts. FDI is recognized as a key driver of economic growth. Large scale economic reforms have created an attractive investment destination in India. The document provides statistics on global and regional FDI trends. It highlights sectors targeted for FDI inflows and incentives provided. Key economic indicators of India that make it an ideal investment destination are also noted.
Per-Arne Blomquist, CFO of SEB, discusses maintaining growth while managing risks at a Morgan Stanley conference. He summarizes that SEB aims to [1] exploit long-term credit growth potential while maintaining strong asset quality, and [2] has built a balanced business platform through operational excellence initiatives that has delivered profitable growth. SEB will continue focusing on organic growth in core areas and making selective acquisitions to take advantage of growth opportunities.
Antigua and Barbuda is an island country with a population of 83,000 people and an area of 442 square kilometers. Its GDP grew between 2000-2008 but declined in 2009, and GDP per capita was highest in 2008 at $14,556. The current account balance was negative throughout this period. The top export partners for goods in 2007 were the Netherlands Antilles and the United States, while the top import partners were the United States and United Kingdom. For services, the top exports in 2008 were travel and transportation, while the top imports were transportation and travel.
Asia's economic recovery faces several challenges including a weaker global recovery, rising commodity prices such as food and oil, and risks from capital inflows like currency appreciation and asset bubbles. Central banks in several Asian economies have responded by increasing policy interest rates to manage inflation and credit growth. Continued rebalancing of demand across the region also remains important to sustain recovery over the medium term.
The document summarizes the economic outlook for the El Paso-Juarez border region. It finds that the El Paso economy is recovering faster than other border cities, with employment increasing 3.8% from its lowest point. Unemployment in El Paso has matched the national rate as the US recovery gains momentum, with manufacturing and non-manufacturing activity expanding. The Mexican economy is also recovering, with GDP growth of 5.5% last year. Trade between the US and Mexico continues to increase, especially in the automotive industry where Mexico's production and exports are at record highs.
The document summarizes several solid reasons to invest in Canada:
1) Canada has a relatively strong economy compared to other G7 nations, with expected above-average GDP growth through 2010-2011 according to various forecasts.
2) Canada has enjoyed healthy employment gains over the past decade and low unemployment.
3) Canada has a sound fiscal position, with federal budget surpluses until recently and expected return to surplus in the medium term, as well as relatively low national debt levels.
Conco Phillips- Presentations & Conference Calls Howard Weil Annual Energy Co...Manya Mohan
This document provides an overview of ConocoPhillips' annual energy conference in March 2009. It summarizes the major changes in the global economic and energy environment over the past year, including a recession, declining commodity prices, and reduced energy demand. The document outlines how ConocoPhillips has adjusted its operating plans and cost structure in response. It reaffirms the company's long-term strategic objectives and provides details on its exploration and production and refining activities and investments over the past decade.
This document summarizes an academic research paper on determining future key items for trade agreements (FTAs) between Indonesia and partner countries. The research assesses Indonesia's priority economic sectors and foreign direct investment (FDI) impacts to identify opportunities. It reviews Indonesia's economic statistics and sectoral contributions to GDP. Interviews and previous FTA assessments inform the analysis to provide recommendations on negotiation items that support Indonesia's economic development goals through trade agreements.
Similar to 2008 - Ny Presentation Companys Overview For The Regional And Mid Capacity Jets. (20)
This document provides a summary of Embraer's corporate and business strategy, product strategy, financial performance, and market outlook. The key points are:
1) Embraer's strategy focuses on organic growth, margin enhancement, business diversification, and establishing itself as Brazil's defense leader.
2) In 2015, Embraer's order backlog was $22.5 billion, with 95-100 E-Jet deliveries expected.
3) Embraer forecasts 6,350 new 70-130 seat jet deliveries globally between 2015-2034 worth $300 billion.
5.0 embraer day ny march2016 defense r.15Embraer RI
This document provides an overview of Embraer's Defense & Security Aviation division, including highlights from 2015 and information on major programs. It discusses the KC-390 flight test campaign progress, financial results, key defense programs like the Gripen NG and Brazilian satellite, and international exposure through contracts in countries like the UK. The document outlines revenue, backlog, impacts from currency fluctuations, and expansion of service and support activities. It presents Embraer as offering an integrated portfolio of solutions including aircraft, satellites, radar, and mission systems.
4.0 embraer day br 2016 commercial aviation rev7Embraer RI
This document provides an overview and highlights of Embraer, a Brazilian aerospace company, and its E-Jets aircraft family. Some key points:
- Embraer had record backlog and deliveries in 2015 and received 176 new orders. The E2 series is in development.
- Financial results have been strong with rising revenues and deliveries between 2009-2015.
- The E-Jets have captured over half of the market share and outsold competitors, with over 1,200 delivered to 70 airlines in 50 countries.
- The E2 series is expected to provide fuel burn reductions of 16-24% per seat compared to previous models.
Embraer provides an overview of its executive jet business. It has experienced healthy business growth with a CAGR of 21% from 2002-2015. It now has a global footprint with over 975 jets delivered to over 60 countries. The document discusses Embraer's product portfolio and the market for executive jets, forecasting strong future growth in the small and medium jet segments. It highlights key achievements and models in Embraer's line-up, including high delivery and sales numbers for the Phenom 100E, Phenom 300, Legacy 450/500, and Lineage 1000E.
The document outlines the agenda for Embraer Day 2016 in Brazil, including presentations on 2015 results and 2016 guidance, commercial and executive aviation, defense and security, and Q&A sessions. Presenters include the Director of Investor Relations, President & CEO, Executive Vice President & CFO, and presidents of the commercial aviation, executive jets, and defense and security divisions. A cocktail reception follows from 5-7pm at the hotel.
This document provides an earnings results presentation for Embraer for 4Q15 and FY2015. It summarizes key financial highlights including a backlog of $22.5 billion, free cash flow generation of $178 million, and net revenues of $5.93 billion. It also outlines deliveries, financial results, segment performance, expenses, cash flow, debt profile, and the 2016 outlook with projected net revenues of $6-6.4 billion and EBITDA of $800-870 million.
The document provides an overview of Embraer's defense and security division, including its products and programs. Key points discussed include the KC-390 transport aircraft program, sales of the Super Tucano aircraft, and efforts to adjust programs in response to budget cuts from the Brazilian government. The document outlines Embraer's focus on finalizing KC-390 development, improving efficiency, boosting international sales, and adapting to the Brazilian budget situation.
This document provides an overview of the business jet market and Embraer's position within it. It discusses factors influencing the market recovery, including corporate profits, wealth levels, and used aircraft prices. Forecasts indicate slow but steady growth over the next decade. Embraer aims to strengthen its presence in light and midsize categories with new models and upgrades. Services are expanding with a new service center in São Paulo.
This document provides an overview of Embraer's corporate and business strategy, financial performance, product portfolio, and market outlook. Key points include organic growth and margin enhancement through new product lines; diversifying revenues and expanding customer base; improving market share and margins through product focus and customer support. Charts show growing order backlog, revenues, and aircraft deliveries as well as market forecasts through 2034 for 70-130 seat aircraft demand.
This document provides an overview of Embraer's corporate and business strategy, financial performance, commercial and executive jet portfolios and market outlook. The key points are:
- Organic growth, margin enhancement, business diversification and product strategy are priorities.
- Firm order backlog was $22.1 billion in 3Q15 with planned commercial jet deliveries of 95-100 E-Jets.
- Net revenues for 2015 are forecasted between $5.8-6.3 billion.
- The E-Jets family dominates the 70-130 seat market with over 1,600 orders and Embraer aims to establish the E2 as the most efficient aircraft in its class.
5 embraer day 2015 vae bf-final_v2_sc_siteEmbraer RI
This document summarizes Embraer's comprehensive product portfolio and strong growth over the past decade. Some key points include:
- Embraer has experienced 20% compound annual growth rate (CAGR) since 2002 and has grown its market share from 2.7% to 16.5% for executive aviation deliveries.
- It has a global footprint with over 70 service centers worldwide supporting more than 900 aircraft in 60 countries.
- Embraer consistently ranks highly in worldwide customer support and satisfaction surveys.
This document provides an overview of Embraer's corporate and business strategy, financial performance, commercial jet programs, and market outlook. Key points include growing revenues through new product launches like the E2 family, expanding the customer base globally, and forecasting strong demand in the commercial and executive jet markets with over 9,000 jet deliveries projected from 2015-2024.
This document contains Embraer's earnings results for the 3rd quarter of 2015. It highlights strong order backlog and aircraft deliveries. Net revenues increased compared to the same period last year. Income from operations and EBITDA margins were in line with expectations. However, net income was negative due to currency fluctuations. Research, development and capital expenditures remained on track with annual targets.
This document summarizes Embraer's business growth and global expansion over the past decade. Some key points include:
- Embraer has experienced 20% compound annual growth rate (CAGR) since 2002, increasing its market share of deliveries from 2.7% to 16.5%.
- It has a global footprint with 74 service centers worldwide and over 900 jets in service across 60 countries.
- Embraer has consistently ranked highly in worldwide customer support and satisfaction surveys.
2015 10 8 emb day - commercial rev-finalEmbraer RI
This document summarizes information about Embraer's commercial aviation business in 2015. It notes that Embraer delivered 122 commercial jets in 2015, had firm orders of 165 aircraft for the year, and expects deliveries of 95-100 and revenues of $3.2-$3.4 billion for 2015. It also provides an overview of Embraer's E-Jets family and the in-development E2 series, which is expected to provide fuel burn reductions of 16-24% per seat compared to current E-Jets models.
- Embraer Defense and Security achieved several accomplishments in recent years including sales of the Super Tucano to the US Air Force and progress on the KC-390 program.
- In 2015, Embraer faced new challenges including a 50% depreciation of the Brazilian real which reduced projected revenue by $1.1-1.25 billion and impacted programs.
- Embraer's main focuses moving forward are finalizing KC-390 development, improving operational efficiency, increasing international sales, and adjusting programs to the Brazilian government's budget.
This document contains Embraer's earnings results for the 3rd quarter of 2015. It highlights strong order backlog and aircraft deliveries. Net revenues increased compared to the same period last year. Income from operations and EBITDA margins were in line with expectations. However, net income was negative due to currency fluctuations. Research, development and capital expenditures remained on track with annual targets.
- Embraer delivered 122 commercial jets in 2015 and has a record backlog of 530 aircraft.
- Revenues in 2015 were between $3.2-3.4 billion, meeting guidance.
- The E-Jets E2 program is on schedule with 640 commitments so far and the E-Jets have a 60% market share in the 70-130 seat segment.
- The E-Jets E2 are expected to have 24% lower fuel burn per seat and 25% lower maintenance costs per seat compared to current E-Jets.
This document provides Embraer's earnings results for the 2nd quarter of 2015. It summarizes key highlights including record backlog, positive free cash flow, and net income. The outlook for 2015 is also revised with increased guidance for net revenues, EBITDA, and EBIT. Overall the document presents Embraer's financial performance and outlook in a favorable light with continued growth.
This document provides an overview of Embraer's corporate and business strategy, including:
- Organic growth, margin enhancement, business diversification, and organic growth through acquisitions.
- Establishing Embraer as the defense house of Brazil and focusing on product strategy, customer base expansion and excellence in customer experience.
- Details on Embraer's commercial jet portfolio, order backlog, revenues, and outlook for 2015 aircraft deliveries.
- Information on the E-Jets family and new E2 models in development.
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. Contents
Air Transport Industry Review
RJ50 Market & the ERJ145 Family
70 to 120-seat Market & the E-Jets
Competitive Scenario
6. Estimated US GDP Growth (as of Jun 2008)
(as of Jun 2008)
Quarter over Quarter Growth %
(Annualized Rates)
Prior Survey Results (May/08)
0.2 1.8 1.6 1.8
7. Emerging Economies
World Real GDP Share (Measured in Yr2000 US$ PPP)
Other Advanced
100%
Economies
90%
Japan
80%
70% United States
60%
50% Eurozone
40%
Other Emerging
30% Economies
20%
India
10%
0% China
1997 2007 2017 2027
Emerging economies increasing their share of global output
Source: Global Insight (Jun/08)
8. Industry Net Results
8
Scenario 1 Scenario 2
6 5.6 US$80-120 US$120-140
per barrel per barrel
4
2.8
2.1
1.6 1.8
2 1.2
US$ Billion
0.8 0.9
0.6 0.4
0.2 0.2 0.3 0.2
0
-0.1 -0.2-0.4 -0.1 -0.2 -0.3-0.1-0.3
-0.4 -0.5 -0.4 -0.5 -0.4 -0.7
-2
-2.3
-2.6 -2.8
-4
-4.1 -4.2
-6
-6.1
-6.7
-8
2005 2006 2007 2008F 2008F
North America Europe Asia-Pacific Middle East Latin America Africa Global
Profitability is not expected to be achieved until 2010 or later
Values in US$ Billion
Source: IATA Economics Jun/08 (ICAO data to 2007 and IATA Forecast 2008-2009) Global and US net results includes restructuring costs and
excludes United Airlines ‘fresh-start’ accounting losses and gains
9. What can we expect?
• World air transport demand keeps growing despite US
slowdown
• More consolidation, merges and less start-ups
• Capacity cuts (mainly in the US)
• Fare increases & slowdown in demand
• Additional quest for efficiency: cost cuts, higher LFs and
higher aircraft utilization
• Early retirement of older jets
• Better match of aircraft capacity to a lower demand
11. ERJ 145 Family Order Book
September, 2007 Firm Firm
Options Deliveries
Orders Backlog
ERJ 135 108 0 108 0
ERJ 140 74 0 74 0
ERJ 145 733 75 692 41
Total 915 75 874 41
(June 30th, 2008)
12. 1,000 ERJ Platforms Already Delivered
Dec 1996
Dec 1996
First Delivery
First Delivery
Dec 1998
Dec 1998
Dec 1999
Dec 1999
Aug 2000
Aug 2000
September, 2007
September, 2007
Mar 2001
Mar 2001 Sep 2001
Sep 2001 May 2002
May 2002 May 2003
May 2003 May 2004
May 2004 Feb 2005
Feb 2005
13. RJ50s – Market Density Profile
US Domestic (2007)
700,000
% 2007 RJ50 Flights
per Market Density (PDEW Class)
600,000
26-50 51-75
500,000 19% 11%
A nnual Flights
76-100
400,000 7%
101-150
300,000
5-25 10%
29% 151-200
200,000
5%
>200
100,000 19%
0
5
50
00
00
- 50
- 75
0
00
- 10
5- 2
1-1
1-2
1-3
>3
26
51
76
10
15
20
Market Density (PDEW)
Almost 60% of all RJ50 flights served low density markets
Source: BACK / OD1A 2007
14. US Hub & Spoke – RJ50 Importance
Regional Carriers Passenger Type Breakdown
Connecting Passenger : Local Passenger
3:1 2:1 1:1 1:1 1:1 1:2 1:2 2:1
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
5-25
26-50
51-75
76-100
101-150
151-200
201-300
RJ 30-60
PDEW
Source: BACK - RJ50 operations with 1 coupon
RJ50 is a fundamental feeder of network operations, especially in low
density markets (two connecting passengers for each local passengers)
15. RJ50 – Importance to the Air Transport System
Feeding system is vital for Airline´s Success
Seabury Group – FAA Forecast Conference (Mar 11, 2008)
RJ50 Presence
Yes
Yes
Yes
Yes
Yes
Yes
Yes
16. RJ50 – Relevance to the US Transport System
US Domestic (2007) 800
Other Aircraft RJ50
CAGR: 25.1%
700
Pax Enplanements (Millions)
600
500
400 CAGR: 0.1%
300
200
100
0
2000 2007
RJ50 - % of all US 3% 13%
domestic enplanements
RJ50s carried more than 90 mi passengers (13% of all US domestic)
2/3 of all RJ50 passengers (~61 millions) are connecting
Source: US DOT (T100)
17. US Regionals: Trend to higher capacity aircraft
Capacity Share by Jet Capacity Segment
100%
Backlog:
NW: 12 E175
80% 15 CRJ900
DL: 17 CRJ900
UA: 14 CRJ700
ASM Offered
60% SKYW: 18 CRJ700
4 CRJ900
REP: 17 E175
40%
Source: EMB (as of Jun 2008)
BBD (as of Apr 2008)
20%
0%
E
E
E
E
E
E
00
00
00
00
00
00
08
08
08
08
08
08
20
20
20
20
20
20
20
20
20
20
20
20
30-60 61-90
Skywest Airlines regional operations: CO, DL and UA
Source: BACK (not considered AVRO operation in 2000 for Northwest) Republic Airways regional operations: AA, CO, DL, UA and US
18. Aircraft Direct Operating Cost
As reported. Adjusted for distance (409 sm).
$0,16 $0,16
$0,12 $0,12 -12%
CASM ($)
-42%
$0,08 $0,08
$0,04 $0,04
$0,00 $0,00
Jet 50 Jet 158 0 200 400 600 800 1000 1200
Distance (sm)
Most of the operating cost difference between small jets and big jets is
due to the distance they fly, not the airplane size.
Source: US form 41 - fiscal year ending 3Q07
Airplane variable + ownership cost
19. Fuel Price Impact on Aircraft Cost
$0,16
19%
$0,12
CASM ($)
$0,08 21%
$0,04
$0,00
Jet 50 Jet 158
Fuel at $2 Fuel at $3
Rising fuel prices affect big airplanes as much as small airplanes.
Source: US form 41 - fiscal year ending 3Q07
Airplane variable + ownership cost
20. U.S. Capacity Reduction Plan
2008 ASM Forecast
Aircraft Removal Plan
(compared to 2007)
Airline Domestic International 2008-2012
Regional -6.5 to -5.5% ▼ 35 to 40 Regional Jets ; 26 Saab 340
Mainline -6 to -5% ▼ 1 to 2% ▲ 55 MD-80 ; 3 A300
Regional 3.6% ▲ 3 Beech 1900 ; 24 CRJ-200 ; 30 ERJ135; 10 ERJ145
Mainline -4.5% ▼ 4.7% ▲ 47 B737-300 ; 20 B737-500
12 ATR-72 ; 60-70 Regional Jets
System (1H08) -13% ▼ 15 to 17% ▲
15 MD-80 ; 3 B757 ; 2 B767-300
Regional (4Q08) 50 to 55% ▲ Regional growth: introduction of 76-seater
System (4Q08) -9.5 to -8.5% ▼ 26 DC-9-30 ; 7 DC-9-40/50; 4 A319 ; 4 A320 ; 6 B757
23 EMB-120
Regional “Some of United’s 737 routes will be down-gauged to 50- to 70-seaters, which are
0 to 1% ▲
operated by regional affiliates under the United Express banner”.
(Jake Brace, UAL CFO - Merrill Lynch Conf. Jun 18, 2008)
-8 to -7% ▼ (*)
Mainline 1.5 to 2.5% ▲
64 B737-300 ; 30 B737-500 ; 6 B747
10 CRJ-200
Regional 4 to 6% ▲
System -5 to -3% ▼ 3 to 5% ▲ 17 B737-300 ; 4 B757; 4 A320
Domestic -2% ▼
Transborder -13% ▼ Adjustments to the fleet, will be made available at a later date.
International -7% ▼ (AC Press Release - Jun 17, 2008)
• 184 RJ50s to be removed by the end of 2012
• RJ50s are essential to feed/support international expansion
Source: Airlines (Jun/18/08) (*) United Airlines report "North America" figures, what includes transborder flights to Canada.
21. U.S. Airlines Capacity Reductions for 2008
• Forecasted Change in ASM
Network Carriers -20 bln ASM (-2.7%)
Regional Carriers +3 bln ASM (+3.3%) mainly from backlog in J70/J80
Largest Fleet Reduction J140 Segment (-118 units)
ASM (billion) Fleet in Service – Number of Aircraft
500 -8% -8% 25% -33% -2% -1% 2500
450
400 2000
350
300 2007 1500
250 2008E
200 1000
150
100 500
50
0 0
WB
WB
J30-60
J61-90
J91-120
J30-60
J61-90
J91-120
NB
NB
TP
TP
Number of aircraft
Removed -61 -119 -19 -66 -135 -8
Backlog 20 0 102 14 44 1
FIS08E vs. FIS07 -41 -119 83 -52 -91 -7
Source: BACK, Airlines and Embraer
22. Mexico - RJ50 Evolution
2004 2007
•
RJ50 ERJ145 RJ50 ERJ145
# Aircraft 5 5 # Aircraft 44 27
Markets 18 18 Markets 106 78
Av. Stage Length 405 nm 405 nm Av. Stage Length 362 nm 369 nm
Source: BACK (Dec/07), RJ50 includes ERJ145 and CRJ100/200/440
23. RJ50 Market Opportunities – CIS
Yakovlev Yak-40
30-seat jet
Aircraft in service
Scheduled Airlines: 176
Non-Scheduled Airlines: 110
Average age: 33 years
Tupolev Tu-134
70-seat jet
Aircraft in service
Scheduled Airlines: 135
Non-Scheduled Airlines: 37
Average age: 30 years
458 aircraft requiring replacement
Replacement already started: Dniproavia’s ERJ145
Source: BACK (Mar/08 – CIS includes Russia)
24. RJ50 Evolution in China
´
China´s RJ aviation is growing at slower pace but has huge potential
2003 2006
196 Markets - 45 A/C 223 Markets - 61 A/C
11%
unbalanced jet fleet China
33% 30-120 Seats
Europe
120-210 Seats
42%
USA
Source: CAAC % of Fleet
0% 20% 40% 60% 80% 100%
25. RJ50 Market Trends
• RJ50 feeder is fundamental to support US hub and spoke system
• High fuel prices forcing airlines to revise RJ50 short-haul and
long/thin operations
• Regionals trend towards high capacity aircraft (75 seater)
• Potential US removal of up to 250 RJ50 units in five years
• China will absorb additional new units to achieve a better capacity
balance in its fleet
• Secondary markets will keep expanding – used RJ50s moving to
CIS, Mexico, Africa and South America
33. E-Jets Deployment – Summary
Natural Growth Direct Replacement Right-sizing New Markets
100%
% of Total E-Jets Markets
14% 8% 15%
80%
42%
60% 51% 53%
7%
40%
8% 6%
20% 42%
27% 26%
0%
North America Europe World
53% of E-Jets operations: right-sizing of narrowbody services
Source: BACK, Embraer
34. Narrow-body Complement - North America
Toronto - Halifax Charlotte – Toronto
2007 2008 2007 2008
Seats* 1,033 992 318 436
6:00 A319 A319
A320 E190
8:00 E190 CRJ-200
A320 E170
10:00 A320
A319
12:00 A320 A319
A320 737-300
14:00 737-300
A319
16:00
E190 E175
18:00 A320
20:00 A320
E190 737-300
22:00 737-400
Source: BACK (4Q06) *4th Wednesday of January
35. Air Canada – Merrill Lynch Global Transportation Conference (Jun/2007)
Domestic
International
Y
COP
36. Robert Milton (AC) statement on June 30th, 2008
"What could be better if you're looking at a high fuel cost,
increasing passenger ticket price environment, which will
logically lead to decreased demand, than to have the most
efficient, comfortable aircraft in the 100-seat category,
which is the Embraer 190?" Mr. Robert Milton told
reporters after the ACE annual meeting.
The Globe and Mail and Financial Post
37. E170/190 at Finnair
Helsinki - Gothenburg Helsinki - Dusseldorf Helsinki - Warsaw
2006 2007 2008 2006 2007 2008 2006 2007 2008
Seats Oferred 126 202 304 126 226 278 76 202 252
6:00
E170 E170
8:00 A319 E170 E170
E170 A319
10:00
A319
12:00 E170 E170
14:00
16:00 E170 A320 A319
E170 E190
18:00 A319 E170
E170
20:00 E170
22:00
Midnight
E-Jets Right-sizing at Finnair: 76% of E170/190 markets
18 markets complementing A319/320s ; 11 markets replacing A319/320s/ MD-80s
Source: BACK (Jan/08) *4th Wednesday of January
39. E-Jets Interchanged with Narrowbodies
New York City - Portland Denver - Montreal
(JFK-PWM) 1,400 nm
274 sm
Apr/06 Apr/06
Spring Summer Fall Winter Spring Summer Fall Winter
Spring Summer Fall Winter Spring Summer Fall Winter
E-Jets Narrowbodies
E-Jets provide year-round network coverage, optimizing fleet
capacity to seasonal market demand
Source: BACK
40. E-Jets Deployment in Long Haul Markets
Toronto - Seattle
1,783 nm; 4:57 (1 Daily)
Boston - Austin
1,470 nm; 4:17 (1 Daily)
Minneapolis - Vancouver
1,243 nm; 3:44 (1 Daily)
Atlanta - Queretaro
1,154 nm; 3:38 (1/2 Daily)
Chicago - Edmonton
1,231 nm; 3:39 (2 Daily)
Philadelphia - Houston
1,150 nm; 3:41 (4 Daily)
Denver - Los Cabos
1,040 nm; 3:06 (1 Daily)
Efficiency and flexibility also for long haul domestic/transborder markets
Source: BACK (Jan/08)
41. Fuel & Maintenance Cost Savings vs. Older Jets
E170/175 can offer up to US$ 2.2 million yearly fuel savings and up to
US$ 1.3 million maintenance cost savings
$4.000
Additional Annual Cost (US$ -
$3.500 DC-9-10
BAe 146-200
thousands) Vs. E170
$3.000 BAe 146-100
AVRO RJ-85
$2.500
$2.000 F70
$1.500
$1.000
$500
E175
$0
0% 10% 20% 30% 40% 50% 60% 70% 80%
Additional Fuel Burn (%) vs. E170
500 nm Sector, Full Pax, Network Environment (3,200 annual BH), Jet Fuel Price $3.00/gallon
42. Fuel & Maintenance Cost Savings vs. Older Jets
E190/195 can offer up to US$ 2.7 million yearly fuel savings and up to
US$ 1.2 million maintenance cost savings
$4.000 MD-87
DC-9-30
Additional Annual Cost (US$ -
$3.500
thousands) Vs. E190
$3.000 737-300
$2.500 737-500
$2.000 F100
$1.500 717
$1.000
$500 E195
$0
0% 10% 20% 30% 40% 50% 60% 70%
Additional Fuel Burn (%) vs. E190
500 nm Sector, Full Pax, Network Environment (3,200 annual BH), Jet Fuel Price $3.00/gallon
43. Market Opportunities - Replacement
World Fleet Age Profile (61-120 seats): 2,582 jets / 14 years average age
900
26% of 61-120 fleet Avg.
800 Region # Acft.
(666 acft) with more Age
700
than 20 years North America 884 8
Number of Aircraft
600 Latin America 305 22
500 Europe 655 11
400 Russia & CIS 272 24
300 Africa 143 22
200
Middle East 79 13
Asia Pacific 215 19
100
China 29 9
0
0-5 6-10 11-15 16-20 21-25 26-30 31-35 >35 World 2,582 14
Age (Years)
Nearly 700 aircraft (26% of fleet) need replacement in the coming years.
Retirement cycle may be antecipated due to fuel costs and environment.
Source: BACK (Dec/07)
45. E-Jets Worldwide Distribution
Customers Firm Orders
Asia Pacific /
China
Middle East / 13%
17%
19% Africa
47% 7%
17% Europe/CIS
21% 19%
26% Latin America
14%
North America
Growing and diversified customer-base across five continents.
Increased presence in emerging markets with established carriers.
Source: Embraer (Jun/08)
46. E-Jets - Efficiency to all Business Models
Regional Network Low Cost
Charter
ETA Star
Aviation
Source: Embraer (Jun/08 ; Sirte Oil, GECAS and Jetscape not presented)
47. Embraer Worldwide Backlog Distribution
Backlog (437 aircraft)
Emerging Countries
15% North America
34%
4%
Western Europe
19%
Latin America
28%
ROW
Increased presence in emerging markets.
Emerging Coutries: China, India, Brazil, Emerging Europe (Central Europe & the Balkans + CIS); Latin America does not include Brazil
Source: Embraer (Jun/08)
49. E-Jets vs. Large CRJs Competitive Profile
43%
E-Jets 60% Large CRJs
93 Markets 171 Markets
12%
13%
45%
27%
Narrowbody Regional Jet Monopoly
E-Jets are clearly being used by airlines to compete against narrowbody
aircraft; CRJs are being more used in monopoly routes.
Source: BACK – OAG (4Q07)
51. Competition: E-Jets vs. New players
Aircraft Overview Fuel/ COC/ DOC Potential Markets
vs. E-Jets
ARJ21 Product: Conventional FB: Higher China and countries
x E175 Risk: Moderate COC: Higher with Chinese influence.
Supp.: from scratch DOC: ?
SSJ 95 Product: Conventional FB: Similar Eastern Europe, maybe
x E190 Risk: Moderate COC: Similar also Western Europe
(political reasons).
Supp.: from scratch DOC: Lower
MRJ 90 Product: New Concept FB: Lower Initially to be proved in
x E175 Risk: High COC: Similar Japan/ Asia Pacific.
Supp.: from scratch DOC: ?
The information contained herein is property of Embraer and shall not be copied or used without Embraer´s written consent
52. Embraer´s views on CSeries Value Propositions
• The most significant propositions of the CSeries are:
• Lower Engine SFC
• Lower External Noise
• Most part of the SFC benefit is cancelled by the “family” requirements:
• Optimization point is on C130 (C110 with same engine / structure)
• Longer range (C110 capability exceeds 3,000 nm)
• Accomodation for future “C150” needs
• Estimated impacts on aircraft efficiency:
• OEW: 5.5 tons heavier than E195 (vs. C110)
• Wet Area: 11.7% larger than E195
• Other offsets may come from new technologies risks:
• New platform design and full FBW lacking strong experience
• High composite level on high cycle aircraft
• New engine with new technology
56. US Parked
Acft by Equip #
(2001-2000)
727-200 106
737-200 105
DC-9-30 29
MD-82 25
737-300 23
FOKKER 100 22
737-700 19
DC-10-30 17
During slowdown periods, smaller aircraft help airlines keeping market
presence and are more part of the solution than of the problem.
57. E-Jets around the world:
48 Airlines / 34 Countries
Star
*
Thank You
The information contained herein is the property of Embraer S.A. and shall not be copied or used without Embraer’s written consent.