Embraer reported its first quarter 2009 results. Revenue declined 18.2% year-over-year to $1.154 billion due to lower jet deliveries. Net income was a loss of $23 million compared to a profit of $85 million in the prior year period. The order backlog remained strong at $19.7 billion though down from previous quarters. Embraer also received several new orders and certifications for its aircraft in the quarter and signed a $1.44 billion contract with the Brazilian government. However, the results and outlook reflect the challenging global economic environment.
Dr. MinJeong Kim, NATIONAL FORUM OF TEACHER EDUCATION JOURNAL, 23(3) 2013William Kritsonis
Dr. MinJeong Kim, NATIONAL FORUM OF TEACHER EDUCATION JOURNAL, 23(3) 2013 - NATIONAL FORUM JOURNALS (Founded 1982), Dr. William Allan Kritsonis, Editor-in-Chief - www.nationalforum.com
We do a bi-weekly UX MindShare Session at Mobiquity as a way to share and keep abreast of the latest trends, tools, methodologies, thinking and technologies within our UX and Creative department. I actually use the session as my veryOwn user-centered sociology lab, to see what presentation delivery styles and content might prove valuable to a professional UX design organization. Much of the content is pre-thought but unscripted, exploring timely topics in device and application design that hopefully entertain while provoking further discussion and thought around certain thoughtStreams that come to me during the week as I'm engaged with clients, colleagues, product design and processes. My goal in creating these presentations is to surface new ideas that come to me in as fresh and raw a state as possible to gauge real-time reaction in the room and feel out whether or not the material resonates deeply enough to deepen the thinking further with follow-on presentation exploration.
As with most design endeavors, I continually strive to clarify a set of ideas, both for myself and for others.
This presentation continues on with the concept of using a StoryFirst approach to user-centered design and specifically delves into what I've been thinking of as Behavior Modes. Behavior Modes are just one of many forces that influence the perception and use of an experience. My theory here is that the device type itself is one such influence and can have an interesting impact on whether or not an experience comes across successfully or not.
Much of the presentation as seen here on SlideShare only provides the visual content as displayed live in the room as accompaniment to my high energy, slightly improvised and performative delivery of the actual mindshare information and concepts behind Behavior Modes, StoryFirst design methodologies, the embeddedStory system that most wanted consultants design, developed, tested, refined and deployed for the MassArt Made retail venue on MassArt's Boston campus, and so on.
Dr. MinJeong Kim, NATIONAL FORUM OF TEACHER EDUCATION JOURNAL, 23(3) 2013William Kritsonis
Dr. MinJeong Kim, NATIONAL FORUM OF TEACHER EDUCATION JOURNAL, 23(3) 2013 - NATIONAL FORUM JOURNALS (Founded 1982), Dr. William Allan Kritsonis, Editor-in-Chief - www.nationalforum.com
We do a bi-weekly UX MindShare Session at Mobiquity as a way to share and keep abreast of the latest trends, tools, methodologies, thinking and technologies within our UX and Creative department. I actually use the session as my veryOwn user-centered sociology lab, to see what presentation delivery styles and content might prove valuable to a professional UX design organization. Much of the content is pre-thought but unscripted, exploring timely topics in device and application design that hopefully entertain while provoking further discussion and thought around certain thoughtStreams that come to me during the week as I'm engaged with clients, colleagues, product design and processes. My goal in creating these presentations is to surface new ideas that come to me in as fresh and raw a state as possible to gauge real-time reaction in the room and feel out whether or not the material resonates deeply enough to deepen the thinking further with follow-on presentation exploration.
As with most design endeavors, I continually strive to clarify a set of ideas, both for myself and for others.
This presentation continues on with the concept of using a StoryFirst approach to user-centered design and specifically delves into what I've been thinking of as Behavior Modes. Behavior Modes are just one of many forces that influence the perception and use of an experience. My theory here is that the device type itself is one such influence and can have an interesting impact on whether or not an experience comes across successfully or not.
Much of the presentation as seen here on SlideShare only provides the visual content as displayed live in the room as accompaniment to my high energy, slightly improvised and performative delivery of the actual mindshare information and concepts behind Behavior Modes, StoryFirst design methodologies, the embeddedStory system that most wanted consultants design, developed, tested, refined and deployed for the MassArt Made retail venue on MassArt's Boston campus, and so on.
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