The document discusses opportunities for the regional jet market, specifically aircraft in the 30-120 seat segment. It notes that regional jets have grown significantly over the past 10 years in both Europe and the US, while total passenger traffic has declined slightly. Regional jets now make up a large portion of domestic routes in the US and help connect smaller cities to major hubs. The document also identifies several potential new markets for regional jets between smaller city pairs that currently lack direct service. Overall, it argues that regional jets, including those in the 50 seat segment, remain an intrinsic part of the air transportation system.
2006* Encontro De Investidores Em Ny Mercado De AviaçãO Comercial (Ingles)Embraer RI
The document discusses trends in the commercial airline market and opportunities for 30-120 seat aircraft. It notes that while air travel demand is growing, yields remain low, fuel costs are high, and competition is increasing. Low-cost carriers continue to gain market share. The presentation identifies over 6,000 routes globally with low daily frequencies that could potentially be served by smaller aircraft to match capacity to demand more efficiently. Overall the market outlook is positive, with opportunities for airlines to right-size operations and replace aging jets with newer 30-120 seat aircraft.
2006* Commercial Aviation Market Embrear Day 2006Embraer RI
- Global passenger traffic has rebounded and continues growing steadily at around 7% per year. Low-cost carriers continue to drive demand, especially in the US and Europe.
- While the cost gap between network carriers and low-cost carriers is closing as both focus on reducing costs, fuel costs have risen significantly and now represent around 23% of total airline costs compared to 14% in 2000.
- Strong cost-cutting efforts by airlines have helped boost profitability, but fuel prices remain a major challenge for the industry outlook.
Public Sector Research Priorities for Sustainable Food Security by Gerald Nelson, IFPRI and Dominique van der Mensbrugghe, FAO at the Food Security Futures I Conference, on 11 April 2013 in Dublin, Ireland.
The document is a 2010 corporate presentation by MPX Energia S.A. It begins with disclaimer notes about forward-looking statements and reliance on information. The presentation then provides an overview of MPX as a diversified private utility with coal and natural gas assets in Colombia and Brazil. It notes MPX has flexibility to supply resources to its own plants or international markets. Charts show Brazil's increasing power demand driven by economic growth and how new hydro plants have limited storage capacity, increasing reliance on thermal generation.
This document outlines priorities for public sector research on food security and nutrition. It notes that 850 million people are undernourished, 28% of children are stunted, and 2 billion people are micronutrient deficient. It also discusses the double burden of malnutrition, with 1.4 billion people overweight and 500 million obese. The document recommends agricultural research priorities like productivity growth for staples and non-staples, considering dietary quality in breeding objectives, and partnerships across sectors to address malnutrition holistically.
Mobile Payments and Mobile Commerce
# Market overview
# Competitive landscape
# Region analysis
# Value chain
As of September 2012
Sources: Gartner, Euromonitor, Mashable, Arthur D. Little, mobilepaymentstoday.com, Sapient Nitro, internetretailer.com, deltapartnersgroup.com, paymentobserver.com
The document is the agenda for the Annual Meeting of Shareholders of Murphy Oil Corporation held on May 9, 2012. It includes presentations by David M. Wood, President and CEO of Murphy Oil, on the external environment facing the energy industry, an overview of Murphy's upstream and downstream portfolios, and conclusions. The agenda covers topics such as growing global population and energy demand, trends in global crude oil and natural gas supply and demand, and historical commodity prices.
2006* Encontro De Investidores Em Ny Mercado De AviaçãO Comercial (Ingles)Embraer RI
The document discusses trends in the commercial airline market and opportunities for 30-120 seat aircraft. It notes that while air travel demand is growing, yields remain low, fuel costs are high, and competition is increasing. Low-cost carriers continue to gain market share. The presentation identifies over 6,000 routes globally with low daily frequencies that could potentially be served by smaller aircraft to match capacity to demand more efficiently. Overall the market outlook is positive, with opportunities for airlines to right-size operations and replace aging jets with newer 30-120 seat aircraft.
2006* Commercial Aviation Market Embrear Day 2006Embraer RI
- Global passenger traffic has rebounded and continues growing steadily at around 7% per year. Low-cost carriers continue to drive demand, especially in the US and Europe.
- While the cost gap between network carriers and low-cost carriers is closing as both focus on reducing costs, fuel costs have risen significantly and now represent around 23% of total airline costs compared to 14% in 2000.
- Strong cost-cutting efforts by airlines have helped boost profitability, but fuel prices remain a major challenge for the industry outlook.
Public Sector Research Priorities for Sustainable Food Security by Gerald Nelson, IFPRI and Dominique van der Mensbrugghe, FAO at the Food Security Futures I Conference, on 11 April 2013 in Dublin, Ireland.
The document is a 2010 corporate presentation by MPX Energia S.A. It begins with disclaimer notes about forward-looking statements and reliance on information. The presentation then provides an overview of MPX as a diversified private utility with coal and natural gas assets in Colombia and Brazil. It notes MPX has flexibility to supply resources to its own plants or international markets. Charts show Brazil's increasing power demand driven by economic growth and how new hydro plants have limited storage capacity, increasing reliance on thermal generation.
This document outlines priorities for public sector research on food security and nutrition. It notes that 850 million people are undernourished, 28% of children are stunted, and 2 billion people are micronutrient deficient. It also discusses the double burden of malnutrition, with 1.4 billion people overweight and 500 million obese. The document recommends agricultural research priorities like productivity growth for staples and non-staples, considering dietary quality in breeding objectives, and partnerships across sectors to address malnutrition holistically.
Mobile Payments and Mobile Commerce
# Market overview
# Competitive landscape
# Region analysis
# Value chain
As of September 2012
Sources: Gartner, Euromonitor, Mashable, Arthur D. Little, mobilepaymentstoday.com, Sapient Nitro, internetretailer.com, deltapartnersgroup.com, paymentobserver.com
The document is the agenda for the Annual Meeting of Shareholders of Murphy Oil Corporation held on May 9, 2012. It includes presentations by David M. Wood, President and CEO of Murphy Oil, on the external environment facing the energy industry, an overview of Murphy's upstream and downstream portfolios, and conclusions. The agenda covers topics such as growing global population and energy demand, trends in global crude oil and natural gas supply and demand, and historical commodity prices.
Africa Evolves, but it needs you - LBS Africa Day Conference 2010LBS Africa Club
Africa represents a small part of the global economy but has opportunities for growth. While Africa has experienced increasing stability and economic growth in recent decades, it still faces numerous challenges including poverty, low access to financial services, and underdeveloped infrastructure. The global financial crisis has caused growth to slow, but Africa is expected to see a recovery in 2010. Foreign investment will be critical to Africa's continued development, and opportunities exist in natural resources, agribusiness, and infrastructure development. IFC is focusing on supporting private sector growth in Africa through financing, advisory services, and improving the investment climate.
The document discusses opportunities in Mexico's aerospace industry for foreign investment. It notes that aerospace companies are increasingly locating operations in Mexico to take advantage of lower wages and an increasingly skilled workforce. Mexico's aerospace exports have more than tripled since 2004. Companies like Bombardier and Goodrich have established new factories in Mexico to manufacture aircraft parts at significantly lower costs. The electronics and automotive industries have also seen major investment and growth in Mexico due to competitive advantages like labor costs and geographic proximity to the US market.
By David J. Spielman, Fatima Zaidi, and Kathleen Flaherty. Presented at the ASTI-FARA conference Agricultural R&D: Investing in Africa's Future: Analyzing Trends, Challenges, and Opportunities - Accra, Ghana on December 5-7, 2011. http://www.asti.cgiar.org/2011conf
The document discusses the oil and gas sector, including oil production capacity and demand over time. It shows that while production capacity has increased significantly since 1970, demand has closely matched capacity. It also discusses key terminology like SCADA systems and BTUs. Finally, it provides an overview of where oil comes from naturally and the multi-step process of exploring for oil deposits, setting up drilling rigs, drilling wells, confirming the presence of oil, and finally extracting the oil.
The document summarizes renewable energy and energy efficiency investment opportunities in Morocco. Morocco imports a large portion of its energy needs and aims to reduce its dependence on imports through developing renewable sources like wind and solar. Morocco has significant potential for wind and solar energy due to its unique location and climate. The country also has a goal of reducing energy consumption 12% by 2020 through national energy efficiency programs focused on industry, transport, and residential sectors.
Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel ConferenceAnglo American
We aim to deliver a future with real and sustainable value. Read our presentation as delivered by Cynthia Carroll, Chief Executive, Anglo American, at the Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel Conference.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
You are viewing presentations from conferences that I have attended. Please enjoy & if we can help you with any logistics projects in the Americas please contact me at 678.364.3475
Bill was also on the Board of Directors for the St.Vincent DePaul Foodbank in Roseville California helping with the fund raising and meals to the poor program. While based in Northern California he was successful in fund raising programs for the Crusade of Mercy and helped Father Dan Madigan at the Sacramento Food Bank also. For 2008, Bill is a member of the Board for WORKTEC on also an Advisory Board Member for Boys and Girls Club for Metro Atlanta-Clayton County Chapter. See www.worktec.biz or www.bgcma.org . Bill is also on the Board of Directors for the Southeastern Warehouse Association & represents Georgia for 2010-2012.
Regards,
Bill Stankiewicz
Vice President and General Manager
Shippers Warehouse
Email: williams@shipperswarehouse.com
www.shipperswarehousega.com
http://www.linkedin.com/in/billstankiewicz2006
http://twitter.com/BillStankiewicz
http://www.topexecutivesnet.com/index.aspx
Anglo American: Deutsche Bank BRICS Metals and Mining ConferenceAnglo American
Chief Executive Cynthia Carroll presented at the Deutsche Bank BRICS Metals and Mining Conference in London.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
The document discusses content delivery network (CDN) technology trends. It provides an overview of the CDN market size and share from 2010 to 2014. It also describes basic CDN functionality, including how content is cached at edge servers close to users to improve performance. New entrants are aggregating unused infrastructure while some smaller CDNs use Amazon CloudFront.
NAL Energy Corporation is an oil and gas producer focused on light oil with assets in western Canada. Some key points:
- Market cap of $1.2 billion with monthly dividend of $0.07/share and current yield of 10.4%
- Produces over 28,000 boe/day from assets in Alberta, southeast Saskatchewan, and British Columbia. Reserves of 104 MMBoe with 50% liquids.
- Focused on oil drilling for its 2011 $240 million capital program to maintain production of around 28,500 boe/day for the year. Hedges over 50% of oil volumes.
- Operates across different oil resource plays like the Cardium, V
Northwestern Mutual has maintained the highest financial strength ratings from major rating agencies compared to other prominent companies in the individual disability income insurance marketplace. It has received an A++ rating from A.M. Best, AAA from Fitch and Standard & Poor's, and Aaa from Moody's, recognizing its loyal distribution network, favorable historical experience, and commitment to policyholders. The ratings agencies praise Northwestern Mutual's strong operating fundamentals, expense efficiency, and highly productive sales force.
Embraer forecasts strong growth in the regional airline market over the next decade. Regional jets are becoming more widely used in the US and Europe, with passengers increasing by 5-7% annually and aircraft growing larger and flying longer routes on average. Regional jets are opening new route opportunities for airlines and replacing aging turboprops and jets. Embraer expects around 8,000 new regional aircraft deliveries over the next 10 years.
Executive Aviation Presentation - Farnborough AirshowEmbraer RI
This presentation discusses Embraer's business aviation market outlook and new product lines. It states that the business aviation market is expected to grow significantly from 2005 to 2015. Embraer then provides updates on its Legacy 600 and introduces its new Phenom 100 and 300, and Lineage 1000 aircraft models. Production plans and timelines are shared for ramping up the Phenom and Legacy lines between 2008-2009.
Embraer's aerospace business is supported by 5 pillars: high technology, qualified people, global business, cash intensiveness, and flexibility. The company invests heavily in research and development to support high technology. Over 25% of Embraer's 11,048 employees are engineers. Embraer has a global customer base of over 58 countries on 5 continents. The business requires significant cash investments, over $1 billion in the last 5 years alone. Embraer has demonstrated flexibility in adjusting production levels in response to market changes.
Segundo Encontro Anual Com Analistas E Investidores ApresentaçãO FinanceiraEmbraer RI
The document discusses Embraer's second annual investors and analyst meeting. It provides an overview of Embraer's capital structure, stock dividends, third quarter results including the income statement, balance sheet, and key performance indicators. It also discusses Embraer's investments, revenue, earnings, employees, production cycle, and the differences between Brazilian GAAP and US GAAP accounting standards.
- Regional airline markets in the US and Europe are forecast to continue growing, driven by increasing passenger demand for regional travel.
- Regional jets are replacing turboprops as they allow airlines to operate longer routes more profitably and efficiently.
- Embraer is anticipating future market needs by developing new regional jet models like the ERJ 170 and ERJ 190-200 that will have longer ranges and more seats to meet evolving airline network strategies.
- Strong economic growth is expected in major markets like the US, Canada, Western Europe and China, which will support increased demand for regional air travel and aircraft over the next decade.
Embraer is a Brazilian aerospace company founded in 1969 that has grown to employ over 21,000 people worldwide. It has manufacturing plants and offices in Brazil, the United States, France, China, Portugal and Singapore. Embraer focuses on developing high-tech aircraft and works with a highly educated workforce, with over 29% having graduate degrees. The company has been successful due to its emphasis on technology, qualified employees, global presence, and focus on customer satisfaction.
This document is Embraer S.A.'s annual report filed with the U.S. Securities and Exchange Commission on Form 20-F for the fiscal year ended December 31, 2010. It provides information on Embraer's identity, operations, financial results, subsidiaries, risk factors, and securities. Specifically, it discloses details regarding Embraer's capital structure, corporate governance, audited financial statements prepared under IFRS, and registration of securities on the New York Stock Exchange.
Financial Presentation - Farnborough AirshowEmbraer RI
1) Embraer delivered 161 jets in the first half of 2006, up from 101 jets delivered in the same period in 2005. Revenues for the first quarter of 2006 were $3.8 billion, up 39.6% from 2005.
2) In 2004, Embraer restated its balance sheet and cash flows, reclassifying $243.5 million in securities from cash equivalents to temporary cash investments. This had no impact on Embraer's net cash position.
3) As of March 2006, Embraer had $1.39 billion in total debt, with 72% in long-term loans at an average cost of 6.9-11.8% annually
Embraer Day NY 2009 - Finnancial PresentationEmbraer RI
- The document provides Embraer's 2008 financial overview, with record jet deliveries and revenues. Net income was lower due to hedge losses.
- Guidance for 2009 projects lower but still strong deliveries and revenues compared to previous years, with an estimated EBIT margin of 10%.
- Embraer achieved or exceeded its targets for 2008, with diversified revenues, continued gross margin stability, and the highest order backlog in its history.
Africa Evolves, but it needs you - LBS Africa Day Conference 2010LBS Africa Club
Africa represents a small part of the global economy but has opportunities for growth. While Africa has experienced increasing stability and economic growth in recent decades, it still faces numerous challenges including poverty, low access to financial services, and underdeveloped infrastructure. The global financial crisis has caused growth to slow, but Africa is expected to see a recovery in 2010. Foreign investment will be critical to Africa's continued development, and opportunities exist in natural resources, agribusiness, and infrastructure development. IFC is focusing on supporting private sector growth in Africa through financing, advisory services, and improving the investment climate.
The document discusses opportunities in Mexico's aerospace industry for foreign investment. It notes that aerospace companies are increasingly locating operations in Mexico to take advantage of lower wages and an increasingly skilled workforce. Mexico's aerospace exports have more than tripled since 2004. Companies like Bombardier and Goodrich have established new factories in Mexico to manufacture aircraft parts at significantly lower costs. The electronics and automotive industries have also seen major investment and growth in Mexico due to competitive advantages like labor costs and geographic proximity to the US market.
By David J. Spielman, Fatima Zaidi, and Kathleen Flaherty. Presented at the ASTI-FARA conference Agricultural R&D: Investing in Africa's Future: Analyzing Trends, Challenges, and Opportunities - Accra, Ghana on December 5-7, 2011. http://www.asti.cgiar.org/2011conf
The document discusses the oil and gas sector, including oil production capacity and demand over time. It shows that while production capacity has increased significantly since 1970, demand has closely matched capacity. It also discusses key terminology like SCADA systems and BTUs. Finally, it provides an overview of where oil comes from naturally and the multi-step process of exploring for oil deposits, setting up drilling rigs, drilling wells, confirming the presence of oil, and finally extracting the oil.
The document summarizes renewable energy and energy efficiency investment opportunities in Morocco. Morocco imports a large portion of its energy needs and aims to reduce its dependence on imports through developing renewable sources like wind and solar. Morocco has significant potential for wind and solar energy due to its unique location and climate. The country also has a goal of reducing energy consumption 12% by 2020 through national energy efficiency programs focused on industry, transport, and residential sectors.
Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel ConferenceAnglo American
We aim to deliver a future with real and sustainable value. Read our presentation as delivered by Cynthia Carroll, Chief Executive, Anglo American, at the Bank of America Merrill Lynch 2012 Global Metals, Mining & Steel Conference.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
You are viewing presentations from conferences that I have attended. Please enjoy & if we can help you with any logistics projects in the Americas please contact me at 678.364.3475
Bill was also on the Board of Directors for the St.Vincent DePaul Foodbank in Roseville California helping with the fund raising and meals to the poor program. While based in Northern California he was successful in fund raising programs for the Crusade of Mercy and helped Father Dan Madigan at the Sacramento Food Bank also. For 2008, Bill is a member of the Board for WORKTEC on also an Advisory Board Member for Boys and Girls Club for Metro Atlanta-Clayton County Chapter. See www.worktec.biz or www.bgcma.org . Bill is also on the Board of Directors for the Southeastern Warehouse Association & represents Georgia for 2010-2012.
Regards,
Bill Stankiewicz
Vice President and General Manager
Shippers Warehouse
Email: williams@shipperswarehouse.com
www.shipperswarehousega.com
http://www.linkedin.com/in/billstankiewicz2006
http://twitter.com/BillStankiewicz
http://www.topexecutivesnet.com/index.aspx
Anglo American: Deutsche Bank BRICS Metals and Mining ConferenceAnglo American
Chief Executive Cynthia Carroll presented at the Deutsche Bank BRICS Metals and Mining Conference in London.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
The document discusses content delivery network (CDN) technology trends. It provides an overview of the CDN market size and share from 2010 to 2014. It also describes basic CDN functionality, including how content is cached at edge servers close to users to improve performance. New entrants are aggregating unused infrastructure while some smaller CDNs use Amazon CloudFront.
NAL Energy Corporation is an oil and gas producer focused on light oil with assets in western Canada. Some key points:
- Market cap of $1.2 billion with monthly dividend of $0.07/share and current yield of 10.4%
- Produces over 28,000 boe/day from assets in Alberta, southeast Saskatchewan, and British Columbia. Reserves of 104 MMBoe with 50% liquids.
- Focused on oil drilling for its 2011 $240 million capital program to maintain production of around 28,500 boe/day for the year. Hedges over 50% of oil volumes.
- Operates across different oil resource plays like the Cardium, V
Northwestern Mutual has maintained the highest financial strength ratings from major rating agencies compared to other prominent companies in the individual disability income insurance marketplace. It has received an A++ rating from A.M. Best, AAA from Fitch and Standard & Poor's, and Aaa from Moody's, recognizing its loyal distribution network, favorable historical experience, and commitment to policyholders. The ratings agencies praise Northwestern Mutual's strong operating fundamentals, expense efficiency, and highly productive sales force.
Embraer forecasts strong growth in the regional airline market over the next decade. Regional jets are becoming more widely used in the US and Europe, with passengers increasing by 5-7% annually and aircraft growing larger and flying longer routes on average. Regional jets are opening new route opportunities for airlines and replacing aging turboprops and jets. Embraer expects around 8,000 new regional aircraft deliveries over the next 10 years.
Executive Aviation Presentation - Farnborough AirshowEmbraer RI
This presentation discusses Embraer's business aviation market outlook and new product lines. It states that the business aviation market is expected to grow significantly from 2005 to 2015. Embraer then provides updates on its Legacy 600 and introduces its new Phenom 100 and 300, and Lineage 1000 aircraft models. Production plans and timelines are shared for ramping up the Phenom and Legacy lines between 2008-2009.
Embraer's aerospace business is supported by 5 pillars: high technology, qualified people, global business, cash intensiveness, and flexibility. The company invests heavily in research and development to support high technology. Over 25% of Embraer's 11,048 employees are engineers. Embraer has a global customer base of over 58 countries on 5 continents. The business requires significant cash investments, over $1 billion in the last 5 years alone. Embraer has demonstrated flexibility in adjusting production levels in response to market changes.
Segundo Encontro Anual Com Analistas E Investidores ApresentaçãO FinanceiraEmbraer RI
The document discusses Embraer's second annual investors and analyst meeting. It provides an overview of Embraer's capital structure, stock dividends, third quarter results including the income statement, balance sheet, and key performance indicators. It also discusses Embraer's investments, revenue, earnings, employees, production cycle, and the differences between Brazilian GAAP and US GAAP accounting standards.
- Regional airline markets in the US and Europe are forecast to continue growing, driven by increasing passenger demand for regional travel.
- Regional jets are replacing turboprops as they allow airlines to operate longer routes more profitably and efficiently.
- Embraer is anticipating future market needs by developing new regional jet models like the ERJ 170 and ERJ 190-200 that will have longer ranges and more seats to meet evolving airline network strategies.
- Strong economic growth is expected in major markets like the US, Canada, Western Europe and China, which will support increased demand for regional air travel and aircraft over the next decade.
Embraer is a Brazilian aerospace company founded in 1969 that has grown to employ over 21,000 people worldwide. It has manufacturing plants and offices in Brazil, the United States, France, China, Portugal and Singapore. Embraer focuses on developing high-tech aircraft and works with a highly educated workforce, with over 29% having graduate degrees. The company has been successful due to its emphasis on technology, qualified employees, global presence, and focus on customer satisfaction.
This document is Embraer S.A.'s annual report filed with the U.S. Securities and Exchange Commission on Form 20-F for the fiscal year ended December 31, 2010. It provides information on Embraer's identity, operations, financial results, subsidiaries, risk factors, and securities. Specifically, it discloses details regarding Embraer's capital structure, corporate governance, audited financial statements prepared under IFRS, and registration of securities on the New York Stock Exchange.
Financial Presentation - Farnborough AirshowEmbraer RI
1) Embraer delivered 161 jets in the first half of 2006, up from 101 jets delivered in the same period in 2005. Revenues for the first quarter of 2006 were $3.8 billion, up 39.6% from 2005.
2) In 2004, Embraer restated its balance sheet and cash flows, reclassifying $243.5 million in securities from cash equivalents to temporary cash investments. This had no impact on Embraer's net cash position.
3) As of March 2006, Embraer had $1.39 billion in total debt, with 72% in long-term loans at an average cost of 6.9-11.8% annually
Embraer Day NY 2009 - Finnancial PresentationEmbraer RI
- The document provides Embraer's 2008 financial overview, with record jet deliveries and revenues. Net income was lower due to hedge losses.
- Guidance for 2009 projects lower but still strong deliveries and revenues compared to previous years, with an estimated EBIT margin of 10%.
- Embraer achieved or exceeded its targets for 2008, with diversified revenues, continued gross margin stability, and the highest order backlog in its history.
This document provides a summary of an aircraft manufacturer:
1) The company was established in 1969 and has operations across four segments, including commercial and executive aviation, defense, and security. It has a global footprint and diversified customer base.
2) It has a strong balance sheet with a net cash position and investment grade ratings. The management team is highly experienced.
3) The company has a broad portfolio of commercial and executive aircraft, and is a leading supplier of regional jets between 30-120 seats. It has over 6,800 aircraft on order and forecasts strong future demand for its aircraft.
The airline market update provides an overview of key trends in the global airline industry and for Embraer's product lines. The industry is recovering from the economic downturn but faces risks from high oil prices. Embraer's ERJ 145 family has over 1,100 aircraft delivered while the E-Jets family has over 700 delivered and nearly 1,000 orders. Both product lines have a well-established global customer base and network of service centers.
This document provides Embraer's earnings results for the fourth quarter and full year of 2014. It summarizes key financial highlights including commercial, executive, and defense aircraft deliveries and orders. It also provides Embraer's financial results for net revenues, expenses, EBITDA, net income, inventories, investments and cash flow. The presentation concludes with Embraer's outlook for 2015, forecasting net revenues of $6.1-6.6 billion, EBITDA of $730-860 million, and a 2015 consolidated outlook.
Engineering and Development EMBREAR DAY 2006Embraer RI
This document discusses Embraer's portfolio evolution over several decades from the 1970s to the 2000s. It highlights key aircraft models and technological advancements during each decade, such as the introduction of pressurized cabins and fly-by-wire systems in the 1970s, FAR-25 certification and advanced avionics in the 1980s, the EMB 145 and ERJ family in the 1990s, and the Legacy 600, EMBRAER 170/190 families in the 2000s. The document also discusses Embraer's investments in engineering programs, tools, testing facilities and technology development to support its product innovation.
2005* Embraer Day Engineering Presentation (DisponíVel Apenas Em InglêS)Embraer RI
This document discusses Embraer's evolution and investments in engineering and technology over 35+ years. It highlights growth in engineering manpower from 550 to over 3,000 employees and specialized training programs. Embraer has increasingly invested in new technologies like virtual reality, digital mockups, simulation tools and testing facilities to enhance product development and reduce cycle times. Its Gavião Peixoto flight test center has excellent runway infrastructure and weather for year-round testing.
Embraer Day - Airline Market PresentationEmbraer RI
The document discusses the airline market and Embraer programs. It notes that while the global economy is facing a recession, long-term projections still show air travel demand growing around 3% per year. It also provides an overview of Embraer's ERJ 145 family of regional jets, including order book and delivery details. Fuel prices are down from highs earlier in 2008 but may rise again. US airlines are expected to see improved profits in 2009 through lower fuel costs and significant capacity cuts. Overall, consolidation in the industry is anticipated along with continued efficiency measures by airlines.
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.
“This whole week the markets have been falling, and this was going to happen anyway. The markets had rallied without fundamentals and were running on excess liquidity,” said SMC Capitals equity head Jagannadham Thunuguntla.
“The budget was the trigger for the fall. In the absence of major policy announcements, the markets just plummeted,” added Thunuguntla.
Encontro de investidores em ny mercado de aviação comercialEmbraer RI
The document discusses trends in the commercial airline market and the role of 30-120 seat aircraft. It notes that economic growth is projected to sustain air travel demand growth between 2006-2025. Traffic is recovering at strong rates globally though the revenue environment remains challenging with world yields declining in real terms. The outlook also discusses factors like the end of consistently cheap jet fuel and how aircraft like Embraer's E-Jets are well-suited to match capacity to varying market demands. A forecast is provided for commercial aircraft demand over the next 20 years.
Encontro de Investidores em NY - Mercado de Aviação ComercialEmbraer RI
The document discusses trends in the commercial airline market and opportunities for 30-120 seat aircraft. It notes that while air travel demand is growing, yields remain low, fuel costs are high, and competition is increasing. Low-cost carriers continue to gain market share. The presentation identifies over 6,000 routes globally with low daily frequencies that could potentially be served by smaller aircraft to match capacity to demand more efficiently. Overall the market outlook is positive, with opportunities for airlines to right-size operations and replace aging jets with more efficient 30-120 seat aircraft.
2006 - Embraer A&I Meeting Airline MarketEmbraer RI
The presentation discusses trends in the commercial airline market and opportunities for 30-120 seat aircraft. It notes that traffic is recovering strongly but the revenue environment remains challenging. Fuel costs are significantly higher than in the past. Low-cost carriers continue to gain market share from network carriers. Many routes have low daily frequencies and flights often depart with loads suitable for smaller aircraft, representing opportunities for rightsizing. The replacement of older, less efficient jets with new regional aircraft is allowing airlines to better match capacity to demand.
METRIC GLOBAL is an investment advisory and boutique investment bank based in Paris that specializes in the aviation and tourism sectors. It was founded in 2004 and has offices in 6 major cities globally. METRIC has completed 22 deals in the past four years, 13 in aviation and 9 in tourism. The management team consists of 4 partners who have all been with the firm for 4 years.
2005 - 5th Us Analyst Investors Meeting Commercial Airline MarketEmbraer RI
The document discusses key trends shaping the airline industry, including increased competition from low-cost carriers and regional airlines. It notes the industry is facing fundamental changes like a new type of passenger, greater focus on cost reduction, and clashes between different airline business models. Traffic volumes have been shifting from network carriers to low-cost and regional airlines. Yields have also been declining across the industry compared to 2000 levels.
Transition Network Conference 2012 - Community Energy Workshop - OvescoTransition Network
Part of the 'Bringing Power to the People: starting your own community renewable energy project' workshop held at the Transition Network Conference 2012, London, UK.
Presented by Chris Rowland of OVESCO, Peter Capener of Bath and West Community Energy, Allan Shepherd, author of "The Home Energy Handbook", and Frank Gordon of Westmill Solar Cooperative. Chaired by Peter Lipman of Transition Network.
Presentation to ISOC INET Qatar Conference, 27 November 2012, focusing on the Middle East and North African in a Global Perspective. Based on the Global Values Project at the OII, University of Oxford.
Marshall Larsen, Chairman and CEO of JPMorgan Aviation & Transportation Conference 2009, discusses the current state of the aerospace industry and Goodrich Corporation. He notes that while oil prices have stabilized, the economic outlook remains uncertain. The global airline industry has cut capacity significantly in response to high fuel costs and falling demand. Goodrich has a balanced portfolio across commercial aircraft OE and aftermarket, defense, and space. Its top programs like the F-35 will drive future growth. Goodrich is well positioned compared to its peers due to its market leadership, platform exposure, and focus on high-margin aftermarket sales.
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Apresentação do gerente executivo de relacionamento com investidores, theodor...Petrobras
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Audience Behaviour: Bring Back that Lovin‘ Feelin‘AchillesMedia
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This document provides an overview of Salomon Smith Barney's Latin Conference on March 7-8, 2002. It includes forward-looking statements about Embraer's financial performance and expectations. Some highlights discussed are that Embraer is the 4th largest commercial aircraft manufacturer, has a premier global customer base, and had strong financial performance in 1999-2001. It provides details on Embraer's commercial jet families, including 866 orders for the ERJ 135/140/145 family and 112 orders for the new EMBRAER 170/175/190/195 family. The document also discusses the transition of the airline industry after 9/11, including rightsizing capacity by transferring routes to regional jets.
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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.
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.
This document provides Embraer's earnings results for the 2nd quarter of 2015. It highlights record backlog and free cash flow. Key metrics like operating income, net income, and earnings per share all increased over the prior year. The outlook for full year 2015 was revised with increases to expected revenues, EBITDA, EBIT, and net income. Aircraft deliveries remained strong with growth in commercial, executive, and defense segments.
1. AIRLINE MARKET OUTLOOK
Frederico Fleury Curado
Executive Vice-President, Airline Market
Farnborough 2006
Investors Meeting
July 19th, 2006
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.
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
3. Contents
Q Airline Market Scenario and Trends
Q Important Issues in the 30-120 Seat Segment:
§ RJ 50: an intrinsic part of the air transportation system
§ E-Jets: matching aircraft capacity to market demand
Q Market Forecast
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
5. Positive World Economic Scenario
2006-2025 economic scenario is sustaining Air Travel Demand growth
Projected Traffic and Economic Growth by Region (Average Annual Growth)
World
USA, Canada & Caribbean
Latin America
Europe
RPK
Russia & CIS GDP
Africa
Middle East
Asia Pacific
China
0% 1% 2% 3% 4% 5% 6% 7% 8%
Source: Global Insight and Embraer
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
6. Increased Air Travel Demand
Traffic is recovering at strong growth rates but in another environment
7000 80%
RPK ASK Load Factor
78%
6000
76%
Billion (RPK & ASK)
5000
% (Load Factor)
74%
4000 72%
3000 70%
68%
2000
66%
1000
64%
0 62%
1995
1996
1996
1998
1999
2000
2001
2002
2003
2004
2005
2006F
2007F
6.3% yoy 7.7% yoy 6.4% yoy
Source: ICAO - Contracting States - Scheduled Airlines
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
7. Revenue Environment
World yields are improving, but trend in real terms remains low
105
100
95
Index (1994=100)
90
85
80
75
World Nominal Yield
70
World Real Yield (adj. for US inflation)
65
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005F 2006F 2007F
World real yields in 2005 are 28% lower than 1994 values in an
environment where LCCs pricing power is the main driver.
Source: ICAO (Contracting States - Scheduled Airlines), Global Insight (USA CPI Inflation) and IATA Economics
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
8. Financial Net Results
Some improvement to profitability, projecting a healthier 2007
North America
Europe
-6.7 -5.2 0.0 World
1.6 1.3 1.4
-3.2 -3.0 3.3
2005 2006F 2007F
Middle East
2005 2006F 2007F 0.2 0.1 0.3
2005 2006F 2007F
2005 2006F 2007F Asia Pacific
Latin America 2.1 1.7 2.0
Africa
-0.1 0.1 0.2
-0.4 -0.9 -0.6
2005 2006F 2007F
2005 2006F 2007F
2005 2006F 2007F
Source: IATA (Jun/06) Values in US$ Billion
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
9. End of Cheap Jet Fuel
Lack of spare oil production capacity remains è high price trend
85 95
Capacity
90 Crude Oil
80 Demand
Jet Fuel
Millions of Barrel per Day
85
75
Price (US$/Barrel)
80
70 75
70
65
65
60 60
Current jet fuel
55
55 price 48% higher
50 than Jan/05
50 45
May05
May06
Jul05
Mar05
Mar06
Jan05
Jan06
Sep05
Nov05
1970
1975
1980
1985
1990
1995
2000
2005
For coming years oil barrel is expected to stay at
US$60-70 level and jet fuel at US$1.70-1.90/gallon
Source: EIA - Energy Industry Administration (Jun/06)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
10. Higher Competitive Environment
LCC will keep capturing market share from Network carriers
USA Domestic RPM Intra Europe RPK
5%
11% 12%
17% 16% 16%
19%
29% 11%
31% 19%
34%
76%
72%
60% 65%
57%
50%
2000 2005 2010E 2000 2005 2010E
Network LCC Regional
Source: Back Aviation and Embraer
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
11. LCC & Network Cost Convergence
1Q 2006 1Q 2005
Airlines Operating Operating Net Operating Operating
Net Result Net Result Net Margin
Result Margin Margin Result Margin
(MM) (MM) (%)
(MM) (%) (%) (MM) (%)
American $52 -$106 1,0% -2,0% -$44 -$171 -0,9% -3,6%
Continental $11 -$66 0,4% -2,2% -$173 -$186 -6,9% -7,4%
Network
Delta -$485 -$2.069 -13,0% -55,6% -$957 -$1.071 -25,8% -28,9%
Northwest -$15 -$1.104 -0,5% -38,2% -$301 -$529 -10,8% -18,9%
United * -$168 $22.411 -3,8% - -$239 -$1.012 -6,1% -25,8%
US Airways $125 $65 4,7% 2,5% $45 -$174 6,1% -23,7%
ExpressJet $37 $24 9,2% 5,9% $39 $23 10,3% 6,2%
Regional
Skywest $83 $35 11,2% 4,6% $34 $19 10,1% 5,5%
Pinnacle $22 $13 10,4% 6,4% $20 $23 10,3% 12,0%
Republic $48 $17 18,6% 6,6% $37 $15 17,4% 7,1%
Southwest $98 $61 4,9% 3,0% $81 $59 4,9% 3,5%
JetBlue -$25 -$32 -5,1% -6,5% $25 $6 6,7% 1,6%
LCC
Alaska Group -$125 -$79 -17,0% -10,8% $27 -$81 4,2% -12,5%
AirTran -$4 -$5 -1,1% -1,1% -$9 -$8 -3,2% -2,7%
* United: Net Result includes reorganization items (the discharge of claims and liabilities primarily relates to those unsecured claims arising during the
bankruptcy process. United recognized a non-cash reorganization gain of $24.4 billion in the 1Q06).
Source: Airlines (Total System: Domestic and International)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
12. Opportunities for Rightsizing
Additional opportunities are still in the marketplace
6,018
routes with less than two
average daily frequency
41% USA & Europe
Average Daily Frequency by Route
Routes operated exclusively by Jet Aircraft
34%
from 91 – 175 seats up to 2000 nm
% of Routes
17%
6%
2%
0 - 0,5 0,5 - <2 2 - <5 5 - <10 >=10
Source: Back Aviation (OAG 4Q05) Average Daily Frequency
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
14. Regional Airlines – Europe
TP 1995 TP 2005
3026 routes 2810 routes
723 aircraft 666 aircraft
Av. stage length: Av. stage length:
200 nm (370 km) 231nm (428 km)
Last 10 years: RJ fleet grew 700%
and TP shrank by 8%
RJ 1995 RJ 2005
273 routes 1722 routes
37 aircraft 294 aircraft
Av. stage length: Av. stage length:
414 nm (767 km) 387 nm (717 km)
Source: Back Aviation (OAG Jan/06; RJ: ERJ 145 Family, CRJ 100/200 and 328JET)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
15. Regional Airlines – USA
TP 1995
1908 routes TP 2005
1599 aircraft 902 routes
Av. stage length: 740 aircraft
179 nm (332 Km) Av. stage length:
159 nm (295Km)
Last 10 years: RJ fleet grew 3600%
and TP fleet shrank 54%
RJ 1995 RJ 2005
180 routes
2888 routes
36 aircraft
1358 aircraft
Av. stage length:
Av. stage length:
391 nm (724 Km)
395 nm (732 Km)
Source: Back Aviation (OAG Jan/06: RJ: ERJ 145 Family, CRJ 100/200/440 and 328JET)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
16. USA Hub & Spoke System
Hubs are largely dependent on RJs
1. RJs are responsible for 22% of all USA domestic passengers
2. RJs: 3 connecting passengers for each local passenger
Source: Back Aviation (T100 and OD1A: RJ: ERJ 145 Family, CRJ 100/200/440 and 328JET). 2006 FAA Report (DOT Form 41 & Form 298C)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
17. New Market Opportunities - USA
New market opportunities
Selection Criteria:
1. Market Demand: 25-75 PDEWs without
136 potential markets
direct flights
2. Distance Profile: 250 -- 1500 mi
without any direct service
3. Revenue Environment: Yield >= RJ Yield
Source: Back Aviation (OAG 2005) Note: RJ Yield Curve = 2005 Yields for ExpressJet and Pinnacle – 1 coupon)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
18. New Market Opportunities – EU
Point-to-Point – new routes to secondary cities/airports is increasing
1996-2000
2001-2005
0 40 80 120 160 200
Markets
Primary-Primary
Primary-Secondary
Secondary-Secondary
Source: Back Aviation (OAG) and Embraer
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
19. RJ 50 Market Opportunities – China
Most of the routes have low demand density and low frequencies.
59% of total
routes have less
than 1 daily
frequency and
less than
135 pax/day
Source: China Airline Traffic Statistics 2004. Only domestic routes less than1,500 nm
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
20. RJ 50 Market Opportunities – Russia
Old Fleet Replacement
30-60
Seat Segment
244 aircraft
33 years old
(average)
Yak-40 An-24
Jet – 30 seats Turboprop - 50 seats
122 aircraft 122 aircraft
Average Age: 31 yrs Average Age: 34 yrs
61-90 91-120
Seat Segment Seat Segment
Tu-134 Jet - 76 seats Yak-42 Jet - 120 seats
123 aircraft 54 aircraft
Average Age: 28 yrs Average Age: 17 yrs
Source: BACK (Fleet PC Feb06)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
21. RJ 50 Parked Aircraft
Parked
Region Aircraft Type
(as of Jul/06)
CRJ00/200/440 13
Europe
ERJ145 2
Latin America ERJ145 3
USA and Canada CRJ100/200/440 85
Parked % of Fleet
Region Aircraft Type Parked
(as of Jul/06)
CRJ100/200/440 98 9%
WORLD ERJ145 5 1%
Total 103 5%
Source: Back Aviation (Fleet PC 06/Jul/06)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
22. RJ 50 Residual Value (RV) Evolution
RV by Quarter at 12 Years Age
10.00
9.00
8.00
7.00
US$ Million
6.00
5.00
4.00
3.00
2.00 ERJ 145
1.00 CRJ-200
0.00
Q4
Q1
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q3
Q4
Q1
Q2
Q2
Q2
02
03
03
03
04
04
04
04
05
05
05
06
06
03
05
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
ERJ 145s are sustaining Residual Values
Source: MBA Avitas Airclaims, et al
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
23. ERJ 145 Family
The Evolution of Regionals
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
24. ERJ 145 Product Improvements
Design Weights High Altitude Operation Brake Hardware
Optional weight increase: ERJ 145LR ERJ 145ER/LR/XR Models
§ 13,500 ft § Maintenance costs reduction
ERJ 135ER (China) § Original 1000FC Guaranteed
§ Since Dec2005:
MZFW = +400kg (880 lb)
ERJ 145LR/XR New Design
ERJ 145ER § 10,000 ft § ER/LR Model: 1750 FC
§ To be available mid 2006: (North America, South America,
§ XR Model: 1800 FC
MZFW = +250kg (550lb) Mexico, China)
ERJ 145LR ERJ 145ER/MP
§ To be available mid 2006: § 8,500 ft
MTOW = +600kg (1,320lb) (South America, Mexico, EASA)
MZFW = +500kg (1,100lb)
MLW = +500kg (1,100lb)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
25. ERJ 145 Family Orderbook
Firm Firm
Options Total Deliveries Backlog
Orders
ERJ 135 108 2 110 108 -
ERJ 140 74 - 74 74 -
ERJ 145 682 157 839 676 6
Total 864 159 1,023 858 6
(as of June 30, 2006)
THE INFORMATION CONTAINED HEREIN IS THE PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR USED WITHOUT EMBRAER’S WRITTEN CONSENT.
27. USA Dom.: Further Capacity Adjustment Opportunities
Load Factor distribution for USA domestic jet flights
20-40% 41-60% 61-80% 81-95%
4000000
3000000
Number of Flights
2000000
1000000
0
2000 2005 2000 2005 2000 2005
RJ 50 70-110 Narrow-body (120-150)
There are further opportunities in the
capacity adjustment process
Source: Back Aviation (T100)
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28. E-Jets Family - USA & Canada
Jun/06: 114 E-Jets
Jun/06: 114 E-Jets
Avg. Stage Length: 548 nm (1015 km)
Avg. Stage Length: 548 nm (1015 km)
28 E170
Avg. Stage Length:
454 nm (841 km)
15 E175 11 E190 28 E170 17 E190 15 E170
Avg. Stage Length: Avg. Stage Length: Avg. Stage Length: Avg. Stage Length: Avg. Stage Length:
504 nm (933 km) 742 nm (1374 km) 531 nm (984 km) 501 nm (928 km) 1029 nm (1906 km)
Source: BACK/OAG (1H06 routes ; Fleet as of June 30, 2006)
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29. E-Jets Family - Europe
10 E170 + 4 E175 6 E170
Avg. Stage Length: Avg. Stage Length:
527 nm (975 km) 377 nm (699 km)
6 E170 2 E170
Avg. Stage Length: Avg. Stage Length:
423 nm (784 km) 224 nm (415 km)
Jun/06: 28 E-Jets
Jun/06: 28 E-Jets
Avg. Stage Length: 445 nm (824 km)
Avg. Stage Length: 445 nm (824 km)
Source: BACK/OAG (1H06 routes ; Fleet as of June 30, 2006)
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30. E-Jets Family - Asia & Middle East
Jun/06: 14 E-Jets
Jun/06: 14 E-Jets
Avg. Stage Length: 364 nm (675 km)
Avg. Stage Length: 364 nm (675 km)
2 E170 4 E170 8 E170
Avg. Stage Length: Avg. Stage Length: Avg. Stage Length:
377 nm (698 km) 458 nm (848 km) 303 nm (561 km)
Source: BACK/OAG (1H06 routes ; Fleet as of June 30, 2006)
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31. E-Jets Operation
Longest Route Shortest Route
3,274 km (1,768 nm ; 2,033 sm) @ 5:10 hs 137 km (74 nm ; 85 sm) @ 0:37 hs
Air Canada – E190 Saudi Arabian – E170
Calgary Arar
Jouf
New York
Avg. Stage Avg. Elapsed Longest Shortest
Equipment
Length (km) Time (hours) Flight (km) Flight (km)
E170 930 1:50 2,510 137
E175 962 1:55 2,219 150
E190 1,017 2:01 3,274 301
E-Jets 945 1:52 3,274 137
Source: BACK/OAG (2Q06)
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32. Beyond the Current Models...
There is a need for a new TOOL
Regional Airlines
RASK / M
Network Airlines
Low Cost
Carriers
E-Jets
Capacity
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33. E-Jets Family – Efficiency to all Business Models
Regional Network Low Cost
Source: Embraer (Mar/06)
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34. EIS Statistics – E-Jets Family
E170/175 E190/195
Operators 10 Operators 3
Aircraft in Service 122 Aircraft in Service 23
Flight Hours 332,736 Flight Hours 21,375
Flight Cycles 226,429 Flight Cycles 13,666
E170/190 Family
Operators* 12
Aircraft in Service 145
Flight Hours 354,111
Flight Cycles 240,095
(*) Air Canada operates E175 and E190 Source: Airlines (as of Jun 23th 2006)
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35. The E-Jets Family
The 70 to 110-seat market evolution
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36. E-Jets Program
Certification E170 E175 E190 E195
ANAC (CTA) Feb/04 Dec/04 Aug/05 Jun/06
EASA Feb/04 Jan/05 Jun/06 Jul/06
ANAC FAA
EASA FAA Feb/04 3Q06* Sep/05 4Q06*
(*) to be certified
Follow-on Certification
E190 ETOPS CAT IIIa Autoland E170 LCY Steep Approach
Ready for customer operational E170 à Certified • Kit provides a fly-by-wire function
approval: to allow the use of multi-function
E175 à 4Q06 spoilers as lift/drag devices.
ETOPS 75 minutes: end of 2006 E190 à 4Q07 • 650 nm range
ETOPS 120 minutes: end of 2007 E195 à 4Q08 Certification: Dec/06
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37. E-Jets Family Orderbook
Firm Firm
Options Total Deliveries Backlog
Orders
EMBRAER 170 144 116 260 111 33
EMBRAER 175 22 - 22 19 3
EMBRAER 190 253 286 539 33 220
EMBRAER 195 36 40 76 - 36
Total 455 442 897 163 292
(as of June 30, 2006)
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39. Embraer Market Forecast (2006-2025)
Worldwide Jet Deliveries by Capacity Segment
Segment 2006 - 2015 2016 - 2025 2006 - 2025 US$ Bi
30 - 60 500 1,050 1,550 27
61 - 90 1,300 1,650 2,950 65
91 - 120 1,550 1,900 3,450 88
30 - 120 3,350 4,600 7,950 180
121 - 180 5,405 4,780 10,185 610
30 - 180 8,755 9,380 18,135 790
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40. Embraer Market Forecast (2006-2025)
Projected Deliveries: 18,135 jets (30-180 seats)
USA, Canada Russia
& Caribbean Europe
& CIS
3,825 960
7,735 21%
43% 5%
China
Middle East 1,785
392 10%
2%
Latin Asia
America Africa Pacific
1,320 253 1,865
7% 1% 11%
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41. Thank you
70 airlines. 43 countries. 1 manufacturer. EMBRAER
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