Embraer Welcomes Brazil’s President With $390 Million Investment And 900 Jobs

April has been a big month for Brazil’s aerospace company, Embraer. Just a week after announcing its highest order backlog over the past seven years of $21.1 billion, the Embraer team rolled out the red carpet to welcome the President of Brazil to its headquarters in São José dos Campos.

Some bold moves by Embraer

On April 26, the President of Brazil, Luiz Inácio Lula da Silva, visited the Embraer headquarters and main manufacturing site at São José dos Campos, around 60 miles from São Paulo, Brazil. The President would have been delighted to hear that Embraer will invest approximately $390 million and hire 900 additional employees this year.

Embraer is making these very significant investments to meet increased aircraft production and anticipated future growth by developing new businesses, products and services. Last year, the company had already added 1,500 people to its workforce to return to pre-pandemic levels and currently has around 19,000 direct employees worldwide, with around 88% of those based in Brazil.

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Embraer operates through four main business segments: Commercial Aviation, Defense and Security, Executive Aviation and Services and Support. In the first quarter of 2024, Embraer delivered 25 aircraft, a 67% increase compared to the same period in 2023, and expects to deliver a total between 197-215 aircraft during 2024.

Photo: Embraer

The new investment will be used for research and development projects looking at new technologies, such as those needed for eVTOLs (electric vertical take-off and landing vehicles) and the expansion of aeronautical services. That expansion will support converting passenger aircraft into cargo planes, defense and security, efficiency improvement projects and the expansion of industrial activities.

Some good news from the President to the President

Embraer President and CEO Francisco Gomes Neto said that the business is beginning a new phase of growth based on efficiency and innovation and is focused on capturing its full potential in the different operating segments to achieve more sustainable aviation.

“And through partnerships with the public and private sector, we are expanding sales, opening new markets and investing in new technologies, which makes it possible to increase the export of high-value-added products and create thousands of highly qualified jobs in Brazil.”

Around 90% of the new jobs are for hands-on operational roles, and the 900 new staff will be added throughout the rest of the year. The roles will create opportunities for mechanics, electricians, millers, molders, aircraft maintenance technicians and experienced quality technicians.

Photo: Guilherme Amancio Moreno | Shutterstock.

Embraer will also be looking for production trainees who will undergo training and qualification processes with internal mentors. Positions will also be open for engineers and other administrative roles. At the end of March, Embraer had a firm order total backlog of 381 aircraft valued at $21.1 billion, a 13% year-on-year increase.

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Last year, Embraer generated a total revenue of $5.26 billion, and this year, it expects revenue to grow to between $6 and $6.4 billion. The delivery of 181 jets helped boost that revenue, and this year, it forecasts deliveries of between 72 and 80 commercial aircraft and between 125 and 135 executive jets.

Photo: Embraer

As the photos show, President Luiz Inácio Lula da Silva helped launch an Azul E195-E2 passenger jet, one of 13 it will receive this year. The Q1 backlog for E195-E2s was 179 aircraft, with Azul leading the list with 51 unfilled orders, followed by Canada’s Porter Airlines with 43 aircraft and lessor Aercap with 28.

Embraer is the leading manufacturer of commercial jets with up to 150 seats and the leading exporter of high-value-added goods in Brazil. It has delivered more than 8,000 aircraft since it was founded in 1969 and has offices, service and parts distribution centers, among other activities, across the Americas, Europe, Asia and Africa.

Have you flown in an Embraer aircraft recently? Let us know about it in the comments.