Embraer

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Embraer (NYSE: ERJ) is a Brazilian manufacturer of commercial, military, executive, and agricultural aircraft. It is the third-largest commercial aircraft manufacturer after Boeing and Airbus; it is the market leader in jets, with up to 150 seats. Originally a government-controlled company established to produce aircraft for the Brazilian Air Force, Embraer has been listed on the NYSE and B3 since 2000. It generated revenue of USD 5.3 billion and delivered 181 jets in 2023. Embraer's order backlog as of December 2023 was USD 18.7 billion.

It has five segments: 

  • Commercial Aviation (~20% of total revenue in 2023): Focused on the design, manufacture, and sale of commercial aircraft and aircraft leasing.

  • Defense & Security (25%): Includes R&D, production, and support for military defense and security aircraft and systems as well as advanced cybersecurity and satellite services.

  • Executive Aviation (~13%): Dedicated to the development, production, and sale of executive jets.

  • Services & Support (~12%): Provides aftermarket solutions and support for commercial, executive, and defense aircraft—from MRO services to technical support.

  • Other : Includes the supply of structural parts and agricultural sprayers and the development of electric vertical take-off and landing vehicles (eVTOLs) as well as services and technologies for the air traffic management of eVTOLs.

North America is Embraer's largest market, accounting for ~63% of total revenue in 2022, followed by Europe (~20%), Brazil (~11%), Asia-Pacific (~2%), and Latin America excluding Brazil (~1%). For 2024, the company expects revenue of USD 6.0 billion–6.4 billion and an adjusted EBIT margin between 6.5% and 7.5% (6.6% in 2023). Embraer aims to achieve net-zero status by 2050.

HQ Location:
8501 Avenida Dra. Ruth Cardoso, Pinheiros São Paulo BRA
Founded year:
1969
Employees:
10,000+
Passenger eVTOL Aircraft
Passenger eVTOL Aircraft
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