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Agency / Source: Empresa Brasileira de Aeronáutica S.A.

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Embraer China Aircraft Technical Services Established - The new wholly owned subsidiary is the first in China
Embraer China Aircraft Technical Services Established

 

NewswireTODAY - /newswire/ - São José dos Campos, São Paulo, Brazil, 2010/07/06 - The new wholly owned subsidiary is the first in China. NYSE: ERJ; Bovespa: EMBR3

   
 
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In the year of the tenth anniversary of Embraer’s beginning in China, the Company established its first wholly owned subsidiary in that country. Embraer China Aircraft Technical Services Company Ltd. (ECA) is based in Beijing, and its implementation anticipates investments of US$ 18 million.

Embraer’s first step in China was to create a representative office in Beijing, in May 2000. The focus of the initiative was to develop market strategy, guarantee after-sale services, and promote products and industrial cooperation with Chinese aviation pioneers. In 2003, Embraer and the Aviation Industry Corporation of China established Harbin Embraer Aircraft Industry (HEAI), in Harbin, northeast China. The joint venture for producing commercial jets for Chinese airlines delivered its first aircraft in 2004.

In light of the steady growth of its customer base in the country, Embraer strengthened its existing customer support capability by creating ECA. The business scope of the new
subsidiary covers logistics and spare parts sales, as well as consulting services regarding technical issues and flight operations.

“The establishment of Embraer China Technical Services demonstrates our long-term commitment and confidence on the growing Chinese aviation market,” said Guan Dongyuan,
President of Embraer China and CEO of ECA. “Continuous improvement of customer support is vital to the ultimate success of Embraer’s operations in China. Currently, there are more than 70 Embraer aircraft in service in the country, out of 105 firm orders. The new facility will certainly satisfy the demands of current and future customers.”

The official incorporation of Embraer China Technical Services Company Ltd. took place on July 1. According to plan, the new subsidiary will be fully operational within a month.

Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; BM&FBovespa: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Headquartered in São José dos Campos, the sate of São Paulo, Embraer has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore, and the United States. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the commercial aviation, executive aviation, and defense segments. The Company also provides after sales support and services to customers worldwide. On March 31, 2010, Embraer (embraer.com) had a workforce of 16,792 employees – not counting the employees of its partly owned subsidiaries – and its firm order backlog totaled US$ 16.0 billion.

This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect Embraer’s businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where Embraer does business; expectations on industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are supposed to identify potentialities. Embraer does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Embraer expectations.

North America
Christine Manna
E: cmanna[.]embraer.com.
Cell: +1 954 383 9950
T: +1 954 359 3879
F: +1 954 359 4755

Europe, Middle East and Africa
Stéphane Guilbaud
E: sguilbaud[.]embraer.fr.
Cell: +33 6 7522 8519
T: +33 1 4938 4455
F: +33 1 4938 4456

China
Tracy Chen
E: tracy.chen[.]bjs.embraer.com.
Cell: +86 139 1018 2281
T: +86 10 6598 9988
F: +86 10 6598 9986

Asia Pacific
Shorbani Roy
E: shorbani.roy[.]sin.embraer.com.
Cell: +65 9794 2401
T: +65 6305 9955
F: +65 6734 8255.

 
 
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Agency / Source: Empresa Brasileira de Aeronáutica S.A.

 
 

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Embraer China Aircraft Technical Services Established

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Embraer |
Contact: Carlos Eduardo Camargo 
+55 12 3927 1311 carlos.camargo[.]embraer.com.br
 
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