ERJ 145 - Embraer

Institutional
Presentation
November 2003
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.
Company
Highlights
Highlights
ƒ One of the world’s major commercial
aircraft manufacturers
ƒ Significant market share
ƒ Global customer base
ƒ Renamed international partners
ƒ Excellent financial performance
ƒ Brazil’s largest exporter in 1999, 2000
and 2001
Global Presence
Parent Company
São José dos Campos
Venezuela
Venezuela
Colombia
Colombia
Peru
Peru
BRAZIL
4
4
4
4
Located in São José dos Campos, Brazil
Designs and manufactures aircraft for the commercial,
defense and corporate markets and provides after-sales
support
Floor space: 3.05 million sq.ft
Number of employees in São José dos Campos: 10,464
Pa
Parag
raguay
uay
Sã
SãooPPaaul
uloo
Argentina
Argentina
Urugua
Uruguayy
ean
Ocean
Atlantic Oc
Atlantic
Chile
Chile
eann
Ocea
ific Oc
Pacific
Pac
Bolivia
Bolivia
Global Presence
Embraer Eugênio de Melo
São José dos Campos
Venezuela
Venezuela
Colombia
Colombia
Peru
Peru
BRAZIL
Pa
Parag
raguay
uay
Sã
SãooPPaaul
uloo
Argentina
Argentina
Urugua
Uruguayy
4 Located in Eugênio de Melo, a district of São José dos Campos
4 This unit has a total area of 3.6 million sq. ft., of which 527.050 sq.ft.
are industrial buildings used in the development and manufacturing of
tooling equipment, piping, as well as for performing welding, milling and
wire looming operations
ean
Ocean
Atlantic Oc
Atlantic
Chile
Chile
eann
Ocea
ific Oc
Pacific
Pac
Bolivia
Bolivia
Global Presence
Embraer Gavião Peixoto
Gavião Peixoto
Venezuela
Venezuela
Colombia
Colombia
Peru
Peru
BRAZIL
4
4
4
4
4
Pa
Parag
raguay
uay
Sã
SãooPPaaul
uloo
Argentina
Argentina
Located in Gavião Peixoto, Brazil
Manufacturing facility that will host the final assembly activities
of the company´s corporate and defense aircraft, as well as a
runway for flight tests
Site area: 4.12 million sq.ft.
Number of employees: 329
Start-up of operations in October 2001
Urugua
Uruguayy
ean
Ocean
Atlantic Oc
Atlantic
Chile
Chile
eann
Ocea
ific Oc
Pacific
Pac
Bolivia
Bolivia
Global Presence
Operations in Brazil, USA, Europe, Asia and Austrália
GB
EUA
Weybridge
Nashville
Atlanta
Palm Beach Gardens
Fort Lauderdale
China
França
Beijing
Harbin
Le Bourget
Brasil
Gavião Peixoto
Botucatu
São José dos Campos
Cingapura
Cingapura
Austrália
Melbourne
Number of Employees
12,227
12,607
11,048
6,087
94
4,319
3,849
95
96
4,494
97
6,737
98
8,302
99
10,334
00
01
02
Sept 03
April / 97: minimum of 3,200 people
BRAZIL 11,779*
AUSTRALIA 09
CHINA 126
USA 484
EUROPE 199
SINGAPORE 10
* ELEB employees included
Business
Segment
Diversification
Revenue Diversification
Expected Sales Distribution
In Five Years
Current Sales
Distribution
FY2002
Commercial
83%
Commercial
70%
30%
Defense
5%
Corporate
Aviation
6%
Customer
Services
6%
Corporate
Jets
Customer
Service
Defense
Defense
Market
Defense Products
Today
Embraer’s
Airline Customers
&
Orderbook
ERJ 145 Family Orderbook
Firm
Options
Total
Deliveries
Firm
Backlog
ERJ 135
121
6
127
104
17
ERJ 140
94
20
114
74
20
ERJ 145
665
465
1,130
509
156
Total
880
491
1,371
687
193
(September 2003)
ERJ 145 Order Book (as of August 2003)
COUNTRY
CUSTOMER
Austria
Brazil
China
England
RHEINTALFLUG
RIO-SUL
SICHUAN
MANX
BRITISH MIDLAND
BRYMON
REGIONAL
FLANDRE AIR
PROTEUS
CIRRUS
AXON
AIR CARAIBES
ALITALIA
KLM EXEL
LUXAIR
LOT POLISH
PORTUGALIA
SKYWAYS
CROSSAIR (SWISS)
EXPRESS JET (COEX)
AMERICAN EAGLE
WEXFORD
REPUBLIC (Chautauqua)
TRANSTATES
MESA
GATX
GECAS (PB Air - Thailand)
US AIRWAYS
France
Germany
Greece
Guadaloupe
Italy
Holland
Luxembourg
Poland
Portugal
Sweden
Switzerland
U.S.A.
TOTAL
FIRM
ORDERS
3
16
5
23
11
7
17
7
11
1
3
2
14
3
9
14
8
4
25
245
136
38
9
15
36
1
2
0
665
OPTIONS
TOTAL
DELIVERED
0
0
0
3
5
14
0
6
1
0
0
0
7
2
2
0
0
10
15
100
42
0
70
17
45
0
0
132
471
3
16
5
26
16
21
17
13
12
1
3
2
21
5
11
14
8
14
40
345
178
38
79
32
81
1
2
132
1136
3
16
5
23
9
7
14
5
8
1
3
2
13
3
9
14
8
4
25
187
56
38
7
12
32
1
2
0
507
FIRM
BACKLOG
0
0
0
0
2
0
3
2
3
0
0
0
1
0
0
0
0
0
0
58
80
0
2
3
4
0
0
0
158
EMBRAER 170/190 Family Orderbook
Firm
Options
Total
EMBRAER 170
120
128
248
EMBRAER 190
110
150
260
EMBRAER 195
15
30
45
Total
245
308
553
(September 2003)
Backlog
In 3Q03 - US$ 27.7 billion in total orders,
including US$ 10.4 billion in firm orders
US$ billion
30
24.1
Options
Firm Orders
25
23.4
27.1
27.7
16.8
17.3
10.3
10.4
2Q03
3Q03
22.2
19.2
20
17.7
12.7
12.7
13.2
15
11.3
11.3
10
5
0
3.0
11.4
4.1
1.2
1.2
3.0
4.1
1996
1997
1998
10.7
6.4
1999
2000
2001
9.0
7.9
2002
1Q03
Airline Market
Trends and
Outlook
Orlando José Ferreira Neto
Director of Market Intelligence
Regional Airline Market
Scheduled airline services (aircraft from 19 up to 120 seats):
Capacity share % by region
Turboprop
1244
Regional Jet
1293
Turboprop
730
Regional Jet
616
North
North
America
America
54%
348
Regional Jet
168
Europe
Europe
Turboprop
12
26%
Regional Jet
55
Africa
Africa &
&
Middle
Middle East
East
Turboprop
Source: OAG (Jan/2003), Fleet PC (Dec/2002)
6262
3047
6%
Turboprop
181
Regional Jet
Turboprop
Asia/
Asia/
Pacific
Pacific
4%
9%
Total Fleet
China
China
1%
Latin
Latin
America
America
&
& Caribbean
Caribbean
Turboprop
Fleet in Service
Regional Jet
66
Regional Jet
2402
2292
532
94
Market Evolution - USA
Share of US Domestic Passenger Enplanements
100%
5%
3%
9%
13%
7%
80%
16%
16%
19%
60%
91%
84%
40%
71%
65%
20%
0%
1980
Majors
1990
2000
Low Cost/New Entrants
Source: AvStat Associates, Inc. analysis of U.S. DOT data.
2002
Regionals
Market Evolution - Europe
Share of Intra-European RPKs
100%
14%
80%
1%
17%
17%
17%
18%
17%
19%
19%
1%
1%
2%
4%
5%
8%
8%
82%
82%
81%
79%
78%
73%
73%
1996
1997
1998
1999
2000
2001
2002
60%
40%
86%
20%
0%
1995
Majors
Low Cost
Low Cost: easyJet + Go + Ryanair
Source: AEA, ERA, ATI
2002 Low Cost Data Estimated
Regionals
Airline Market - USA
32% 34%
5%
9%
13%
7%
2%
2%
15%
14%
6%
1%0% 3%
5%
-3% -1% -1% -3% -2%
29%
27%
-6%
-13%
31%
28%
20%
18%
14%
13%
2%
2%
-2%
41%
37%
23%
17%
71%
Regional RAA
34%
-2%
-7% -7% -7%
-10% -7% -11% -8%
-12%
-18%
-21%
-23%
Source: Top Regionals, RAA, ATA
Year 2002
Dec
Nov
Oct
Sep
Aug
Jul
jun/02
May
Apr
Mar
Feb
jan/02
Year 2001
Dec/01
Nov
Oct
Sep
Aug
Jul
Jun/01
May
Apr
Mar
Feb
-33%
Jan/01
RPM Growth - Yr/Yr % Change
Domestic ATA
Airline Market - Europe
Intra European+Domestic AEA
Regional ERAA
18%
13%
12%
9%
7%
4%5%4% 5%
10% 10%
9% 8% 8%
4%
5%
6% 6%
4% 4%
8%
8%
9%
8%
9%
6%
6%
4% 4% 4%
4%
2%
0,3%
-1%
-2%
-3%
-5%
Source: ERAA, AEA
-9% -10%
Year 2002
Dec
Nov
Oct
Sep
Aug
Jul
Jun/02
May
Apr
Mar
Feb
Jan/02
Year 2001
Dec/01
-7%
-12%
-13%-13%
Nov
Oct
Sep
Aug
Jul
Jun/01
May
Apr
Mar
Feb
-12%
-5%
-6%
-9% -9% -9%
Jan/01
RPK Growth - Yr/Yr % Change
15%
13%
13%
Industry in Transition after Sep 11th
Rightsizing Capacity vs. Demand: Routes Transferred to RJs
Jet Replacement
Turboprop Replacement
Source: Back OAG (American, Continental, Delta, United, and US Airways)
Industry in Transition after Sep 11th
Rightsizing Capacity vs. Demand: Routes Transferred to RJs
Jet Replacement
Turboprop Replacement
Source: Back OAG Air France, Alitalia and British Airways
US Domestic Yield Evolution
Yield (US¢/RPM)
16
15
14
13
12
11
10
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1998
Source:
1999
2000
2001
2002
2003
An Industry in Transition
•
•
Fundamental Correction – Not a Traditional Cycle
•
Decreasing Average Fare Values
•
Decreasing Capacity (USA)
•
Increasing Low Cost Carrier Critical Mass
•
Increasing Regional Jet Critical Mass
Pressure on Existing Worldwide Airline Model
•
Major USA Airlines re-inventing themselves
• Regional affiliates strongly being used as defensive tools
(point-to-point X hub and spoke)
• Low cost carriers being inserted in the current airline model
Sustaining Regional Jet Growth
1. Turboprop Substitution
• Productivity improvements
• Passenger jet preference
2. Frequency, Frequency . . .
3. Optimization of Old and
Inefficient Narrowbody
Services
• Rightsizing aircraft
with demand
capacity
• Long & thin routes
• New market opportunities
• Profit potential
Regional Jet Networks - USA
Source: Back OAG (ERJ-145/140/135, CRJ-100/200, 328Jet routes)
Jan 1995
–
Jan 2003
– 1874 Routes
76 Routes
Regional Jet Networks - Europe
Jan 1995
– 104 Routes
Jan 2003 – 1072 Routes
Source: Back OAG (ERJ-145/140/135, CRJ-100/200, 328Jet routes)
High Frequency Services
From
Manchester, UK
To
Edinburgh, UK
Date
Jan/2003
Days
Airlines: BD
Depart
Arrive
Eqp
Stop
Duration
xSaSu
7:00a
MAN
07:55a
EDI
ER3
0
00:55
xSaSu
8:55a
MAN
09:50a
EDI
ER4
0
00:55
xSaSu
12:15a
MAN
01:15p
EDI
ER4
0
01:00
xSaSu
5:00p
MAN
06:00p
EDI
ER4
0
01:00
xSaSu
7:55p
MAN
08:50p
EDI
ER4
0
00:55
Jet Complement
From
To
Düsseldorf, Germany
Milan, Italy
Airlines: AZ
Aircraft type: 50 seats Regional Jets
Range
Eqp
(km)
Days of
Operation
Departure
Arrival
January 2002
Destination
DUS
MXP
644
MD80
daily
07:00a
08:35a
DUS
MXP
644
ERJ 145
daily
11:45a
01:20a
DUS
MXP
644
ERJ 145
daily
04:10p
05:45p
DUS
MXP
644
ERJ 145
daily
08:35p
10:10p
January 2003
Origin
January 2003
DUS
MXP
644
A319
daily
07:00a
08:30a
DUS
MXP
644
A319
daily
11:45a
01:15p
DUS
MXP
644
ERJ 145
daily
05:30p
07:05p
DUS
MXP
644
ERJ 145
daily
07:45p
09:20p
Jet Replacement (Rightsizing)
From
To
Birmingham, UK
Europe
Date
Jan/2003
Orig
Dest
Duration
Airlines: BA
Range
Eqp
Jan 02
BHX
FRA
01:40
766
BHX
GLA
01:00
415
BHX
AMS
01:15
443
BHX
DUS
01:20
597
BHX
EDI
01:00
402
A319
ER4
A319
ER4
B737
RJ
B737
ER4
A319
ER4
49
56
127
54
4
95
79
26
149
32
Monthly Frequencies
Aug02
Jan03
47
26
114
58
43
61
74
33
152
0
0
76
0
57
0
84
0
29
0
34
Responding to Market Needs
37 Seats
44 Seats
50 Seats
Aircraft Commonality
ERJ’s share 95% parts, systems and training commonality within the
aircraft family
• Same engine (AE 3007) hardware
• Same systems and components
• Same ERJ crew type rating
• Common maintenance and training
procedures
• Common ground support equipment
The ERJ 135/140/145 Family Operators have
the necessary infrastructure to support
ERJ 145XR operations
FA 05/May/03
Interior – Cross-Section
3 abreast grants passengers their most desirable seat.
ERJ 145
CRJ200
17.3 in
(.44 m)
17.3 in
(.44 m)
73.0in
16.1 in
(.41 m)
99.5 in
(2.53 m)
(1.85 m)
17.0 in
72.0 in
(1.82 m)
(.43 m)
83.0 in
(2.10 m)
ERJ 145 advantages:
9 Exclusive businessman’s dream premium single seats.
9 One additional inch in aisle width allows easier passenger access.
9 11% more cabin width per seat provides more shoulder clearance.
Field Performance
ERJ 135: Steep Approach Capable
Range from LCY 350 – 600 nm
Typical OEW
Typical Mission Reserves
A1/3 Engine
Pax @ JAR-OPS Rules
ISA
No wind
Operating Cost
Major airline industry economic analysts credit to the ERJ 145 the lowest
operational costs in the 50 seats category.
“Overall, the ERJ 145 has
the lowest per trip costs
(of all compared aircraft in
its class) ...”
AIRCRAFT ECONOMICS issue 47 - Jan/Feb 2000
As seen from the Aircraft Economics final comparison chart
the ERJ 145 has 8.8% lower DOC per trip than the CRJ200.
Operating Cost
Major airline industry economic analysts credit to the ERJ 145 the lowest
operational costs in the 50 seats category.
The ERJ 145 offers aircraftmile costs between 9% and
11% better than the CRJ.
AIRCRAFT COMMERCE
issue 6 - Jul/Aug 1999
The Aircraft Commerce magazine article confirms the operating costs
advantage of the ERJ 145 to be around 10% better than the CRJ200.
Operating Cost
Major airline industry economic analysts credit to the ERJ 145 the lowest
operational costs in the 50 seats category.
The ERJ 145 offers 7%
better aircraft-mile costs
than the CRJ200.
AIRCRAFT ECONOMICS
issue 61 - Jan/Feb 2002
Aircraft Economics magazine article credits again operating
costs advantage to the ERJ 145 over the CRJ200.
Evolution to Longer Stage Lengths
Annual Flights
400.000
2002
300.000
2001
200.000
2000
1999
100.000
1998
19961997
0
100
300
500
1995
700
900
Sector Distance (Miles)
1100
1300
Introducing the ERJ 145 XR Version
ERJ 145 XR
2,000 nm Range
First Delivery
24th October 2002
Embraer’s answer to the market
request for longer range missions
FA 05/May/03
RJ Network – USA (Oct/2003)
< 2 Hours
2 to 3 Hours
> 3 Hours
Regional Jets
Growth
Routes
Jan - Oct 2003
< 2 Hours
9%
2 - 3 Hours
78%
> 3 Hours
68%
Total
23%
Source: Back OAG (ERJ 145/140/135, CRJ-100/200, 328Jet routes)
ERJ 145 XR Design Features
Reinforced fuselage structure
to allow higher design weights
AE3007A1E engine
Winglet
Supplementary fuel tank inside
wing to fuselage fairings
• increased range
• lower fuel consumption
• better field performance
• superior single engine ceiling
• improved hot & high operation
• VMO, MMO and VFE increases
Evolution of Regional
New Nonstop Market Opportunities
ERJ 145 XR
2,000 nm
Houston
Range Capability from Denver
ERJ 145 Family offers
outstanding
performance from Hot &
High airports
1340 nm
ERJ 145 XR
Airp. temp. @ 28ºC
(85% summer reliability)
Airp. temp. @ 36ºC
(99% summer reliability)
FAR Reserves
Taxi allowance
14 minutes
Air Maneuvers
3 minutes
Long Range Cruise
Pax Weight & Baggage
90.7 kg (200 lb)
85% Annual Winds
BOW with thrust reverser
.
Design Weights
ERJ 145 LR is almost 6% better than CRJ200 in Structural Design Efficiency.
ERJ 145XR is 19% better than CRJ200 in SDE, leading therefore to lower
operating costs.
ERJ 145 XR
ERJ 145 LR
Maximum Take Off Weight
24,100 kg
22,000 kg
24,041 kg
Maximum Landing Weight
20,000 kg
19,300 kg
21,319 kg
Maximum Zero Fuel Weight
18,500 kg
17,900 kg
19,958 kg
Basic Operating Weight
12,838 kg ¹
12,361 kg ¹
13,834 kg
Maximum Fuel Load
6,032 kg
5,187 kg
6,489 kg
Maximum Payload
5,662 kg
5,539 kg
6,124 kg
11,262 kg
9,639 kg
10,207 kg
0.88
0.78
0.74
50
50
Maximum Useful Load
Structural Design Efficiency ²
Standard Single Class Seating
¹ Includes reinforced cockpit door and all typical options such as
thrust reversers,
navigation equipment, etc.
†
² Structural Design Efficiency = Max Useful Load / Basic
Operating Weight
19% better
6% better
CRJ200 LR
50
Performance - Mission
Block Times and Block Fuels are about the same for all models.
400 nm sector
Engines
Block Time
ERJ 145 XR
ERJ 145 LR
CRJ200 LR
50 pax
50 pax
50 pax
AE3007 A1E
AE3007 A1
CF34-3B1
80 min
80 min
80 min
1,309 kg
1,304 kg
1,315 kg
1,460 m
1,435 m
1,455 m
1,315 m
1,315 m
1,415 m
ISA enroute, max pax @ 90.7 kg
14 min taxi, FAR reserves, 100 nm alternate
Block Fuel
ISAenroute, max pax @ 90.7 kg
14 min taxi, FAR reserves, 100 nm alternate
Take Off Field Length
ISA, SL, max pax @ 90.7 kg
FAR reserves, 100 nm alternate
Landing Field Length
ISA, SL, max pax @ 90.7 kg
FAR reserves, 100 nm alternate
COC per Trip
ERJ 145 XR offers further advantages at no additional operating
cost with regard to LR version.
800
700
742
699
710
39
40
271
281
310
155
155
155
234
234
234
ERJ 145 LR
50 seats
ERJ 145 XR
50 seats
CRJ200 LR
50 seats
43
COC/Trip (US$)
600
500
400
300
200
100
0
Economic Assumptions (USA)
Utilization
2,500 FH/year
Fuel price
0.75 USD/USGal
Fuel density 6.7 lb/USGal
Crew Function of Block Time
Landing fees Function of MLW
Maintenance Period 5 years
Maint, Labor 25.00 USD/MH
CREW
FUEL
MAINTENANCE
FEES
500 sm sector
ERJ 145 XR Compared to CRJ 200 LR - SUMMARY
List Prices (K US$ - e.c. Dec 2002)
• ERJ 145 XR : 21,300
• CRJ 200 LR : 23,200
ERJ 145 XR
Performance
• Higher range @ 50 pax
• Better Hot & High performance
Range*
2,000 nm
Design
• Lower Basic Operating Weight
• Better SDE (Structural Design Efficiency)
• More integrated systems
Operational Characteristics
• Lower approach speeds
• Better short field performance
Economics
• Better Operating Costs
CRJ200 LR
Range*
1,750 nm
* @ MTOW, LRC, 50 pax @ 90.7 kg.
ERJ 145 Family Positioning
US Domestic Passenger Demand
Passengers per Day Each Way
200
150
ERJ145LR
ERJ145ER
100
ERJ145 XR
50
ERJ135 ER
ERJ135 LR
0
0
200
400
600
800
1,000
1,200
Stage Length – Miles
Source: US DoT O&D data, 2Q, 2002, Embraer
1,400
1,600
1,800
2,000
Opportunities
Beyond the
Current
Airline Model
25
50
75
100
125
Seat Capacity
150
B757
175+
B757
A320
B757
B737
MD80
B737
110 Seats
MD80
B737
A320
B737
A319
ERJ
+
CRJ
CRJ
B757
A320
B737
A319
70 to
A320
A319
ERJ
+
CRJ
ERJ
+
CRJ
B757
B737
MD80
ERJ
+
CRJ
B757
B737
B737
B737
ERJ
Widening Seat Capacity Gap - USA
No Artificial Constraints in Europe
44
44 –– 70
70
131
131 –– 283+
283+
50
50 –– 70
70
109
109 –– 169+
169+
70 to
110 Seats
37
37 –– 80
80
103
103 –– 270+
270+
37
37 –– 85
85
112
112 –– 206+
206+
50
50 -- 80
80
108
108 –– 189+
189+
50 – 111
110
110 –– 180+
180+
50
50 –– 213+
213+
25
50
75
100
125
Seating Capacity
150
175+
The Need for 70-110 Seat Jets
34% of flights
depart with loads
appropriate
27% of flights depart
Percentage of Total Departure
with loads appropriate
for 100-110 seat
aircraft
17%
17%
for 70-80 seat aircraft
14%
13%
9%
8%
7%
4%
4%
2%
3%
2%
<50
50 60
Source: Back (US DOT T100 Jan-Sep 2002)
70
80
90
110
100
Passengers per Departure
120
130
140
>150
Market Opportunities - Global
Rightsizing and Frequency Increase
Average Daily Frequency by City-pair
Routes operated by Jet Aircraft from 91 – 175 seats up to 2000 nm
5150 city pairs with less than
2 average daily frequency
33%
27%
City Pairs
20%
12%
7%
0 - 0,5
Source: OAG (Jan/2003)
0,5 - <2
2-<5
5 - <10
Average Daily Frequency
>=10
Market Opportunities - Global
Replacement of Ageing Aircraft
Fleet in Service (61-120 seat segment - Dec/2002)
500
453
689 aircraft with more than 20 years
Number of Aircraft
400
(34 % of total fleet in service)
372
330
304
277
300
208
200
108
100
0
0-5
6 - 10
11 - 15
16 - 20
21 - 25
Aircraft Age (Years)
Source: Fleet PC (Scheduled Airlines, Active in Service and All Passenger Configuration)
26 - 30
>30
Introducing the
E- Jets
70 – 78 Seats
78 – 86 Seats
98 - 106 Seats
108 – 118 Seats
E-ngineering – 21
st Century
Applying Technology . . .
Aircraft
…to create value to Customer
• Virtual reality tools
• Reduced time to market
• On-board CMC
• Reduced pilot workload
• Fly-by-wire
• High strutural design efficiency
• Full redundant FADEC
• Minimum down time (TAT, checks)
• Fully digital “quiet&dark” cockpit
• Easy maintenance diagnosis
• Top systems/avionics integration
• Low maintenance cost
• World-class parterships
• Reduced fuel consumption
• Smart use of composite materials.
• Cross crew qualification (CCQ)
• Easy aircraft handling
• Optimized mission performance
• High schedule realiabilty.
E-rgonomics – Cabin Spaciousness
Two’s Company – Three’s a Crowd
Everyone gets a window or aisle seat.
Everything you expect…
… in a First Class cabin
• Single seat
9
• Seat comfort
9
• Catering
9
• Stowage
9
• Partition
9
• Exclusive lavatory
9
• Exclusive environment
9
Everything you DON’T expect…
… in an Economy cabin
• Middle seat
X
• Limited baggage space X
• Single lavatory
X
• Narrow aisle
X
• Cramped seating
X
• Limited catering capabilities X
• “Cattle” feeling
X
E-conomics – Profitable by Design
USA Environment
*Based on Total Operating Cost
500 sm for EMBRAER 170/175
BREAK-EVEN*
PROFIT
600 sm for EMBRAER 190/195
EMBRAER 170
78 seat
40 PAX (51%)
38 PAX
44 PAX (51%)
42 PAX
57 PAX (54%)
49 PAX
62 PAX (53%)
56 PAX
EMBRAER 175
86 seats
EMBRAER 190
106 seats
EMBRAER 195
118 seats
*Based on Total Operating Costs; Average OW net fare 500 sm USD 90; 600 sm USD 98
EC 05/May/03
E-fficiency – Range from Dallas
EMBRAER 170
EMBRAER 175
EMBRAER 190
EMBRAER 195
FAR Domestic Reserves
Taxi allowance
14 minutes
Air Maneuvers
3 minutes
Cruise
ISA
Wind
85% Annual Reliability
Pax Weight & Baggage
90.7 kg (200 lb)
E-fficiency – Field Performance
EMBRAER 170: The best field performer
Range from LCY 600 nm
Typical European OEW
Typical Mission Reserves
E5A1 Engine
Pax @ 90.7 kg (200 lb)
ISA
No wind
Embraer
Market
Forecast
Market Forecast
2004-2023
World Deliveries by Segment - Jets
Segment
2004 - 2013
2014 - 2023
2004 - 2023
30 - 60
61 – 90
91 – 120
1,150
1,300
1,250
1,450
1,600
1,700
2,600
2,900
2,950
TOTAL
3,700
4,750
8,450
World (30-120 seat segment): 8,610 jets (US$180 billion)
Market Forecast
2004-2023
30 - 120 Seats: 8,450 Jets
USA,
USA, Canada
Canada
&
& Caribbean
Caribbean
4,740
4,740
56%
Latin
Latin
America
America
625
625
7%
Europe,
Europe,
Middle
Middle East
East
China
China
635
635
&
& Africa
Africa
1,970
1,970
8%
23%
Asia
Asia
Pacific
Pacific
480
480
6%
Market Forecast (Jets)
World (Total Deliveries)
External Sources
Sources
Airclaims
Bombardier
Rolls-Royce
Snecma
GE
Boeing
Average
30-60
1794
1677
1394
1786
1194
1337
1530
2004-2013
61-90 91-120
1135
914
1555
1113
589
805
899
797
950
562
1300
995
930
Embraer
1150
1300
1250
Total
3843
3232
3096
3490
2941
3199
3455
3700
30-60
1071
2183
1510
1867
1250
1399
1547
2014-2023
61-90 91-120
2428
1886
3152
1799
932
904
1075
898
1134
659
1554
1640
1316
Total
5385
5335
4241
3846
3282
3612
4503
2004-2023
Total
9228
8567
7337
7336
6223
6811
7958
1450
1600
4750
8450
1700
Embraer forecast is more conservative when
compared to other forecast sources
Embraer Market Forecast
2004-2023
30 - 60 Seats: 2,600 Jets
USA,
USA, Canada
Canada
&
& Caribbean
Caribbean
1,870
1,870 (840
(840 ++ 1030)
1030)
71%
Latin
Latin
America
America
95
95
4%
Europe,
Europe,
Middle
Middle East
East
China
China
200
200
&
& Africa
Africa
355
355
8%
14%
Asia
Asia
Pacific
Pacific
80
80
3%
ERJ 145 XR Potential Market in 10 years
North America
North America
North America
30-60 Segment
Current Market Share
New Deliveries
Total 30-60 Segment
New Deliveries
ERJ 145 XR Market Potential
5%
840 to 1100 Aircraft
25% - 30% of total
ERJ 145 Family Deliveries
380 to 500
100 to 150 Aircraft
45%
ERJ 145 Family
50%
210 to 300 Aircraft in 20 years
Embraer
Bombardier
Others