executive aviation embraer day 2011 03_25(final) vimp
Post on 05-Dec-2014
1.012 Views
Preview:
DESCRIPTION
TRANSCRIPT
Embraer Day
Executive Aviation Overview
Luís Carlos AffonsoEmbraer Executive Vice-President, Executive Jets
São Paulo – March 25th, 2011
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.
-3
-2
-1
0
1
2
3
4
52002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Source: The Economist, – 2010 // Mar 2011
Gro
wth
Rat
e %
Real GDP growth rate, YoY%
The Economist – Mar11
3,1%
3,6%
3,8%
2010
2,5%
2,7%
3,1%
2011
2,9%
2,9%
3,2%
2012
3,0%
3,0%
3,3%
2013
3,0%The Economist – Dec10
3,1%The Economist – Oct10
The Economist – Mar11
Source
3,0%
2014
World Real GDP
growth
The Economist – Dec10
The Economist – Oct10
World GDP growth rates
0
200
400
600
800
1.000
1.200
1.400
1.600
I II III I I II III I I II III I I II III I I II III I I II III I I II III
2004 2005 2006 2007 2008 2009 2010
bill
ion
s o
f do
llars
Source: BEA – Bureau of Economic Analysis and Embraer estimates – February 2011
U.S. Corporate Profits
Financial
Nonfinancial
2007 avg
Low
Current
+100%
+10%
Global Stock Markets return %
Highlighted area: >10% overall dropSource: Yahoo Finance, February 2011
Stock markets
SSE Composite (China)
IBOVESPA (Brazil)
S&P500 (US)
FTSE100 (UK)
RTS (Russia)
20052007
20062004
2008
2009
2010
130
140
150
160
170
180
190
200
210
220
230
Jan
Feb Mar Apr
May Ju
n
Jul
Aug
Sep Oct
Nov
Dec
Business Jets Traffic – United States
FAA - Total Monthly Flights (Thousands)
Source: FAA – Mar 20111 – 2011 data is preliminary
2011
2005
2007
2006
2004
20082009
25
30
35
40
45
50
55
60
Jan
Feb Mar Apr
May Ju
n Jul
Aug
Sep Oct
Nov
Dec
2010
Eurocontrol - Total Monthly Flights (Thousands)
Business Jets Traffic – Europe
Source: Eurocontrol – Mar 2011
2011
Business Jets For Sale
Source: Embraer analysis – March/2011
Used market: inventory
0
500
1000
1500
2000
2500
3000
3500
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
99 00 01 02 03 04 05 06 07 08 09 10 11
Un
its
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
22%
24%
26%
28%
% o
f act
ive
fleet
Fleet up to 5 yrs and positions Positions
Fleet up to 5 yrs Fleet from 6 to 10 yrs
Fleet older than 10 yrs % for sale (per total active fleet)
up to 10 yrs % for sale
2008: Net increase of 1100 a/c
2009: Net increase of 33 a/c
2010: Net decrease of 155 a/c
2011: Net decrease of 94 a/c
14.2%
2555 jets
9.3%
761 jets
763870
1.1541.040
885
749
2005 2006 2007 2008 2009 2010
Industry deliveries – historical evolution
Units
Source: GAMA reports –Embraer analysis – Mar/11
Industry deliveries – historical evolution
Revenue (billions of US$)
Source: GAMA reports –Embraer analysis – Mar/11
based on B&CA list prices
18,217,2
22,219,3
16,6
13,2
2005 2006 2007 2008 2009 2010
2011-2020 Market Forecast
Forecast
-
200
400
600
800
1.000
1.200
1.400
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
ULTRA LARGE
ULTRA-LONG RANGE
LARGE
SUPER MID-SIZE
MID-SIZE
MID-LIGHT
LIGHT
ENTRY*
New bizjet deliveries (Units)
Source: ACAS and GAMA for the historical data. B&CA list prices and Embraer analysis, Mar 2011
10,000 jets and US$ 210 billion over the next 10 years
2011-20 Market Forecast – World Deliveries
Source: Embraer VAE analysis – Aug/2010.
10,000 jets and US$ 210 billion over the next 10 years
2011-20 Market Forecast – World Deliveries
43.2% North America &
Caribbean
US$ 90.5 Bi
33.3% EMEA
US$ 70.0 Bi
16.7%Asia Pacific
US$ 35.0 Bi
2011-2020 revenues forecast
6.8%China
US$ 14.3 Bi
Source: Embraer VAE analysis – Aug/2010.
3.0%Brazil
US$ 6.3 Bi
6.8%Latin America*
US$ 14.2 Bi
Vision
To become a major player in the Business Aviation Market by
2015 through innovative and differentiating product and
service solutions with added value to our customers and
shareholders.
Differentiated Support
Strong Economics
Prem
ium
C
omfo
rtHigh Reliability
Outstanding
Perform
ance
Value Proposition
Advanced Technology &Innovations
Entry
Light
Mid-light
Mid-size
Super Mid-Size
Large
Ultra-Long Range
Ultra-large
Embraer Product Portfolio
Customer Support & Services
� Service Centers Network - global coverage
� Logistics and Parts Support – global coverage
� Field and Product Support
� Customer Care Program - EEC
� Training Programs – total solution
Customer Support Solution
Over US$ 100 millioninvestment
Service Centers Network
Embraer Service Center
Contracted Authorized Network Presence in 43 locations
EXECUJET Sydney, Australia
New S.C.Mar/11
EmbraerBradley, CT
New S.C.Feb/11
AirworksIndia
New S.C. PhenomFeb/11
TRANSPAÍS Mexico
New S.C.Oct/10
EXECUJET Dubai, UAE
New S.C.Dec/10
EXECUJET Melbourne, Australia
New S.C.Feb/10
Clay LacyCA, EUANew S.C.
Feb/10
EmbraerBrazil
ExpansionJun/10
Service Centers Network – 2010/11 expansion
Embraer Service Center
Contracted Authorized Network
Customer Relationship Web Portal
� Technical Publications
� AHeAD (Health Monitoring)
� Operational Software
� Flight Docs (MaintenanceControl
� Customer Forum
� Parts E-commerce
� Warranty
� Embraer Parts Exchange Program
� Embraer Executive Care Management
� Web Based Training Learning Management System
Integrated relationship tools to enhance customer’s experience
2010 Performance and 2011 Outlook
Legacy 600/650 >190 a/c
Fleet in operation
Lineage 1000 / 170 Shuttle>10 a/c
Phenom 100 ~200 a/c
Phenom 300 ~30 a/c
29% 29% 28% 28% 28% 27%
18% 18% 19% 19%13%
7%
11% 11% 12% 12%18%
22%
23% 22% 23% 24% 21% 21%
3,4% 3,8% 4,6% 4,1% 6,4% 6,9%
10% 8% 8% 8% 8% 6%
10%5% 8% 6% 5% 6%
2005 2006 2007 2008 2009 2010
% O
EM
Sh
are
– T
ota
l R
ev
en
ue
s U
S$
Others
Hawker-Beech
Embraer
Gulfstream
Dassault
Cessna
Bombardier
$13,2Bi $16,6Bi $19,3Bi $22,2Bi $18,2Bi$17,2Bi2010
$ 18,2 Bi
Source: GAMA reports –Embraer analysis – Mar/11
Revenue (US$ - based on B&CA list prices)
2010 Performance - Revenue share (US$)
25% 24% 22% 21% 20% 20%
33% 35% 37% 40%33%
23%
7% 7% 7% 6%9%
12%
12% 13% 13% 14%
11%13%
2,7% 3,1% 3,5% 3,3%14,0% 19,0%
19% 16% 16% 14% 11% 10%
2% 3% 2% 1% 2% 3%
2005 2006 2007 2008 2009 2010
% O
EM
Sh
are
– T
ota
l u
nit
s Others
Hawker-Beech
Embraer
Gulfstream
Dassault
Cessna
Bombardier
2010-Final749 885 1.040 1.154 870
2010 763
Units
2010 Performance - Deliveries share (units)
Source: GAMA reports –Embraer analysis – Mar/11
Melbourne Facility
Ribbon-cutting ceremony: 21 February 2011
Legacy 500 – Program Status
Forward Fuselage
Empennage: Horizontal tail
Aft Fuselage
Forward Fuselage
Center Fuselage & Wing Stub
2011 Delivery Outlook – Executive Jets
Light jets 2011
units 100
Large jets 2011
units 18
Revenue: US$ 1.2 billion in Products + US$ 50 million in Services
THANK YOU !
This presentation is the property of Embraer S.A. ("Embraer") and shall not be copied, in whole or in part,
or used in any manner, except with Embraer´s prior written consent.
Embraer reserves the right to revise this document whenever occasioned by product improvements,
governmental regulations or other good cause.
All images: figures, finishing materials and colors are for illustration purpose only, and may not represent
the real and final product accurately.
Some features are optional items not included in the baseline aircraft and are subject to price increase and
lead-time analysis.
All data presented shall not be used as guarantee. Guaranteed specifications are listed in the technical
description and represent the only binding guarantee.
In the event of any conflict between this presentation and the technical description, the technical
description shall govern.
top related