São José dos Campos, July 6, 2010
– 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.Note to Editors
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 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.
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