São José dos Campos, February 1, 2010
– Embraer has appointed Raco Trading Phils, Inc. as its authorized sales representative in the Philippines, and made the announcement, today, during a press conference for the Singapore Airshow, February 2-7. The Philippine company
will promote the full portfolio of Embraer executive jets in that country.
“The Philippines are composed of more than 7,000 islands, with around 300,000 square kilometers of land, making air transportation an absolute necessity for many businessmen. We are confident in our diversified and comprehensive portfolio of executive jets, combined with Raco Trading’s experience and support in this scenario
,” said José Eduardo Costas, Embraer Vice President, Marketing and Sales, Asia Pacific – Executive Jets.
Raco Trading collaborated with Embraer to showcase the entry level Phenom 100 executive jet to key prospects in Manila and Cebu, in the Philippines, in January. These two stopovers were part of a flying demonstration tour throughout Asia Pacific that kicked off in Mumbai, India, in November 2009.
“I am confident that Embraer Executive Jets are the best available products for many Philippine businessmen and companies, delivering state-of-the-art aircraft, with superior comfort, finishing, and style, as well as being the most efficient to operate
,” said Ramon B. Arnaiz, Chairman of Raco Trading.About Raco Trading
Established in 1975 as an import and export commodities trading company, under the guidance of Ramon B. Arnaiz (Chairman) and John Peter Hager (Managing Director), Raco Trading has, over the years, diversified into other areas of business. Today, these areas include the civil aviation industry, through Raco Trading’s representation of manufacturers of civil aviation engines, and, most recently, of Embraer and its line of executive jets.
In addition to its business activities in the aviation industry, Raco Trading actively deals in a diverse range of commodities that include: wood pulp, paper and packaging; tropical oils; security paper and related printing products; feeds and grains; rubber; and metals and minerals. In addition, the company is involved in the management and fulfillment of countertrade and counterpurchase obligations.
Embraer in Asia Pacific
Embraer’s headquarters in Asia Pacific is celebrating ten years in Singapore. However, the Company’s aircraft have been operating in the region since 1978, with the Bandeirante.
In 2007, Embraer set up a world-class training center in Singapore, as well as a regional component distribution center. The Company also has field support representatives and inmarket offices located across the region, with investments totaling more than US$ 40 million.
Customers in Asia Pacific include Air North, Skippers Aviation, Network Aviation, Regional Pacific Airlines, Aerolink, and Virgin Blue (Embraer’s largest E-Jets operator in the region), from Australia; Air Rarotonga, in the Cook Islands; Southwest Air, from Papua New Guinea; Premiair, in Indonesia; Mandarin Airlines, in Taiwan; Paramount Airways, in India; JAL and Fuji Dream Airlines, in Japan; and the Royal Thai Navy and Royal Thai Army.
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. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it 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 December 31, 2009, Embraer had a workforce of 16,853 employees – not counting the employees of its partly owned subsidiaries – and its firm order backlog totaled US$ 16.6 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.