Singapore, February 15, 2012
– Embraer has re-appointed RACO Trading Phils, Inc., as its Authorized Sales Representative (ASR) in the Philippines. The Manila-based trading company was first appointed in 2010.
“The re-appointment of RACO Trading as our sales representative in the Philippines is an indication of the headway the team at RACO are making to secure Embraer’s presence and profile in this market,” said José Eduardo Costas, Vice President, Asia Pacific, Embraer Executive Jets. “It reaffirms our belief in the Philippine market, and the opportunities that are present there.”
As an archipelago with over 7,000 islands, with a land mass of about 30,000 square kilometers, the Philippines present unique opportunities for air travel, especially for corporations and executives who have to travel between islands quickly. With a portfolio to accommodate every need and terrain, Embraer’s advanced executive jets are perfectly suited for the country.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 counter purchase obligations.
About Embraer Executive Jets
Embraer entered the business aviation market in 2000 after decades spent in the commercial and military aviation business. Today, Embraer Executive Jets is a robust business and offers one of the largest portfolios of executive jets, spanning almost every category available. Its portfolio consists of seven jets: the entry level Phenom 100, light Phenom 300, midlight Legacy 450, midsize Legacy 500, super midsize Legacy 600, large Legacy 650, and ultralarge Lineage 1000. These aircraft offer cabin sizes and flexible ranges that are well-suited to the most diverse demands, permitting greater work productivity and saving valuable travel time, which is enjoyed in comfort and privacy. Embraer has also established a global customer support network of over 50 owned and authorized service centers which are complemented by a 24/7 Customer Contact Center in Sao Jose dos Campos, in Brazil, which provides online support for all Embraer executive jet operators around the world at any time of the day.
Note to Editors
Embraer 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 U.S. Founded in 1969, the Company designs, develops, manufactures and sells aircraft and systems for the commercial aviation, executive aviation, and defense and security segments. It also provides after sales support and services to customers worldwide. On December 31, 2011, Embraer had a workforce of 17,265 employees – not counting the employees of its partially owned subsidiaries – and its firm order backlog totaled USD 15.4 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.