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EMBRAER REPORTS THIRD QUARTER DELIVERIES
AND TOTAL COMPANY BACKLOG
Sao Jose dos Campos, October 16, 2002 - Embraer (NYSE: ERJ; BOVESPA: EMBR3 and
EMBR4) today announced third quarter 2002 and nine months jet deliveries and
backlog for its Airline, Corporate Jet & Governmental Transportation markets.
The deliveries by segment were as follows:
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Deliveries By Segment 3rd Quarter Nine months
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2002 2002
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Airline Market
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ERJ 135 - 1
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ERJ 140 10 30
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ERJ 145 18 54
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Total Airline Market 28 85
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Corporate Jet Market
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Legacy Executive 1 3
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Total Corporate Jet Market 1 3
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Defense (*)
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Legacy Executive 1 1
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EMB145 - 1
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Total Defense 1 2
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Total 30 90
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(*) Includes only deliveries for governmental transportation.
Embraer continues to expect delivering 135 jets during 2002, which will
represent 45 deliveries during the fourth quarter 2002.
Embraer's firm order backlog as of September 30, 2002, including defense was US$
9.5 billion. Total backlog, including options, reached US$ 22.6 billion. These
amounts include primarily cancellations of ERJ135 aircraft from one customer
from Africa.
The above mentioned backlog does not include the sales of US$ 510
1
Embraer - Av. Brig. Faria Lima, 2170 - 12227-901 - Sao Jose dos Campos - SP -
Brasil
Embraer - Australia - 13-15 Melrose Court - Tullamarine, Melbourne - Victoria -
3043 - Australia
Embraer - China - 1, Jian Guo Men Wai Avenue, Suite 3617 - China World Trade
Tower I - Chaoyang District, Beijing 100004 - People's Republic of China
Embraer - France - Aeroport du Bourget - Zone d'Aviation d'Affaires - 93352 - Le
Bourget - France
Embraer - Singapore - 391 B Orchard Road # 15 - 01 - Ngee Ann City - Tower B -
238874 - Singapore
Embraer - USA - 276 South West 34th street - Fort Lauderdale - Florida - 33315 -
U.S.A.
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million in firm order and US$ 410 million in options already announced to
Alitalia and Jet Airways, as these contracts are still being finalized.
Embraer's backlog as of September 30, 2002 by product was as follows:
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Product Firm Order Options Deliveries Firm Order
Backlog
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Airline Market
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ERJ 135 122 06 89 33
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ERJ 140 174 45 52 122
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ERJ 145 581 302 446 135
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EMBRAER 170 82 130 - 82
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EMBRAER 195 30 72 - 30
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Total Airline Market 989 555 587 402
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Corporate Jet Market
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Legacy Executive 41 35 3 38
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Legacy Shuttle 25 50 - 25
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EMB 135/145 7 6 7 -
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Total Corporate Jet Market 73 91 10 63
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Defense (*)
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Legacy Executive 1 1 1 -
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EMB 135 / 145 4 - 4 -
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Total Defense 5 1 5 -
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Total 1.067 647 602 465
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(*) Includes only deliveries for governmental transportation.
# # # #
2
Embraer - Av. Brig. Faria Lima, 2170 - 12227-901 - Sao Jose dos Campos - SP -
Brasil
Embraer - Australia - 13-15 Melrose Court - Tullamarine, Melbourne - Victoria -
3043 - Australia
Embraer - China - 1, Jian Guo Men Wai Avenue, Suite 3617 - China World Trade
Tower I - Chaoyang District, Beijing 100004 - People's Republic of China
Embraer - France - Aeroport du Bourget - Zone d'Aviation d'Affaires - 93352 - Le
Bourget - France
Embraer - Singapore - 391 B Orchard Road # 15 - 01 - Ngee Ann City - Tower B -
238874 - Singapore
Embraer - USA - 276 South West 34th street - Fort Lauderdale - Florida - 33315 -
U.S.A.
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www.embraer.com
General Information
- -------------------
Embraer is one of the world's leading manufacturers of commercial aircraft with
a global customer base. Embraer is headquartered in Sao Jose dos Campos, state
of Sao Paulo, with regional offices in the United States, Europe and Asia.
Customer service centers in Australia, France and the United States, and a total
workforce of 12,161 people at September 30, 2002. Embraer -Empresa Brasileira de
Aeronautica S.A. was Brazil's largest exporter from 1999 until 2001 and second
largest in 2002. In September 30, 2002, its backlog for firm orders amounts to
US$ 9.5 billion and the total amounts to US$ 22.6 billion, including in options.
Embraer has 32 years of experience in designing, developing, manufacturing,
selling and providing after sales support to aircraft aimed for the world
airline, defense and more recently to the corporate markets.
IR Contacts
- -----------
Gustavo Poppe - IR Manager
Milene Petrelluzzi - IR Analyst
Paulo Ferreira - IR Analyst
Phone : +55 12 3927 1216
Fax : + 55 12 3922 6070
e-mail : mercapit@embraer.com.br
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This press release 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. 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 markets; anticipated trends in our
industry; our expenditure plans; our ability to develop and deliver our products
on a timely basis; and existing and future governmental regulation.
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 press release might not occur. Our actual
results could differ substantially from those anticipated in our forward-looking
statements.
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3
Embraer - Av. Brig. Faria Lima, 2170 - 12227-901 - Sao Jose dos Campos - SP -
Brasil
Embraer - Australia - 13-15 Melrose Court - Tullamarine, Melbourne - Victoria -
3043 - Australia
Embraer - China - 1, Jian Guo Men Wai Avenue, Suite 3617 - China World Trade
Tower I - Chaoyang District, Beijing 100004 - People's Republic of China
Embraer - France - Aeroport du Bourget - Zone d'Aviation d'Affaires - 93352 - Le
Bourget - France
Embraer - Singapore - 391 B Orchard Road # 15 - 01 - Ngee Ann City - Tower B -
238874 - Singapore
Embraer - USA - 276 South West 34th street - Fort Lauderdale - Florida - 33315 -
U.S.A.