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EMBRAER REPORTS 2003 DELIVERIES AND TOTAL COMPANY BACKLOG
Sao Jose dos Campos, January 15, 2004 - Embraer (Bovespa: EMBR3 and EMBR4; NYSE:
ERJ) today announced its total backlog, 2003 and fourth-quarter 2003 deliveries
for the Airline, Corporate and Defense markets.
Deliveries by segment were as follows:
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Deliveries by Segment 4th Quarter 2003
2003
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Airline Market
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ERJ 135 1 14
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ERJ 140 - 16
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ERJ 145 22 57
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Total Airline Market 23 87
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Corporate Jet Market
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Legacy 6 13
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Total Corporate Jet Market 6 13
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Defense (*)
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EMB 145 1 1
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Total Defense Market 1 1
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Total 30 101
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(*)Includes only deliveries for government authority transportation
Embraer delivered 101 aircraft in 2003 compared with its forecast of 102
aircraft. In the fourth quarter of 2003, Embraer expected to make 31 deliveries,
but one was delivered in January 2004.
Embraer maintains its forecast for deliveries of 160 and 170 Commercial,
Corporate and Defense aircraft (including only authority transport aircraft) in
2004 and 2005, respectively.
As of December 31, 2003, Embraer's firm order backlog, including the Airline,
Corporate and Defense markets totaled US$ 10.6 billion. Backlog including
options reached US$ 28.1 billion.
The Air Canada commercial proposal announced on December 19 is not included in
the order book. It is Embraer's policy to include only firm contracts in the
order book.
Embraer's Commercial Aviation order book by product in December 2003 was as
follows:
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Product Firm Options Deliveries Firm Order
Orders Backlog
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Commercial Aviation
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ERJ 135 122 7 105 17
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ERJ 140 94 20 74 20
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ERJ 145 675 475 531 144
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EMBRAER 170 120 125 - 120
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EMBRAER 190 110 150 - 110
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EMBRAER 195 15 30 - 15
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Total 1,136 807 710 426
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Embraer Image Gallery
- ---------------------
Now you can download images of Embraer products in different resolutions,
accessing directly the Embraer Image Gallery at http://www.embraer.com.
Note to Editors
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Embraer (Empresa Brasileira de Aeronautica S.A. - NYSE: ERJ; Bovespa: EMBR3 and
EMBR4) is a major aerospace company with 34 years of experience in designing,
developing, manufacturing, selling and providing after sales support to aircraft
for the global airline, defense and corporate markets. With headquarters in Sao
Jose dos Campos, state of Sao Paulo, and offices and customer service bases in
Australia, China, France, Singapore and the United States, the Company, as of
the end of the 4th Quarter 2003, has a total workforce of 12,941 people. Embraer
is among Brazil's leading exporting companies. As of December 31, 2003 Embraer's
firm order backlog totaled US$ 10.6 billion.
IR Contacts
- -----------
Anna Cecilia Bettencourt
Daniel Bicudo
Milene Petrelluzzi
Paulo Ferreira
Phone: 55 (12) 3927 1216
Fax 55 (12) 3922 6070
e-mail: investor.relations@embraer.com.br
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| 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 the Company'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 the Company 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. The Company 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 Company expectations. |
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Attachment:
FIRM ORDER BACKLOG
COMMERCIAL AVIATION MARKET
December 31, 2003
- - ERJ 135:
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Client Country Firm Orders Deliveries Firm Order
Backlog
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American Eagle USA 40 40 0
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British Midland Great Britain 4 2 2
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City Air Sweden 2 2 0
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Express Jet USA 30 30 0
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Flandre Air France 3 3 0
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Pan Europeenne France 1 1 0
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Proteus France 3 3 0
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Regional Airlines France 3 3 0
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SA Airlink South Africa 20 5 15
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Jet Magic USA 1 1 0
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Republic (Wexford) USA 15 15 0
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TOTAL 122 105 17
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- - ERJ 140:
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Client Country Firm Orders Deliveries Firm Order
Backlog
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American Eagle (1) USA 59 59 0
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Midwest USA 20 0 20
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Republic (Wexford) USA 15 15 0
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TOTAL 94 74 20
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- - ERJ 145:
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Client Country Firm Orders Deliveries Firm Order
Backlog
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Air Caraibes Guadaloupe 2 2 0
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Aerolitoral Mexico 5 0 5
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Alitalia Italy 14 14 0
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American Eagle(1) USA 136 62 74
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Axon Airlines Greece 3 3 0
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British Midland Great Britain 11 9 2
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British Regional Great Britain 23 23 0
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Brymon Great Britain 7 7 0
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Cirrus Germany 1 1 0
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ERA Spain 2 2 0
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Express Jet USA 245 195 50
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Flandre Air France 7 5 2
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GECAS (PB Air) USA 2 2 0
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KLM Exel Holland 2 2 0
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LOT Poland 14 14 0
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Luxair Luxemburg 9 9 0
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Mesa USA 36 36 0
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Portugalia Portugal 8 8 0
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Proteus France 11 8 3
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Regional Airlines France 17 14 3
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Rheintalflug Austria 3 3 0
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Rio-Sul Brazil 16 16 0
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Sichuan Airlines China 5 5 0
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Skyways AB Sweden 4 4 0
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SWISS Switzerland 25 25 0
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Trans States USA 15 15 0
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Republic (Wexford) USA 52 47 5
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Total 675 531 144
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(1) In the third quarter of 2003, American Eagle converted 80 firm orders and 25
options on the ERJ 140 into ERJ 145s
EMBRAER 170
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Client Country Firm Orders Deliveries Firm Order
Backlog
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Air Caraibes Guadaloupe 2 0 2
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Alitalia Italy 6 0 6
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Cirrus Germany 1 0 1
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GECAS USA 5 0 5
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LOT Poland 6 0 6
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SWISS Switzerland 15 0 15
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US Airways USA 85 0 85
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Total 120 0 120
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EMBRAER 190
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Client Country Firm Orders Deliveries Firm Order
Backlog
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Jet Blue USA 100 0 100
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Undisclosed 10 0 10
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Total 110 0 110
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EMBRAER 195
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Client Country Firm Orders Deliveries Firm Order
Backlog
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SWISS Switzerland 15 0 15
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Total 15 0 15
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PRESS Headquarters North America Europe, Middle East
OFFICES and Africa
Rosana Dias: Doug Oliver:
rosana.dias@embraer.com.br doliver@embraer.com Stephane Guilbaud:
Cell: +55 12 9724-4929 Phone: +1 954 359 3414 sguilbaud@embraer.fr
Phone: +55 12 3927 1311 Cell: +1 954 232 9560 Phone: +33 (0)1 49 38 44 55
Fax: +55 12 3927 2411 Fax: +1 954 359 4755 Cell: +33 (0) 6 75 22 85 19
Fax: +33 (0) 1 49 38 44 56
Andrea Bottcher:
abottcher@embraer.com Catherine Fracchia
Phone: +1 954 359 3432 cfracchia@embraer.fr
Cell: +1 954 439 1830 Phone: +33 (0) 1 49 38 45 30