Window of Opportunity in Narrowbody Market

With Boeing grappling with internal issues and Airbus not rushing to release new products, Gomes Neto sees a potential window of opportunity for Embraer to disrupt the narrowbody duopoly. However, he cautions that launching a new aircraft is a lengthy process, typically taking seven to eight years, and requires careful management of technological transitions.

“We see this window of opportunity, but we need to better understand the scenarios. We don’t want to put the company at risk. If we move in the future, we need to be financially stable and collaborate with other partners,” Gomes Neto stated. He emphasized that commercial aviation remains crucial for Embraer, and the company is continually investing in new technologies, such as propulsion systems, autonomous flight, and advanced airframe designs, to be ready when the time is right.

Growth in Executive Aviation

While Embraer is known for its commercial aircraft, Gomes Neto also highlighted opportunities in the executive aviation sector. The company is performing well with its midsize and super-midsize Praetor jets, but there is potential to expand into larger categories of executive aircraft.

Increasing Production Capacity

Embraer is gradually increasing its commercial aircraft production to pre-pandemic levels. The company delivered 64 aircraft last year and aims to deliver between 72 and 80 this year, with a goal of reaching 100 by 2026. However, Gomes Neto pointed out that engine supply constraints, rather than internal production capacity, are currently the biggest limitation.

Prospects for New Deals

Gomes Neto expressed optimism about finalizing new deals, particularly at the Farnborough Airshow. He mentioned the successful closure of a deal with Mexicana, which showcases the E2 in Mexico, and ongoing discussions with several U.S. airlines.

Future Collaborations and Settlements

Following the breakup of the joint venture with Boeing, Embraer is awaiting a legal settlement. Gomes Neto remains open to future cooperation with Boeing but stated that no such plans are currently in place.

Defense Sector Opportunities

In the defense sector, Embraer is actively working on export sales of the C-390, with promising opportunities in India and Saudi Arabia. Gomes Neto noted that India is looking to replace older aircraft, positioning the C-390 as a strong competitor against the Lockheed Martin C-130 and Airbus A400M. Similarly, discussions with Saudi Arabia include broader cooperation involving C-390s, E2s, and eVTOLs.

Navigating Local Manufacturing Demands

Addressing the challenges of local manufacturing demands in markets like India and China, Gomes Neto emphasized the importance of strategic partnerships and ensuring the capability to execute programs effectively.

U.S. Market Strategy

Embraer is reinforcing its defense team in the U.S. and exploring opportunities to introduce the C-390 to the U.S. Air Force or Navy. The company is also considering developing a boom for the tanker version of the C-390 if necessary.

Exploring Maritime Patrol Variants

Embraer is in discussions with the Brazilian Air Force about developing maritime patrol versions of the C-390 and E2. While there is interest, no concrete project has been established yet.

Partnership with Saab

Embraer’s partnership with Saab aims to promote Gripen and C-390 deals. The collaboration leverages their combined investments in Brazil and other markets, and Gomes Neto reported that the partnership is progressing well.