Embraer Highlights "Balanced" Trade Relationship with the U.S.
Francisco Gomes Neto is confident that the tariffs planned by Trump will not limit executive jet sales.
Brazilian aircraft manufacturer Embraer emphasized its “balanced” commercial relationship with the United States in a statement on February 27, according to Aviation Week.
During a Q4 and full-year 2024 earnings call, Embraer President and CEO Francisco Gomes Neto expressed confidence that potential tariffs would not hinder sales of the company’s executive jets division, which is based in Florida.
"The U.S. market represents more than 60% of our executive jet sales," Neto stated. "It’s only natural that we expect this market to continue growing." His remarks came as Embraer reported record annual revenue of $6.4 billion and a $26.3 billion backlog across its commercial, executive, defense, services, and support divisions, as reported by our partner outlet Aeroin.
Strong Growth in Embraer's Executive Jets Division
Embraer’s Executive Jets division saw its order backlog rise to $7.4 billion following a major order from Flexjet in early February. The deal included 182 Phenom 300E, Praetor 500, and Praetor 600 aircraft, with deliveries scheduled between 2026 and 2030, along with up to 30 additional Praetor options.
The division's revenue grew 25% year-over-year to $1.763 billion, while total Q4 revenue reached $626 million.
Embraer performs final assembly of its Phenom 100 and 300 light jets and Praetor 500 and 600 midsize and super-midsize jets at its Melbourne, Florida facility. In fiscal year 2024, the company delivered 130 executive aircraft, including 75 Phenoms and 55 Praetors. Of these, 44 aircraft (22 Phenoms and 22 Praetors) were delivered in Q4. For 2025, Embraer expects to deliver between 145 and 155 executive jets.
Embraer Responds to Tariff Threats from Trump
Amid threats from former U.S. President Donald Trump to impose high tariffs on trade with BRICS countries (Brazil, Russia, India, China, and South Africa) if they adopt a common currency to rival the U.S. dollar, Neto remained optimistic.
"We do not foresee any trade-related issues," he stated. "Embraer has a very balanced trade relationship with the United States. We have a production facility in the country, more than 2,500 employees, and a 45-year history in the U.S."
Neto highlighted that Embraer aircraft incorporate a high percentage of U.S.-manufactured components and noted that the E175-E1 is “essentially the only option for regional aviation in the U.S.” He also revived discussions about manufacturing a U.S. version of the KC-390, a military tanker aircraft that Embraer has previously explored producing in partnership with L3Harris.
"Due to this long-term collaboration, we believe trade conditions should remain unchanged," Neto concluded, reaffirming that he does not anticipate challenges in maintaining Embraer’s presence in the U.S. market and highlighting the potential for the KC-390 to be assembled in the United States.
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