Embraer had an investor day in New York this morning with key executives briefing the investment community. The session began with an overview from Embraer CEO Francisco Gomes Neto,. His briefing can be viewed below:
The company’s main pillars are innovation and efficiency. The company plans to double its inventory turnover, has ongoing initiatives to reduce production lead time, and is actively improving the production process.
While the supply chain remains an issue, the company is working closely with suppliers to anticipate shortages with lower tier suppliers. Being the lightest weight user of the Pratt & Whitney GTF, the E2 has not experienced the severity of issues with the engines experienced with larger aircraft.
Embraer will be net zero in aviation by 2050 and reach carbon neutrality by 2040. The company is already using 100% renewable energy in its Brazil and Portugal facilities.
The company is focused on safety first and quality always, as integral elements of its culture. Embraer is on an upswing, and the attitudes of executives was bullish on prospects for the company.
Views: 28
