Embraer CEO Francisco Gomes Neto speaks through the Embraer Media Day 2022 on the plane manufacturing unit in Sao Jose dos Campos, Brazil, Could 30, 2022.
Carla Carniel | Reuters
Brazilian airplane maker Embraer is learning the market and new know-how that would warrant it constructing an all-new jet, CEO Francisco Gomes Neto instructed CNBC.
A brand new airplane might assist the airplane producer compete with a lot bigger rivals Airbus and Boeing, which ship a whole lot of jets a yr in contrast with Embraer’s dozens of plane.
However Gomes Neto famous that no choices have been made but.
“At this time limit, we do not have concrete plans to go to a giant slender physique,” he mentioned, including that the research for brand new engine applied sciences, avionics and potential demand are “to be ready.”
Within the meantime, Gomes Neto mentioned Embraer is targeted on bettering outcomes and promoting its regional planes, which received orders earlier this yr from American Airways, manufacturing its E2 jet, and “delivering what we promise” prospects.
Embraer mentioned Friday that it delivered 16 industrial jets within the third quarter, up greater than 5% from a yr earlier. Together with its protection and enterprise jets, the corporate handed over 57 jets within the interval, a 3rd greater than final yr.
An Embraer E195E2 plane
Frederic Stevens | Getty Photographs
The Federal Aviation Administration permitted a freighter model of its E190 passenger-to-freighter transformed jet earlier this month, serving to clear the best way for its industrial introduction.
“That is perhaps the benefit we now have: We’ve got an ideal product [that’s] obtainable,” Gomes Neto mentioned.
Each Airbus and Boeing are struggling to ramp up manufacturing and ship plane on time within the wake of the pandemic. Boeing has the added challenges of a security disaster and a machinist strike.
Boeing as soon as had plans to take management of Embraer’s industrial jet enterprise however ended these discussions in early 2020. Final month, Embraer mentioned Boeing would pay it $150 million over the scuttled plan.
Like its rivals, Embraer is going through provide chain strains popping out of the pandemic, and the corporate is taking a extra in-depth have a look at supply capabilities.
Engines, hydraulic valves, cabin interiors and elements for them are a number of the areas the place it has been troublesome to ramp up manufacturing from suppliers, Gomes Neto mentioned. He added that he expects provide chain issues will probably ease in 2026.
