Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
December 02 2020 - 11:31AM
Edgar (US Regulatory)
____________________________________________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM 6-K
__________________________________
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of
1934
For the month of December 2020
Commission File Number: 001-15102
__________________________________
Embraer S.A.
__________________________________
Av. Brigadeiro Faria Lima, 2170
12227-901 São José dos
Campos, São Paulo, Brazil
(Address of principal executive offices)
__________________________________
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x
Form 40-F ¨
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Embraer’s
New 10-Year Market Outlook Identifies Trends Influencing the Industry
São
José dos Campos, Brazil, December 2nd, 2020 – Embraer’s
newly published 2020 Commercial Market Outlook examines passenger demand for air travel and new aircraft deliveries over
the next 10 years with special emphasis on Embraer’s product segment - aircraft up to 150 seats. The report identifies emerging
trends that will influence growth, factors shaping future airline fleets, and the regions of the world that will lead demand in
the commercial sector.
The
global pandemic is causing fundamental changes that are reshaping air travel patterns and demand for new aircraft. There are four
main drivers:
-
Fleet Rightsizing - a shift to smaller-capacity, more versatile aircraft to match
weaker demand.
-
Regionalization - companies seeking to protect their supply chains from external shocks will bring businesses closer,
generating new traffic flows.
- Passenger Behavior - preference for shorter-haul flights and
decentralization of offices from large urban centers will require more diverse air networks.
- Environment
- renewed focus on more efficient, greener aircraft types.
“The
short-term impact of the global pandemic has long-term implications for new aircraft demand,” said Arjan Meijer, President
and CEO of Embraer Commercial Aviation. “Our forecast reflects some of the trends we’re already seeing - the early
retirement of older and less efficient aircraft, a preference for more profitable smaller airplanes to match weaker demand, and
the growing importance of domestic and regional airline networks in the restoration of air service. Aircraft with up to 150 seats
will be instrumental in how quickly our industry recovers.”
Selected
highlights:
Traffic
Growth
-
Global passenger traffic (measured in Revenue
Passenger Kilometres - RPKs) will return to 2019 levels by 2024, yet remain 19% below Embraer’s previous forecast
through the decade, to 2029.
-
RPKs in Asia Pacific will grow the fastest
(3.4% annually).
Jet
Deliveries
-
4,420 new jets up to 150 seats will be delivered through 2029.
-
75% of deliveries will replace ageing aircraft, 25% representing
market growth.
-
The majority will be to airlines in North America (1,520 units)
and Asia Pacific (1,220).
|
|
Turboprop
Deliveries
-
1,080 new turboprops will be delivered through 2029.
-
The majority will be to airlines in China/Asia Pacific (490
units) and Europe (190).
For
more details, including regional synopses for North America, Latin America, Europe, Africa, the Middle East, China and Asia/Pacific,
and the CIS, download the 2020 Market Outlook at www.embraermarketoutlook2020.com.
Follow us on Twitter: @Embraer
About Embraer
A global aerospace company headquartered in
Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company
designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.
Since it was founded in 1969, Embraer has delivered
more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world,
transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial
jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices,
service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.
|
|
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: December 2, 2020
|
|
|
|
|
Embraer S.A.
|
|
|
By:
|
|
/s/ Antonio Carlos Garcia
|
|
|
Name:
|
|
Antonio Carlos Garcia
|
|
|
Title:
|
|
Executive Vice President of Finance and Investor Relations
|
Embraer (NYSE:ERJ)
Historical Stock Chart
From Aug 2024 to Sep 2024
Embraer (NYSE:ERJ)
Historical Stock Chart
From Sep 2023 to Sep 2024