Embraer successfully completes reintegration of its Commercial Aviation business

Rhea-AI Summary

Embraer (NYSE: ERJ) has successfully completed the reintegration of its commercial aviation business information technology systems as of January 2022. This initiative, which began in May 2020, is aimed at enhancing operational efficiency and agility. The reintegration ensures smoother operations and improved profitability while not impacting essential operations. Antonio Carlos Garcia, Executive Vice President of Finance, emphasized the strategic significance of this achievement, indicating strong growth prospects for 2022.

Positive

• Successful reintegration of commercial aviation IT systems enhances operational efficiency.
• The process was completed ahead of schedule without disrupting essential operations.
• Expected operational improvements and better profitability in 2022.

Negative

• None.

SÃO JOSÉ DOS CAMPOS, Brazil, Jan. 26, 2022 /PRNewswire/ -- Embraer (B3: EMBR3, NYSE: ERJ) has successfully completed the reintegration of its commercial aviation business' main information technology systems and processes. The work done throughout January did not hamper the continuity of the company's essential operations.

The reorganization resulting from this process began in May 2020 and since then has been one of Embraer's main focuses, as part of the execution of the strategic plan and implementation of initiatives to make good use of skills and recover synergies. The reintegration ensures operational benefits and eliminates fiscal inefficiencies that an integrated, less complex, and more agile management can offer. With the completion and restoration of normal service in the company, commercial aviation is again directly linked to Embraer's structure.

"We believe that 2022 will be a year of growth and we are well prepared to harness the full potential of the company. So, the success of the reintegration of the commercial aviation business is another important step in the process of executing our strategic planning and will result in significant operational improvements and better profitability," says Antonio Carlos Garcia, Executive Vice President of Finance and Investor Relations. "Embraer's entire team is to be congratulated on the excellent job done and completed in a shorter time than planned."

PRESS OFFICES: Headquarters (Brazil),  Corporate Communications, embraer@idealhks.com, Cell: +55 11 98890 7777, Tel.: +55 11 4873 7984

 

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SOURCE Embraer S.A.

FAQ

What is the recent news about Embraer (ERJ)?

Embraer has completed the reintegration of its commercial aviation IT systems, enhancing operational efficiency and profitability.

When did Embraer start the reintegration process?

The reintegration process began in May 2020.

What are the expected benefits of Embraer's reintegration?

The reintegration is expected to lead to improved operational efficiency and profitability.

How did the reintegration affect Embraer's operations?

The reintegration did not impact the continuity of Embraer's essential operations.

What does Embraer's management say about the reintegration success?

Antonio Carlos Garcia stated it is a significant step for growth and is pleased with the timely completion.