Embraer, the Brazilian aerospace manufacturer, has announced plans to invest approximately $390 million and hire an additional 900 employees in Brazil during the current year. The announcement was made during a visit by Brazilian President Luiz Inácio Lula da Silva to the company’s headquarters in São José dos Campos.
The investment and hiring initiative aims to support increased aircraft production and anticipated future growth by developing new businesses, products, and services. This includes research and development activities for new technologies, such as those used in eVTOLs (electric vertical take-off and landing vehicles), the expansion of aeronautical services, defense and security, efficiency improvement projects, and the expansion of industrial activities.
Francisco Gomes Neto, President and CEO of Embraer, said, “Embraer begins a new phase of growth based on efficiency and innovation. We are focused on capturing our full potential in the different segments in which we operate towards more sustainable aviation.”
Around 90% of the new hires will be for the operations sector, with positions available for mechanics, electricians, millers, molders, aircraft maintenance technicians, and quality technicians with experience. There will also be opportunities for production trainees, engineers, and other administrative roles.
Last year, Embraer increased its workforce by 1,500 employees, returning to pre-pandemic employment levels. The company currently has around 19,000 direct employees worldwide, with 88% based in Brazil.
Embraer’s growth resumed in 2023, with the company recording a total revenue of $5.26 billion and achieving its best profitability in the last five years. For 2024, Embraer estimates another year of growth, with expected deliveries of 72 to 80 commercial aircraft and 125 to 135 executive jets, generating revenue between $6 billion and $6.4 billion.
Part of this growth is attributed to Embraer’s partnership with Azul Linhas Aéreas, which is expected to receive 13 E195-E2 jets this year. One of Azul’s aircraft models, still in the production phase, was presented and named by President Lula during his visit to the factory.
