Embraer (ERJ) Successfully Completes Reintegration of the Commercial Aviation Business
Embraer (NYSE: ERJ) reported on the morning of January 26, 2022 that it had successfully completed the reintegration of key information technology systems and business processes in commercial aviation. The activities carried out throughout the month of January took place without prejudice to 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
review of the strategic plan and the execution of initiatives to take advantage
of skills and recover synergies, ensuring operational benefits and eliminating
fiscal inefficiencies as an integrated, less complex and more agile management
can offer. With the conclusion and restoration of the company's normal pace,
commercial aviation is once again directly linked to Embraer's structure.
“We believe that 2022 will be a year of growth and we are
well prepared to take advantage of the company's full potential. In this way,
the successful reintegration of the commercial aviation business is another
important step in the process of executing our strategic planning and should
result in significant operational improvements and better profitability”, said
Antonio Carlos Garcia, Executive Vice President of Finance and Customer
Relations. investors. “The entire Embraer team is to be congratulated for the
excellent work carried out and completed in less time than planned”.
*NOTE: This publication was written in Portuguese (Brazil) and automatically translated by Google robots to English. MORE THAN FLY, adopted Google technology for everyone around the world to have access to information and optimize our time and budget with translations. We ask for common sense to take into account translation errors. After all, every robot is limited and is never compared to the superiority of a human intelligence.
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