The third largest aircraft manufacturer in the world, Embraerwill receive a loan of R$1.09 billion to produce commercial aircraft that will be sold abroad. The financing was approved by the National Bank for Economic and Social Development (BNDES)according to a statement released by the development bank this Tuesday (25). The resources will be used by the company to comply with the delivery schedule already agreed with importers in several countries.
The company, a leader in the manufacture of commercial jets with up to 150 seats, expects to close 2025 with a total of 77 to 85 commercial jets delivered. Last year, the number was 73. In 2023 there were 64. Adding commercial planes and defense and security aircraft, there were 206 deliveries in 2024 and 181 in 2023.
The resources for the loan are from the Exim Pre-shipment financing line, aimed at exporters, with interest rates formed by financial cost, BNDES rate and credit risk rate.
Record orders
According to the president of Embraer, Francisco Gomes Neto, the company is experiencing a record volume of orders and “solid sales momentum”.
“We are making significant investments to meet the growing demand for our products and financing from BNDES is essential to support initiatives that aim to increase production capacity and accelerate deliveries in the coming years,” he said in the bank’s statement.
The president of BNDES, Aloizio Mercadante, highlights the fact that Brazil is part of a “select group” of countries with the capacity to design, manufacture and export commercial, executive, defense and agricultural aircraft.
Rio de Janeiro (RJ), 08/28/2025 – The president of BNDES, Aluízio Mercadante. Photo-file: Fernando Frazão/Agência Brasil – Fernando Frazão/Agência Brasil
“It is a strategic sector, due to the high technology involved, the employment of highly qualified labor and the ability to generate innovations with positive impacts on the Brazilian economy”, stated Mercadante.
The bank, linked to the Ministry of Development, Industry, Commerce and Services, has financed around US$26.3 billion in exports of Embraer commercial aircraft, supporting the production of 1,350 jets since 1997.
Embraer
Embraer has 23,500 employees worldwide, 18,000 of them in Brazil, mainly at its headquarters in São José dos Campos, in São Paulo.
There is also a contingent in the São Paulo cities of Sorocaba, Botucatu and Gavião Peixoto, as well as engineers in Florianópolis and Belo Horizonte.
The company maintains industrial units in the United States and Portugal. The majority of Embraer’s sales are destined for the foreign market.
