“What we need to do is always lean into the future. When the world changes around you and when it changes against you—what used to be a tail wind is now a head wind—you have to lean into that and figure out what to do because complaining isn’t a strategy. ”
Embraer's Executive Jet Division Looks Healthy
The new executive-jet division of Brazilian aircraft manufacturer Embraer-best known in past years for building regional airliners-is doing remarkably well. Third-quarter numbers, which the company released in November, show that it had received 300 orders for its new Phenom 100 very light jet and Phenom 300 light jet as of September 30. It also delivered 17 Legacy 600s in the first three quarters of 2006 and, according to an Embraer spokesman, "2006 will be a record year for Legacy 600 deliveries." Embraer's executive jet division accounted for 20.5 percent of the company's net sales total of $894.1 million during the same time frame.