Embraer Earnings Projection Remain Unchanged Embraer’s projections for the year remain unchanged, CEO Frederico Curado told the Dow Jones Newswire last week. Revenue, he said will be $6.5 billion for the year, up from $5.2 billion last year, and $7.1 billion next year. Despite the financial turmoil roiling the industry for over a year now, Curado said Embraer has had no cancellations although customers are finding financing harder to get. The company is still on track for delivering 195 to 200 commercial aircraft in addition to 10-15 Phenom very light jets and projects further deliveries of another 195 jets and 120-150 Phenoms next year.

ATA Hails FAA CR for What it Leaves Out
The Continuing Resolution (CR) terminates this administration’s plan to require air carriers to collect and transmit biometric information on foreign nationals upon departure from the United States. The CR contains language that ATA and its members were able to get inserted, in June 2008, into the House Department of Homeland Security (DHS) Appropriations bill for 2009. Specifically, the language directs DHS to carry out air exit pilots based on at least the following two scenarios: 1.) the airlines collect and transmit biometric exit data and; 2.) the U.S. Customs and Border Protection collects such information at the departure gates. The air exit pilots must be completed by January 31, 2009, and the reports of the results must be reviewed by the GAO. In the meantime, DHS may not finalize their proposed rulemaking