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In a YouTube video titled "Embraer will invest more than R$ 2 billion in 2024," President Lula announced Embraer's plans to invest R$ 3 billion in new aviation projects, creating nearly 1,000 new jobs. The announcement was made during the delivery of a new Embraer aircraft in São José dos Campos, where Lula also encouraged more investments in the aviation industry. The visit included the inauguration of a new student dormitory at the Instituto Tecnológico de Aeronáutica and the delivery of the first of 13 jets purchased by a Brazilian airline. Embraer's investment is expected to significantly contribute to Brazil's aeronautical industry, which has already delivered 25 aircraft in the first quarter of 2023. Embraer's president announced an additional R$ 2 billion investment and the creation of over 900 direct jobs. The Brazilian government aims to leverage this growth to stimulate regional aviation and encourage domestic exploration, particularly in the Amazon region.
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