any standard, 1999 was a milestone year for Embraer. Our company
earned a record US$230 million in net income and celebrated
our tenth consecutive quarter of rising profitability. Total
revenue reached US$1.89 billion, and our year-end backlog
was US$6.4 billion in confirmed orders and US$17.7 billion
including options — both all-time highs.
the commercial market, Embraer launched a new family of regional
jets — the ERJ 170, ERJ 190-100, and ERJ 190-200 — and became
the first manufacturer to offer a full array of aircraft from
30 to 108 seats customized for each niche. The addition of
a second jet family to our highly acclaimed ERJ 145, ERJ 135,
and new ERJ 140 offers high commonality, cost savings, and
service benefits to airlines around the world.
Defense business unit rolled out and flew the EMB 145 AEW&C,
a cost-efficient, multiple-mission surveillance aircraft.
With the sale of four of these aircraft to the Hellenic Air
Force, we successfully entered the NATO market.