Emirates Investment & Development Company PSC
Established in 1997 to capitalize on the growth of Dubai, Emirates Investment & Development Company PSC (Emivest) is a diversified multi-disciplinary, private shareholding equity investment company that actively targets new investments in various sectors to apply its business model.
Emivest Aerospace Corporation is a US-based aircraft manufacturing company and a subsidiary of Emirates Investment & Development PSC (Emivest).
Emivest Aerospace Corporation is the result of a partnership formed in June 2008 when Emirates Investment and Development Company PSC (Emivest) acquired 80% interest in US based aircraft manufacturing company, Sino Swearingen Aircraft Corporation (SSAC).

Empresa Brasiliera de Aeronautica SA was founded in August 1969 and began operations in January 1970 to promote the Brazilian industry. Brazil found¬ed its industry on a major program to build 112 Italian Aermacchi M.B.326 jet trainers under license for the air force. Although it was set up with government backing, the state shareholding in Embraer has steadily decreased from over 80 percent in 1970.
Embraer officially commenced operations at the beginning of 1970, with a staff of only 600, all Brazilian nationals. Work at the new company continued on the turbo-prop design until, in August ‘72 the first EMB-110 Bandeirante made its maiden flight. During the same period Embraer also began development of a single-engine agricultural aircraft, to be known as the EMB-200 Ipanema. Further expansion of the Embraer product range soon followed, including Bandeirante variants in profusion and the Xingu executive twin, while a number of different models were also built under cooperative agreements with foreign manufacturers.
In August 1974 signed cooperative agreement with Piper Aircraft Corporation, and in 1975 with Northrop. Work on Tiger II components started 1976. Six of the Piper range were produced by the Brazilian company, while the Xavante military jet trainer is built under licence to Aeronautica Macchi of Italy. By 1980 19 models were in production, and still more in development.
Successful production of the Bandeirante twin-turboprop light transport (first flown October 1968) ended in 1994. Other early production programmes included the pressurized EMB-121 Xingu transport, EMB-111A Patrulha for maritime surveillance, and Xavante (license-built Italian Aermacchi jet trainer and attack aircraft). Privatization completed in December 1994, with the Brazilian Federal Government retaining some 15 per cent of capital.
Production in 1999 included the EMB-312 Tucano turboprop trainer (first flown August 1980), EMB-314 Super Tucano (first flown May 1993) and ALX special application version, EMB-120 Brasilia regional transport (first flown 1983), ERJ135 37-passenger regional jet (first flown July 1998), ERJ145 50-seat regional jet (first flown August 1995), and surveillance versions of the ERJ145. International program is AMX combat aircraft with Aermacchi and Alenia of Italy. Divisions of EMBRAER include Industria Aeronautica Neiva SA.
Embraer was a nearly bankrupt concern when it was restructured and privatised in 1995.