Grupo Fabraer

Grupo Fabraer is a Jungastian multinational corporation that designs, manufactures, and sells Aircraft, rotorcraft, Weapons systems, Missiles and worldwide and Nuclear Weapons for the Jungastian Government. The company also has a significant presence in Financial Services, Product Testing and Design. Fabraer is among one of the highest profile Jungastian businesses, with an international presence and a strong rivalry with multinational Vantos. Fabraer stock is traded on the Bolsa de Valores de Santo André and forms a part of the ÍndiSA 100 index.

The company now known as Groupo Fabraer was founded as Empresa de Fabricação Aeronáutica on 8th October 1924 by a consortium of aviation pioneers concerned about Jungastia being left behind in the nascent aviation scene. The present group is a result of privatisation of a number businesses following widespread nationalisation following the takeover by the Frente de Salvação Nacional, and the reorganisation of the air and defence industries.

Fabraer maintains its headquarters in the city of Paços de Brandão a hub for Jungastian industry. The Group is organised into five core divisions: Fabraer Aviação Executiva, Fabraer Aviões Comerciais, Fabraer Aviação Militar, Fabraer Sistemas de Defesa and Frabraer Helicópteros as well as three subsidiary companies: Fabraer Serviços Financeiros, Trenadtreina and Conceito. In 2023 the combined group recorded profits of Cr3.89 billion on sales of Cr51.3 billion.

History
The founding of Fabraer as Empresa de Fabricação Aeronáutica is widely considered to be 8th October 1924 when Américo Albuquerque, Vasco de Lima, Tristão Seixas and João Nogueira established the company in the industrial city of Paços de Brandão. The consortium were concerned about Jungastia being left behind in the rapidly developing aviation sector. The company was founded as a private enterprise with each of the four founders holding a 25% stake.

In 1935, with the company developing significant inroads in both military and commercial aviation, the company was nationalised by the government of José Ferreira Coutinho and became the sole provider of military fixed wing aircraft and commercial airframes to Jungastia. These years of state control saw massive investment in the business propelling it to a significant global player.

The development of jet airliners was a major development point through the late 1940's and 1950's with Fabraer's first jet airliner the Açor, taking its first fight in October 1959 in time for the company's 35th anniversary. This first generation Açor pioneered the now signature rear engined layout favourited by Fabraer in all subsequent jet passenger aircrafts.

1963 saw the purchase of Conaro - a significant private helicopter manufacturers, which now forms the basis of Frabraer Helicópteros. The same year saw Fabraer partner with Foehn et Cie to develop advanced supersonic engines for the in development Falcão-peregrino supersonic civil airliner.