​Singapore, February 15, 2012 – Embraer has re-appointed RACO Trading Phils, Inc., as its Authorized Sales Representative (ASR) in the Philippines. The Manila-based trading company was first appointed in 2010.

“The re-appointment of RACO Trading as our sales representative in the Philippines is an indication of the headway the team at RACO are making to secure Embraer’s presence and profile in this market,” said José Eduardo Costas, Vice President, Asia Pacific, Embraer Executive Jets. “It reaffirms our belief in the Philippine market, and the opportunities that are present there.”

As an archipelago with over 7,000 islands, with a land mass of about 30,000 square kilometers, the Philippines present unique opportunities for air travel, especially for corporations and executives who have to travel between islands quickly. With a portfolio to accommodate every need and terrain, Embraer’s advanced executive jets are perfectly suited for the country.


About RACO Trading

Established in 1975 as an import and export commodities trading company, under the guidance of Ramon B. Arnaiz (Chairman) and John Peter Hager (Managing Director), RACO Trading has, over the years, diversified into other areas of business. Today, these areas include the civil aviation industry, through Raco Trading’s representation of manufacturers of civil aviation engines, and, most recently, of Embraer and its line of executive jets.

In addition to its business activities in the aviation industry, Raco Trading actively deals in a diverse range of commodities that include wood pulp, paper and packaging, tropical oils, security paper and related printing products, feeds and grains, rubber, and metals and minerals. In addition, the company is involved in the management and fulfillment of countertrade and counter purchase obligations.