The first Bandeirante prototype flew on October 26, 1968. After that, Ozires attempted to convince private industries to produce the Bandeirante in series, without success. His efforts, however, contributed to the creation of a government-owned aircraft manufacturer, Embraer, of which he became president on July 29, 1969.
In 1986, Ozires left Embraer. He became president of Petrobras for a short time, and also became Minister of Infra-Structure from March 15, 1990, to March 27, 1991. He returned to Embraer from 1991 to 1995 to conduct the privatization process. He was also president of Varig from 2000 to 2002.
Ozires is also former (2004) Director of Technology of AVAMAX, Executive Vice-president of Academia Brasileira de Estudos Avançados "Dr. Adolfo Bezerra de Menezes Cavalcanti", and President of Pele Nova, a biotechnology company and President at World Trade Center Advisory Board.
He is currently dean of Unimonte [pt], a private university in Brazil.
Published books
A Decolagem de um Sonho - História da Criação da Embraer - Lemos Editorial - 1998
Cartas a um Jovem Empreendedor - Elsevier Editora - 2006
A Decolagem de um Grande Sonho - Elsevier Editora - 2008