Embraer Sells Five More Jets to Azul

SAO JOSE DOS CAMPOS, Brazil, July 19 /PRNewswire-FirstCall/ -- Embraer has signed an additional contract with Azul Linhas Aereas Brasileiras for the sale of five more EMBRAER 195 jets. The total value of the deal, at list price, is US$ 211 million, under January 2010 economic conditions. This order is already included in Embraer's firm order backlog for the second quarter of 2010 as "Undisclosed customer". The five EMBRAER 195 jets will be delivered yet this year, and by December, Azul will have 26 E-Jets in its exclusively Embraer fleet.

After adding in the 36 aircraft ordered in March 2008 (five EMBRAER 190s and 31 EMBRAER 195s), Azul now has a total of 41 firm orders for Embraer jets, as well as options for another 20 aircraft and purchase rights for 20 more.

Azul took delivery of its first Embraer aircraft in December 2008. It began operations a few days later, out of Viracopos Airport (VCP), in the city of Campinas, outstate Sao Paulo, to Porto Alegre and Salvador. The airline currently serves 21 cities in Brazil and continues to expand the number of destinations. It has carried more than three million passengers in about a year and a half of operation. Investments also include the acquisition of a flight simulator that is already in use to train the company's pilots.

The new EMBRAER 195 jets for Azul will be configured identically to those that were previously ordered, comfortably accommodating 118 passengers in a single class. They will have the latest entertainment system, with individual monitors, by which each passenger may select the programming of their preference. With an autonomy of 2,300 nautical miles (4,260 kilometers), the jet is able to fly nonstop on any route between Brazilian capital cities, for more flexible operations and lower costs.

Note to Editors

Embraer (Empresa Brasileira de Aeronautica S.A. -NYSE: ERJ; BM&FBovespa: EMBR3) is the world's largest manufacturer of commercial jets up to 120 seats, and one of Brazil's leading exporters. Embraer's headquarters are located in Sao Jose dos Campos, Sao Paulo, and it has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore, and the United States. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the commercial aviation, executive aviation, and defense segments. The Company also provides after sales support and services to customers worldwide. On June 30, 2010, Embraer had a workforce of 16,781 employees -- not counting the employees of its partly owned subsidiaries -- and its firm order backlog totaled US$ 15.2 billion.

SOURCE Embraer

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED