São José dos Campos, November 18, 2010
– Embraer delivered the first Phenom 100 entry level jet to India’s Invision Air Services Pvt. Ltd., a Mumbai-based on-demand air charter company. The aircraft is the first of 18 Phenom 100s that Invision Air ordered three years ago, along with two Embraer Phenom 300 jets.
“We are excited to have the Phenom 100 jet enter service in India this year
,” said José Eduardo Costas, Embraer Vice President, Marketing and Sales, Asia Pacific – Executive Jets. “We also would like to recognize the outstanding commitment and hard work that Invision has endeavored to deploy through its business plan, structuring the company and starting to take delivery of its Phenom aircraft, which is the perfect tool for businessmen who need to quickly and effortlessly connect between metro areas and smaller, secondary cities in India
“With the delivery of our first Phenom 100 jet, we look forward to establishing a branded charter service beyond anything India has seenbefore
,” said Vinit Phatak, Managing Director of Invision Air. “The coming of this jet to India via Invision Air truly marks a milestone in the local general aviation industry. Indian customers will, for the first time, have access to a safe twin-jet experience at a price point between two-and-ahalf to three times full-fare business class rates for up to 200 destinations across the country. This will allow our target customers – corporate executives, investors, celebrities, and high-end tourists – to travel quickly, efficiently and comfortably to Tier II and Tier III cities, which we believe will help fuel the much anticipated economic growth in rural India
In support of Embraer’s Phenom jets going into service in India, Mumbai-based Indamer & Co. – Embraer’s Authorized Service Center (ASC) in the country – provides maintenance, repair and overhaul services for these aircraft, as well as for the Legacy 600. Internationally, Embraer
maintains a network of over 40 ASCs, which is complemented by a 24-hour Customer Contact Center at the Company’s headquarters in São José dos Campos, Brazil, to provide assistance to Embraer’s Executive Jets customers anywhere in the world, at anytime of the day.
This year, Embraer also established a full inventory of spare parts for its executive jets at its Regional Distribution Center in Singapore, for greater proximity to customers in Asia Pacific, and for offering them quicker turnaround times for replacement parts. At the same time, investments have also been made to effectively equip the ASC in the region with a relevant parts inventory.About Invision Air Services Pvt. Ltd.
Invision Air is a general aviation company offering a branded business jet charter operation in India. Established in 2008, it was founded by Mr. Vinit Phatak and Mr. Jayant Nadkarni. The company will be launching various member programs in early December 2010, which include
Jet Cards (in 25-hour, 50-hour, and 100-hour duration packages), Owner Programs for those who wish to purchase their own jets, and on-demand charter services. More information will be available at www.InvisionAir.co.in
The company is part of the Invision business group, which is primarily active in the telecommunications and marine and aviation safety industries. The Invision Group was founded by Mr. Vinit Phatak in the early 1990s, and began its activities in the wireless telecom industry as a modest sales and distribution company that sold antennas, cables and accessories in the Indian region. As this business successfully achieved an 80% market share in India for base station antennas, 51% of its equity was taken over by the world’s largest and oldest antenna manufacturing company, Kathrein Werke KG, from Germany. Currently, the joint venture company, Kathrein India Pvt. Ltd., oversees the sales and distribution of Kathrein products through the South Asian Association for Regional Cooperation (SAARC) and has a manufacturing facility just outside of Mumbai.
In 2002, Invision diversified into the marine and aviation safety industry, with the acquisition of a 30-year-old niche manufacturer, Meridian Inflatables Pvt. Ltd. In 2011, Invision plans to launch Invision Green, a movement aimed at offsetting carbon emissions and consolidating the biodiversity and natural ecosystems of the Indian subcontinent.
About the Phenom 100 executive jet
The entry level Phenom 100 can accommodate up to eight occupants and has seven different interior options designed in partnership with BMW Group DesignworksUSA. Its range of 1,178 nautical miles (2,182 km), including NBAA IFR fuel reserves, means the aircraft is capable of
flying nonstop from New York to Miami, in the U.S.; from London to Rome, in Europe; or from Brisbane to Melbourne, in Australia. The jet was certified in December 2008, and has proved to be the fastest and to have the largest baggage capacity in its category. The Phenom 100 has the latest in cockpit design, and a private aft lavatory is one of its competitive features.
Note to Editors
Embraer (Empresa Brasileira de Aeronáutica 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 São José dos Campos, São 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 September 30, 2010, Embraer had a workforce of 17,009 employees – not counting the employees of its partly owned subsidiaries – and its firm order backlog totaled US$ 15.3 billion.
This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect Embraer’s businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where Embraer does business; expectations on industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are supposed to identify potentialities. Embraer does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Embraer expectations.