São José dos Campos, Brazil, June 4, 2014
– Embraer Executive Jets celebrated today the delivery of the 500th Phenom family jet, a significant achievement only five-and-a-half years after entry into service of the first aircraft. Winners of various innovation and design awards, the Phenom 100E and the Phenom 300 are best-in-class jets, having redefined the entry-level and light jet segments with the latest generation technology, a new style concept, premium comfort, performance and reliability.
The commemorative aircraft, a Phenom 300, was delivered to Prime Fraction Club, a fractional ownership company that sells, manages, and coordinates the utilization of assets among its members in Brazil. Prime Fraction Club operates three other Phenom jets, in addition to helicopters, boats, and sports cars.
“The delivery of 500 Phenom jets in just over five years of operation validates our commitment to offer the market differentiating products and excellence in services,” said Marco Túlio Pellegrini, President and CEO, Embraer Executive Jets. “The Phenom family was designed to exceed all expectations from our customers, and we are privileged to deliver this commemorative aircraft to Prime Fraction Club.”
Phenom jets are flown in 37 countries by 400 customers, ranging from corporations, authorities, charter and fractional companies to aviation schools, medevac transportation, and owner pilots. The entire fleet in operation has accrued over 370,000 flight hours.
“A global market best-seller, the Phenom 300 leads its class and, last year, became the most delivered business aircraft in the industry,” said Marcus Matta, President, Prime Fraction Club. “With this investment, Prime expands its market share in business aviation and in fractional ownership. This is a significant moment for both companies.”About Prime Fraction Club
Founded in May 2010, Prime Fraction Club manages fractional ownership programs of aircraft, helicopters, boats, and automobiles. In this model, an asset is acquired by multiple owners, in fractions, and is utilized by each customer at different times. The company also offers a management program for those who wish to outsource the administration of their assets, reducing costs, such as fuel, insurance, etc. Prime Fraction Club manages eleven assets, valued at approximately 117 million reals. The company is headquartered in São Paulo, Brazil, and will soon open new bases.About Embraer Executive Jets
Embraer is one of the world’s largest executive jet manufacturers, having entered this market segment in 2000, with the launch of the Legacy jet. Embraer Executive Jets was established in 2005. Its portfolio, the broadest in the market, is comprised of the Phenom 100E, Phenom 300, Legacy 450, Legacy 500, Legacy 600, Legacy 650, and Lineage 1000E. Over 750 Embraer executive jets are in operation in more than 50 countries. Customers are supported by a global network of close to 70 owned and authorized service centers, parts distribution centers, complemented by a 24/7 Contact Center.
For more information about Embraer Executive Jets, see: www.EmbraerExecutiveJets.com
Follow us on Twitter: @EmbraerSANote to Editors
Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest manufacturer of commercial jets up to 130 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 U.S. Founded in 1969, the Company designs, develops, manufactures and sells aircraft and systems for the commercial aviation, executive aviation, and defense and security segments. It also provides after sales support and services to customers worldwide. For more information, please visit www.embraer.com.br
. This document may contain projections, statements and estimates regarding circumstances or events yet to take place. These projections and estimates are based largely on current expectations, forecasts of future events and financial trends that affect Embraer’s businesses. Those estimates are subject to risks, uncertainties and suppositions that relate to, among others: general economic, political and trade conditions in Brazil and in those markets where Embraer does business; expectations of 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 intended to identify potentialities. Embraer does not undertake 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 may therefore differ substantially from those previously published as Embraer expectations.