Press and Events


Legacy 600 jet operated by K2 SmartJets
15/07/2008

EMBRAER GETS ORDER FOR TWO LEGACY 600 JETS FROM K2 SMARTJETS

São José dos Campos, July 15, 2008 – Embraer has signed a new order with K2 SmartJets, of Greece, for two more Legacy 600 aircraft. The value of the deal, at list price, is US$ 53.86 million, based on January 2009 economic conditions, and the first delivery is scheduled for 2009.

We are honored that K2 SmartJets has such confidence in our executive jets that they are confirming additional orders less than a year after they introduced the first jet of this type,” said Colin Steven, Embraer Vice President, Marketing and Sales – Europe, Africa, and the Middle East, Executive Jets. “We are very pleased to contribute to the expansion of this successful young company, knowing that their customers appreciate the unparalleled combination of luxurious comfort, space, and performance of the Legacy 600.”

K2 SmartJets received its first Legacy 600 in July 2007. With its market growing so rapidly, the two additional jets will allow the air charter operator to respond to the demand from corporations and private individuals for ad hoc charter flights to various destinations in Europe, the Middle East and Asia.

The service introduction of our first Legacy 600 was so successful that we are thrilled to confirm our second and third aircraft,” said Andreas Karotsieris, CEO of K2 SmartJets. “The Legacy jet is ideal for premium VIP travel from our Athens base, and our customers enjoy the stylish comfort, ample space, and convenient amenities.”

Greece has shown to be an important and expanding market for the Legacy 600. Four jets of this model have already been delivered to Greek customers to this date.

About K2 SmartJets

K2 SmartJets was founded in 2007 by a group of private entrepreneurs from various sectors, including the maritime shipping and air transportation industries. The K2 SmartJets staff has many years of experience in air travel, and the purchase of the Embraer Legacy 600 has proved to be a very successful operation in Greece’s rapidly expanding market. The company is proud to provide the ultimate corporate and private jet charter flights with emphasis on hospitality and client needs.

By creating relationships with strategic partners, in order to offer advanced services and dependability, the objective of K2 SmartJets is to enhance the essence of business air travel with innovative solutions and the highest service standard. For more information about the company, visit www.K2SmartJets.com.

About the Legacy 600

The Legacy 600 jet provides premium comfort and privacy for up to 14 passengers in three distinct seating areas. Interior standard features include first-class leather seats, a plush divan, an elegant credenza, and spacious tables for dining or meetings. The aircraft also has a full- size galley for hot and cold meals, a full-width aft lavatory, wardrobe and storage cabinet, and an entertainment system with DVD players and satellite telecommunications. Optional High Speed Data (HSD) and Wireless Fidelity (Wi-Fi) capabilities allow customers to browse the Internet, access e-mails and transfer files. The 240-cubic-foot (6.8-cubic-meter) baggage compartment of the Legacy 600 is one of the largest in the industry and is easily accessible during flight, for greater passenger convenience.

The aircraft cruises at a speed of up to Mach 0.80 and has a range of 3,250 nautical miles (6,019 km) with eight passengers and NBAA IFR reserves, or 3,400 nautical miles (6,297 km) with four passengers and NBAA IFR reserves. These ranges, bolstered by superior passenger and luggage capacity, enables customers to fly nonstop from New York (U.S.) to London (U.K.); from London or Geneva (Switzerland) to Dubai (United Arab Emirates); from Singapore to Beijing (China) or to Port Moresby (Papua New Guinea); and from Jakarta (Indonesia) to Melbourne (Australia) at lower operating costs than competitive aircraft with a similar cabin size. Additionally, the Legacy 600 is the only super midsize jet certified to operate into and out of the London City and Cannes-Mandelieu airports.

The twin-engine business jet is based on the successful ERJ 145 regional jet family platform that has accumulated over 12.5 million flight hours on 1,000 aircraft. Designed to operate an average of 2,500 hours per year, low operating cost, and with a track record of over 99 percent dispatch reliability, the Legacy 600 offers luxurious comfort and delivers high utilization and high availability.

Priced at US$ 26.93 million, based on January 2009 economic conditions, in the baseline configuration for FAA certification, more than 140 Legacy jets currently operate in 23 countries. For information about Embraer Executive Jets, see www.EmbraerExecutiveJets.com​.

Note to Editors

Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; Bovespa: 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, the United States, France, Portugal, China and Singapore. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the Commercial Aviation, Executive Aviation, and Defense and Government segments. The Company also provides after sales support and services to customers worldwide. On June 30, 2008, Embraer had a workforce of 23,855 employees and a firm order backlog of US$ 20.7 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.

Press Office Contacts

Brazil (Headquarters)
North America and Caribbean
Europe, Midle East and Africa
China
Asia Pacific