Press and Events


20/05/2002

EMBRAER LAUNCHES NORTH AMERICAN TOUR TO PROMOTE NEW LEGACY BUSINESS JET

Embraer is taking to the road this summer to promote its newest offering, the groundbreaking Legacy business jet. The 14-week tour, which kicks off on May 20th., in Minneapolis, Minnesota, will cover more than 14,000 miles, stopping in 20 cities in the United States and Mexico.

The tour features a full-size mock-up of the Legacy cabin contained in a custom-built 18-wheeled transporter, along with a matching luxury motor coach and a variety of exhibits illustrating key features of the aircraft. The tour’s 20 stops will take place at corporate aviation terminals at select airports (see www.legacyworldtour.com), where the mock-up will be accessible to traveling business people, corporate aviation managers, and pilots, as well as invited guest from the area.

“The market has responded with great enthusiasm to the Legacy’s unprecedented combination of size, speed, power, range, and cost effectiveness”, says Sam Hill, Embraer Executive Vice President for the Corporate Aviation Market. “And we view this tour as a great way to spread that message to the broadest possible audience”.

“Taking the mock-up on the road gives us an opportunity to put a lot of key corporate decision makers into the Legacy cabin, where they can really appreciate what we mean when we talk about the aircraft’s size and flexibility,” continues Hill, “and also to provide in-depth information in a one-on-one atmosphere about the practical issues that make the Legacy the ideal balance between capability and cost.”

The tour will be supported at several stops by a fully finished Legacy factory demonstrator aircraft, which is presently being completed at the Embraer facilities in Brazil in preparation for its debut at the upcoming European Business Aviation Conference & Exhibition (EBACE) in Geneva, Switzerland. This aircraft, which is currently in high demand for demonstration flights around the world, will make an appearance at selected North American tour stops later this summer, depending on availability.

About The Legacy

With its 1,410 cu ft cabin, 3,100 nm range with 10 passengers, Mach .80 cruise speed, and $20.4 million completed price, the Legacy represents a combination of performance, luxury, and bottom-line sensibility that is resonating in the super mid-size jet market. Embraer has already logged 167 orders for the aircraft (73 firm, 94 options), and interest continues to grow.

The Legacy has completed flight testing and has been certified by the Brazilian Aviation Authority (CTA). Certification from the FAA and European JAA is expected in the second quarter of 2002, and customer deliveries are set to begin thereafter. In addition to a variety of executive configurations, the aircraft is also available in a “Legacy Shuttle” configuration, which can carries up to 19 passengers in business-class comfort.

Note to editors

Embraer (NYSE: ERJ; Bovespa: EMBR3 and EMBR4) is one of the world’s leading aerospace companies and is headquartered in São José dos Campos, state of São Paulo, with offices and customer service bases in Australia, China, France, Singapore and the United States, and a total workforce of 11,264 people in March 31, 2002. Embraer (Empresa Brasileira de Aeronáutica S.A.) has been Brazil’s largest exporter since 1999. In March 31, 2002, its backlog for firm orders amounts to US$ 10.3 billion and US$ 12.7 billion in options.

Embraer has 32 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft aimed for the world airline, corporate and defense markets.

This press release includes forward-looking statements or statements about events or circumstances which have not occurred. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting our business. These forward-looking statements are subject to risks, uncertainties and assumptions, including, among other things: general economic, political and business conditions, both in Brazil and in our markets; anticipated trends in our industry; our expenditure plans; our ability to develop and deliver our products on a timely basis; and existing and future governmental regulation. The words “believes,” “may,” “will,” “estimates,” “continues,” “anticipates,” “intends,” “expects” and similar words are intended to identify forward-looking statements. We undertake no obligations to update publicly or revise any forward-looking statements because of new information, future events or other factors. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release might not occur. Our actual results could differ substantially from those anticipated in our forward-looking statements.

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