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Embraer announced today that the Legacy, the newest entry into the super mid-size business jet category, has received full type certification from the U.S. Federal Aviation Administration (FAA). Achieving this major program milestone clears the way for first U.S. deliveries of the Legacy, scheduled to begin in the fourth quarter of this year.

“The Legacy is a new way of thinking that strikes an ideal balance between capability and cost, comfort and common sense,” said Sam Hill, Embraer vice-president for the corporate aviation market. “Its combination of size, speed, range and price represents a change in the way business jet owners will view the current competitive offerings.”

The aircraft received certification from the Brazilian aviation authority (CTA) in December 2001, and from the European Joint Aviation Authorities in July 2002.

Based on Embraer's highly successful ERJ 135 airframe, the Legacy features the largest cabin in its class (1,410 cubic feet or 39.9 cubic meters) and a range of 3,100 nautical miles (5,741 km) with 10 passengers and NBAA IFR reserves. With a maximum speed of Mach .80, a takeoff distance of less than 5,800 feet (1,767 meters), and a completed price of just $20.4 million, the Legacy offers customers a value unprecedented in this category of aircraft.

The Legacy is available in two primary models with a variety of certified interior options for each. The Executive model accommodates up to 18 passengers and features leather seats, individual and staff work tables, galley and lavatory, large wardrobe and stowage compartments, 240 cubic feet (6.8 cubic meters) of baggage space, and provisions for high speed communications.

The Shuttle features business class seating for up to 19 passengers in versitile arrangements designed to meet customer requirements. The Shuttle retains the same cabin space of the Executive version, but with an additional wardrobe and stowage cabinent and a larger baggage compartment (325 cubic feet or 9.2 cubic meters).

The Legacy is powered by two Rolls-Royce AE3007 engines with dual full authority digital engine controls for efficient operation. Standard avionics include Honeywell’s Primus 1000 integrated system with data presented through five flat-panel displays. The avionics suite includes a traffic collision avoidance system, enhanced ground proximity warning, dual flight mangement systems with global satellite positioning, an intertial reference system, weather radar, satellite communications, and a Category II autopilot/flight director. The Legacy is compliant with Reduced Vertical Separation Minimums standards.

The current order book for the super mid-size Legacy stands at a total of 164 aircraft with 71 orders and 93 options worldwide. Aircraft have already been delivered to customers in Latin Amercia and Europe, and will soon be delivered to the U.S. launch customer. To support the Legacy operators coming online, Embraer has built upon its existing, worldwide customer support network by forming partnerships with leading business aviation service providers. This combination of global infrastructure and business aviation expertise assures Legacy operators convenient access to technical assistance, training, and service – wherever their business takes them.

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 11,876 people, as of June 30, 2002. Embraer (Empresa Brasileira de Aeronáutica S.A.) has been Brazil’s largest exporter since 1999. As of June 30, 2002, its backlog for firm orders was valued at to US$ 10.1 billion and US$ 13.7 billion in options.

Embraer has 33 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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