– Embraer signed a contract with Aircraft Asset Management AAM GmbH, of Hallbergmoos, Germany, for the sale of two Legacy 650 executive jets. The announcement was made today at the 62nd Annual Meeting and Convention of the National Business Aviation Association (NBAA), October 20-22, in the Orange County Convention Center, in Orlando, Florida, U.S. The total value of this first European order for the all-new Legacy 650, announced yesterday at the NBAA, at list price, is US$ 59 million, based on 2010 economic conditions. The aircraft will be operated by established private jet charter operator and Legacy 600 customer, DC Aviation, from Stuttgart, Germany. This deal is already included in Embraer’s firm order backlog for the third quarter of 2009.
“We are honored by the acquisition of two Legacy 650s by Aircraft Asset Management AAM GmbH. The aircraft will be operated by DC Aviation, and we are pleased that our newly launched 3,900-nautical-mile-range (7,223-km) executive jet has been selected for their business expansion,” said Luís Carlos Affonso, Embraer Executive Vice President, Executive Jets.
This is the second contract signed by Embraer and Aircraft Asset Management AAM GmbH. The German company initially ordered three Legacy 600s in 2007. Their first Legacy 650 will be delivered in the fourth quarter of 2010, joining two DC Aviation Legacy 600s. The second Legacy 650 will be delivered in 2011.
“We are especially proud to be one of the first European charter operators to add two Legacy 650s to our fleet. This new variant makes it possible for us to enlarge our long-haul fleet and our international flight services, enabling comfortable, nonstop flights on such popular business routes as London-Dubai or Dubai-Singapore,” said Steffen Fries, CEO of DC Aviation, and Managing Director of Aircraft Asset Management AAM GmbH. “The performance of the aircraft is very convincing, too. The Legacy 650 is faster in landing approach than other business jet models and, hence, offers better compatibility with traditional airline traffic. The inclusion of a forward lavatory is also a strong selling point.”
About the Aircraft Asset Management AAM GmbH
Headquartered in Hallbergmoos, near Munich, Germany, Aircraft Asset Management AAM GmbH & Co. KG is a strong service provider for the acquisition, renting and marketing of regional aircraft and business jets. It customers include, among others, Cirrus Airlines, Augsburg Airways, and the business jet operator DC Aviation.
About DC Aviation
DC Aviation GmbH, headquartered in Stuttgart, Germany, ranks as one of the leading business jet operators in Europe. The company came into being in 2008, as a result of the merger of Cirrus Aviation and DaimlerChrysler Aviation, and offers a comprehensive portfolio, ranging from aircraft management via chartering to business jet maintenance. The young fleet, with an average age of less than three years, goes from the short-haul Citation XLS jet to such medium- and long- range jets as the Embraer Legacy 600, the Gulfstream G450 and G550, and the Airbus A319 CJ. In August 2008, the company became the first German supplier of private jets to receive the International Air Transport Association (IATA) Operational Safety Audit (IOSA) certificate, which was re-certified in May 2009. This world-renowned certificate is considered a seal of quality for flight safety. For more information about DC Aviation, visit www.dc-aviation.com
About the Legacy 650 executive jet
The large-cabin Legacy 650 carries 13 passengers (standard configuration). The quiet and refined cabin features a high-end interior and offers leather seats, divan, credenza, and tables for meals or meetings. There are also a spacious galley for preparing hot and cold meals, an ample aft lavatory, wardrobes, cabinets, and an entertainment system with DVD and satellite communication. Optional High-Speed Data (HSD) SwiftBroadband equipment and Wi-Fi technology enable customers to browse the Internet, access e-mails, and transfer files during flight, providing a better use of time, increased work productivity and more entertainment possibilities. The aircraft has a large baggage compartment, which is easily accessed during flight and has a total capacity of 240 cubic feet (6,800 liters).
Powered by two highly efficient Rolls-Royce AE 3007A2 engines, the jet has a maximum cruising speed of Mach 0.80. Its range of 3,900 nautical miles (7,223 km) with four passengers, or 3,800 nautical miles (7,038 km) with eight passengers, both with NBAA IFR fuel reserves, means that the aircraft can fly nonstop from London (UK) to New York (USA); Dubai (United Arab Emirates) to London or Singapore; Miami (USA) to São Paulo (Brazil); Singapore to Sydney (Australia); or Mumbai (India) to Central Europe.
The Legacy 650 also features Honeywell Primus EliteTM avionics. The flight deck incorporates an upgraded graphical user interface, enabling smarter and faster decisions while reducing pilot workload. Highly reliable Liquid Crystal Display (LCD) monitors add graphics capabilities not possible with Cathode Ray Tubes (CRT). Coupled Vertical Navigation (VNAV); Required Navigation Performance (RNP) 0.3; Future Air Navigation System (FANS) 1/A Controller to Pilot Datalink Communication (CPDLC); charts and maps; satellite weather; Wide Area Augmentation system -Localizer Performance with Vertical Guidance Approaches (WAAS/LPV); and SmartRunwayTM and SmartLandingTM Runway Awareness and Advisory System (RAAS) are some of the new features available. The Primus Elite also provides growth capabilities for Honeywell’s award-winning SmartViewTM Synthetic Vision System (SVS).
The list price of the Legacy 650 under 2010 economic conditions is US$ 29.50 million. The Legacy 600, under the same conditions, has a list price of US$ 27.45 million. For more information about Embraer Executive Jets, visit 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 segments. The Company also provides after sales support and services to customers worldwide. On September 30, 2009, Embraer had a workforce of 16,986 employees – not counting the employees of its subsidiaries OGMA and HEAI – and its firm order backlog totaled US$ 18.6 billion.
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