– Embraer and Premier Aviation signed a contract for four Phenom 100 jets at EBACE 2007, in Geneva, Switzerland. Deliveries will begin in 2009. The value of the contract is US$ 11.4 million, based on January 2005 economic conditions. This order was already included in Embraer’s backlog.
“We see this new contract with Premier Aviation as yet another confirmation that the cabin size will be a key differential for both Very Light and Light Jet markets,” said Luis Carlos Affonso, Embraer Executive Vice President, Executive Jets. “We are excited about the good reception of the Phenom family in Europe and we wish Premier Aviation great success with the Phenom 100.”
Premier Aviation’s Phenom 100 will be configured with four seats and a fully-enclosed lavatory. The aircraft will be available for both fractional ownership and conventional charter operations.
“We considered several very light jets before making the decision to opt for the Phenom 100,” said Alan Nee, Premier Aviation’s Managing Director. “We placed the emphasis on cabin comfort and customer support and reached the conclusion that the Embraer product was the best in its class in both criteria.”
About Premier Aviation
Premier Aviation is located in Leixlip, County Kildare, Ireland, and was created in 1995. The company is specialized in management and sales of both helicopters and jets. Premier Aviation also offers lease-back service to private owners. Premier Aviation’s current fleet consists of a mix of helicopters and jets. More information is available at www.PremierAviation.ie
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 March 31, 2007, Embraer had a workforce of 21,005 employees and a firm order backlog of US$ 15.0 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 the Company’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 the Company 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. The Company 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 Company expectations.