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Jet Aviation Holdings Inc. and Embraer have signed an agreement under which Jet Aviation facilities in Teterboro (NJ), Bedford (MA) and Dallas (TX) will be authorized to provide maintenance for Embraer Legacy aircraft. Joining Jet Aviation's current Embraer Legacy Service Center in Palm Beach (FL), each of the facilities will comply with standards set by Embraer.

Jet Aviation crews at each location will be trained and authorized to perform line maintenance for the Legacy Executive and Shuttle versions, as well as the ERJ 135, ERJ 140 and ERJ 145. They also will be authorized to perform warranty work and administer the "Total Legacy Care" (TLC) program for Legacy owners and operators.

“As the Embraer Legacy family of business jets expands Jet Aviation will be available to provide world class service at each of our U.S. locations in addition to our Dusseldorf and London Biggin Hill facilities,” says Gary Dempsey, Senior Vice-President of Aircraft Maintenance and OEM Development.

Jet Aviation was founded in Switzerland in 1967 and is the leading business aviation services company today. More than 3,500 employees in over 60 facilities and stations worldwide cater to customers in North & South America, Europe, the Middle and Far East. The company provides maintenance, completions and engineering services, fixed base operations, along with aircraft sales, charter, and management on a global basis. Jet Aviation's U.S. and European aircraft management and charter divisions jointly operate a fleet of more than 160 aircraft. In 2003, Jet Aviation provided close to 60,000 hours in global flight operations.

About the Legacy Family

The Legacy is a super mid-size business jet based on the successful ERJ 135/145 regional jet platform with more than 800 aircraft in operation, close to 6 million hours flown and a dispatch reliability of over 99%. Certified by the Federal Aviation Administration (FAA) in 2002, the Legacy is operated in twelve countries.

The Legacy Executive carries up to 16 passengers in a 1,410 cu ft (39.9m3) first-class cabin and is priced at $21.15 million USD (January 2004 economic conditions). It cruises at a speed of up to Mach .80 and offers a range of 3,250 nm (6,019 km) with 8 passengers and NBAA reserves. The Legacy Shuttle transports up to 19 passengers in business-class comfort or up to 37 passengers in the Shuttle HC version. The Legacy boasts the largest baggage compartment in the industry with 240 cu ft (6.8 m3) in the Executive and 325 cu ft (9.2 m3) in the Shuttle.

With the most spacious cabin in its class and priced at about a third less than comparable aircraft, the Legacy offers an unprecedented balance between comfort, reliability and performance.

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Note to Editors

Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; Bovespa: EMBR3 and EMBR4) is the world’s leading manufacturer of Commercial jets up to 110 seats with 35 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft for the global airline, Defense and Corporate markets. With headquarters in São José dos Campos, state of São Paulo, the Company has offices and customer service bases in Australia, China, France, Singapore and the United States. Embraer is among Brazil’s leading exporting companies. As of September 30, 2004 Embraer had a total workforce of 14,541 people, and its firm order backlog totaled US$ 11.0 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 other: general economic, politic 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.

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