– Embraer and India’s Invision Projects Pvt. Ltd. have signed a contract for 18 Phenom 100 and two Phenom 300 executive jets. The new order was announced at the 2007 Dubai Air Show, November 11-15. The total value of the deal, at list price, is US$ 69.4 million, and deliveries will begin in August 2010. This is the largest business jet fleet order in India to date.
“We are honored to participate in the start-up of Invision’s branded charter and air taxi operations,” said Luís Carlos Affonso, Embraer Executive Vice President, Executive Jets. “Invision’s revolutionary business model initiative, combined with our innovative jets, will most certainly enjoy great acceptance in India, which we consider to be one of the most promising economies in the world.”
“Our priority was to find an aircraft that safely performs under Indian weather conditions, is luxurious enough to cater to High Networth Individuals (HNI) and top corporate executives, and is designed and built to airline standards for very high utilization,” said Mr. Vinit Phatak, Managing Director of Invision. “We were also looking for a well-established manufacturer that was flexible enough to incorporate in their design the extra safety equipment required by Indian’s Directorate General Civil Aviation (DGCA).”
Mr. Phatak added: “We found a match in the Phenom jets for all our essential parameters. For us, Embraer proved to be not only one of the world’s largest aircraft manufacturers, but also a company willing to take the special steps required to cater to the Indian subcontinent, an area considered to soon be one of the largest markets in the world.”
The Invision Group was founded by Mr. Vinit Phatak in the early ‘90s and began its activities in the wireless telecom industry as a modest sales and distribution company that sold antennas, cables and accessories in the India region. When the business successfully achieved an 80% market share in India for base station antennas, 51% of its equity was taken over by the world’s largest and oldest antenna manufacturing company, Kathrein Werke KG, of Germany. Currently, the joint venture company, Kathrein India Pvt. Ltd., oversees the sales and distribution of Kathrein products in the India region. In 2002, Invision diversified into the marine and aviation safety industry with the acquisition of a 30-year-old niche manufacturer, Meridian Inflatables Pvt. Ltd.. Invision plans to launch a general aviation company – Invision Air – in February 2008, which will run a branded charter and air taxi operation covering the India region with a fleet of very light and light jets. More information is available at www.invisionair.co.in
About the Phenom Jets
Premium comfort, outstanding performance and low operating costs are key design drivers for the Phenom 100 and Phenom 300 best-in-class jets. With the interior designed by BMW Group DesignworksUSA, both aircraft will offer pilots and passengers the comfort and style previously unknown in their categories. The relaxing ambience is enhanced by generous windows and the most ample cabin in their class. Onboard conveniences include a wardrobe or refreshment center, an aft cabin private lavatory with toiletry cabinet, and satellite communications.
The pilot-friendly cockpit and the docile flying qualities of the two new aircraft will enable single-pilot operation. Drawing from Embraer’s design and engineering experience, the Phenom 100 and the Phenom 300 are designed for high utilization and availability. For added safety and reliability, both jets will offer a standard anti-skid brake-by-wire system.
Based on Garmin’s all-glass, fully-integrated avionics suite, the Prodigy® flight deck offers Phenom jet operators more advantages than any other avionics suite on today’s market. The cockpit features three interchangeable 12-inch displays – two Primary Flight Displays (PFD) and one Multi-Function Display (MFD). The system integrates all primary flight, navigation, communication, terrain, traffic, weather, engine instrumentation, and crew-alerting system data and presents the composite information in brilliant, sunlight-readable color on three high-definition displays.
In a typical club configuration, the Phenom 100 will comfortably accommodate four passengers. The generous 55-cubic-foot (1.56-cubic-meter) baggage compartment is big enough to store luggage, golf bags and even skis.
Two Pratt & Whitney Canada PW617F engines, with 1,615 pounds of thrust each, power the jet. Its range with four occupants will be 1,160 nautical miles (2,148 km or 1,335 miles) with NBAA IFR reserves, 35 minutes, and 100 nm alternate; or 1,320 nautical miles (2,445 km or 1,519 miles) with NBAA VFR reserves, 45 minutes. The aircraft is capable of flying at 41,000 feet (12,497 meters) at a maximum operating speed of Mach 0.70 and is designed for short-field takeoffs. These characteristics will allow customers to fly nonstop from Riyadh (Saudi Arabia) to Cairo (Egypt), and Bangalore to Delhi (both in India) at a lower cost than competitive aircraft, including turboprops.
The Phenom 100 is priced at US$ 2.98 million, based on January 2005 economic conditions, in the baseline configuration, for FAA certification. The aircraft’s maiden flight took place last July, and the jet is currently carrying out the certification flight test campaign in order to enter service in mid-2008.
With a configuration to accommodate up to nine occupants, the Phenom 300 jet has a large 76-cubic-foot (2.15-cubic-meter) baggage compartment that will conveniently transport passengers’ luggage, golf bags and skis.
Two Pratt & Whitney Canada PW535E engines, with 3,200 pounds of thrust each, power this jet. Its range with six occupants will be 1,800 nautical miles (3,334 km or 2,071 miles) with NBAA IFR reserves, 35 minutes and 100 nm alternate. The aircraft is capable of flying at 45,000 feet (13,716 meters) at a maximum operating speed of Mach 0.78 and is also designed for short-field takeoffs. These capabilities will permit customers to fly nonstop from Riyadh (Saudi Arabia) to Athens (Greece) or Delhi (India); and from Bangalore to Delhi (both in India) or Bangkok (Thailand) at a lower cost than competitive aircraft.
Expected to enter service in mid-2009, the Phenom 300 is priced at US$ 6.65 million, based on January 2005 economic conditions, in the baseline configuration, for FAA certification.
More information about Embraer Executive Jets is available at 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 and Government segments. The Company also provides after sales support and services to customers worldwide. On September 30, 2007, Embraer had a workforce of 23,770 employees and a firm order backlog of US$ 17.2 billion.
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