FARNBOROUGH, United
Kingdom, July 15, 2014
/PRNewswire/ -- Embraer S.A. announced today, at the 2014 edition
of the Farnborough International Airshow, that it has signed a
Letter of Intent (LOI) with Azul Linhas Aereas Brasileiras S.A. for
30 firm orders for the E195-E2 jets. The firm order is expected to
be completed by the fourth quarter of this year, when the aircraft
will be added to the Company's backlog.
Besides the firm order, the LOI includes additional 20 purchase
rights for the same model, bringing the total potential order to up
to 50 E195-E2 jets. The contract for the E-Jets E2 has an estimated
value of USD 3.1 billion, at list
prices, if all purchase rights are converted to firm orders. As the
first airline to order the E195-E2, Azul becomes the launch
operator for this aircraft.
"With the E-Jets family as the backbone of it's fleet, Azul has
brought affordable air travel to an entirely new segment of the
population in Brazil," said
Paulo Cesar Silva, President &
CEO, Embraer Commercial Aviation. "With this order today, all of us
at Embraer are proud to know that the Brazilian market will
continue to be served long into the future with our latest
products. We thank Azul for their commitment and partnership which
has culminated in this very important milestone that we celebrate
today."
Currently, the Brazilian airline has a total of 82 E-Jets in
service and another 11 on order. It operates the largest fleet of
E195s in the world.
"Our partnership with Embraer has been fundamental to Azul's
success from the very beginning. Since 2008 the E-Jets have
enabled Azul's exponential growth, resulting in the creation of an
entirely new market for domestic air travel. In addition, by
selecting airplanes designed and developed in our home country,
Azul significantly contributes to thousands of highly skilled jobs
in Brazil", says David Neeleman, CEO. "The E2 will be the most
advanced model in its category, allowing us to reduce operating
costs, further increase capacity and deliver an even higher level
of service to our customers".
The first delivery of an E-Jets E2 (the E190-E2) is planned for
the first semester of 2018. The E195-E2 is slated to enter
service in 2019 and the E175-E2 in 2020. The E-Jets E2 program
reinforces Embraer's commitment to continuously invest in the
company's line of commercial jets and to maintain leadership in the
70 to 130-seat aircraft segment. Embraer's E-Jets E2s have
state-of-the-art geared turbofan engines. Combined with new
aerodynamically-advanced wings, full fly-by-wire flight controls
and improvements to other systems, the E2s will deliver significant
reductions in fuel burn, maintenance costs, emissions and external
noise.
About Azul
Azul, the third largest airline in Brazil, offers more than 870 daily flights to
104 destinations in the country. With a fleet of 141 aircraft and
10.000 crewmembers, the company currently has a 33% share of
departures of the Brazilian aviation market. In 2014 Azul was
elected for the fourth time in a row by Skytrax as the best low
cost carrier in Latin America. The
company was also recognized by FlightStats as the company with best
on-time performance in Latin
America and best low cost carrier in the world by CAPA in
2013. For more information visit www.voeazul.com.br
Follow us on Twitter: @EmbraerSA
Note to Editors
Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world's
largest manufacturer of commercial jets up to 130 seats, and one of
Brazil's leading exporters.
Embraer's headquarters are located in Sao Jose dos Campos,
Sao Paulo, and it has offices,
industrial operations and customer service facilities in
Brazil, China, France, Portugal, Singapore, and the U.S. Founded in 1969, the
Company designs, develops, manufactures and sells aircraft and
systems for the commercial aviation, executive aviation, and
defense and security segments. It also provides after sales support
and services to customers worldwide. For more information, please
visit www.embraer.com.br.
This document may contain projections, statements and
estimates regarding circumstances or events yet to take place.
These projections and estimates are based largely on current
expectations, forecasts of future events and financial trends that
affect Embraer's businesses. Those estimates are subject to risks,
uncertainties and suppositions that relate to, among others:
general economic, political and trade conditions in Brazil and in those markets where Embraer does
business; expectations of 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 intended to identify potentialities. Embraer does not
undertake 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 may therefore
differ substantially from those previously published as Embraer
expectations.
CONTACTS:
Headquarters (Brazil)
Rosana Dias
rosana.dias@embraer.com.br
Cell: +55 12 9724 4929
Tel.: +55 12 3927 1311
Fax: +55 12 3927 2411
North America
Robert Stangarone
rstangarone@embraer.com
Cell: +1 954 260 9939
Tel.: +1 954 359 3101
Fax: +1 954 359 4755
Europe, Middle East and Africa
Herve Tilloy
herve.tilloy@embraer.fr
Cell: +33 6 0864 3545
Tel.: +33 1 4938 4530
Fax: +33 1 4938 4456
China
Mirage Zhong
mirage.zhong@bjs.embraer.com
Cell: +86 138 1191 8053
Tel.: +86 10 6598 9988
Fax: +86 10 6598 9986
Asia Pacific
Nilma Missir-Boissac
Nilma.boissac@sin.embraer.com
Cell: +65 9012 8428
Tel.: +65 6305 9955
Fax: +65 6734 3908
SOURCE Embraer S.A.