EMBRAER DISCLOSES MORE THAN US$ 1.1 BILLION IN ORDERS AT THE 2007
SÃ£o JosÃ© dos Campos, November 15, 2007
â€“ The 2007 Dubai Air Show comes to an end with Embraer reporting more than US$ 1.1 billion in firm orders from nine customers worldwide. The Lineage 1000 ultra-large business jet, in particular, has been very successful, recently, with seven firm orders from three clients (Aamer Abdul Jalil Al Fahim, Al Jaber Aviation, and Falcon Aviation).
At the show, Embraer also revealed firm orders for seven Legacy 600s from four customers (Al Jaber, Falcon Aviation, Globalia, and Platinum) and 37 Phenom jets (from Falcon Aviation, Globalia, Invision, and DANA Airlines).
â€œThe Middle East region continues to thrive as one of today’s most significant business aviation markets,â€ said LuÃs Carlos Affonso, Embraer Executive Vice President, Executive Jets. â€œWe displayed our complete Executive Jets portfolio at the Dubai Air Show, and visitors were able to see for the first time in the region the cabin mock-ups of the Lineage 1000 and
Phenom 300. We were glad to see the great acceptance for our jets and to disclose firm orders for 51 aircraft, valued at more than US$ 623 million.â€
On the commercial aviation side, Saudi Arabiaâ€™s NAS Air placed an order for five EMBRAER 190 jets. The airline announced a separate contract for leasing another five E-Jets â€“ three EMBRAER 190s and two EMBRAER 195s â€“ from GE Commercial Aviation Services (GECAS). Furthermore, Virgin Nigeria signed a contract for seven EMBRAER 170s and three EMBRAER 190s, with options for another six EMBRAER 190s and purchase rights for eight EMBRAER 190s or EMBRAER 195s.
â€œSince we sold the first EMBRAER 170 to Saudi Arabian Airlines, back in 2005, the success of our E-Jets family in the Middle East has been continuous,â€ said Mauro Kern, Embraer Executive Vice President, Airline Market. â€œThe order from NAS Air comes at the right time to demonstrate, once again, the versatility of this family which is suitable for virtually every kind of operation, from mainline to low-cost and regional air transport.â€
The aggregate value of these E-Jets firm orders is US$ 479 million, totaling more than US$ 1.1 billion, with the executive aviation orders.