PARIS, June 18, 2013 /PRNewswire/ -- Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) and Consorcio Venezolano de Industrias Aeronauticas y Servicios Aereos, S.A. (Conviasa), a Venezuelan airline, signed a contract for seven EMBRAER 190 jets, exercising options from the original order released in July 2012, which provided for six firm orders and 14 options. The announcement was made during the 50th Paris Air Show, in France.
Therefore, Conviasa now has a total of 13 firm orders for the E190 jet, besides options for another seven aircraft of the same model.
"This confirmation by Conviasa shows that the E-Jets are the best solution on the market both for fleet renewal and for adjusting capacity to demand. It is rewarding to be able to contribute to the modernization of air transportation in Venezuela," said Paulo Cesar Silva, President and CEO of Embraer Commercial Aviation. "Combining economy and high operating efficiency with excellent comfort for passengers, the E-Jets have been continuously increasing their global customer base."
Conviasa currently operates six E190 jets on regional routes in Venezuela and in the Caribbean. By the end of 2013, the airline will be operating a total of twelve E190 jets, all configured with 104 seats in a single class.
This additional aircraft order demonstrates the confidence Conviasa has in Embraer and in the E190 jet for our fleet renewal, advancing the company's mission to be an essential element in Venezuela's development," said Cesar Martinez Ruiz, President of Conviasa. "Ever since it went into service, the E190 has shown excellent operating performance and has captivated passengers with the comfort it provides."
After placing the first E-Jet on the market in 2004, Embraer has delivered more than 950 jets from this family. Currently, 65 airline companies in 47 countries have chosen the versatile aircraft family with 70 to 130 seats. Embraer's customers operate the E-Jets in a variety of business models, ranging from programmed tourism operations to traditional and low-cost airline companies, in addition to regional routes.
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Note to Editors Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: 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 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. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect Embraer'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 Embraer 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. Embraer 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 Embraer expectations.
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SOURCE Embraer S.A.