Embraer 170 Is Chosen By EgyptAir The National Egyptian Carrier Order Includes Six Firm Aircraft, With Six

Options



    SAO JOSE DOS CAMPOS, Brazil, Sept. 18 /PRNewswire-FirstCall/ -- Embraer
 (NYSE:   ERJ) announced that EgyptAir Holding Company has placed a firm order
 for six EMBRAER 170s, with options for another six aircraft of the same
 type. Delivery of the first aircraft is scheduled for April 2007, when
 EgyptAir celebrates its 75th anniversary.
     The EMBRAER 170 will operate under EgyptAir's newly created subsidiary,
 EgyptAir Express, and the aircraft will be the launch airliner in EgyptAir
 Express' newest fleet. The aircraft will be configured in a single class
 layout, comfortably seating 76 passengers with leather seats.
     "We particularly take pride in selecting the product that would best
 serve our needs. Indeed, following a very technical assessment, the EMBRAER
 170 came out as the right aircraft to help launch our new subsidiary,
 EgyptAir Express," said Eng. Atef Abdul Hamid, Chairman of EgyptAir Holding
 Company, who commented on the new acquisition. "We consider Embraer a true
 winner, as the EMBRAER 170 perfectly responds to the new concept we are
 implementing within our continuing growing market."
     "The EMBRAER 170 will offer the highest level of comfort to our
 passengers when we start our operations in April 2007. And this is exactly
 what we want to achieve with EgyptAir Express: a high profile domestic and
 regional airline, which will not only serve, but will exceed our customers'
 expectations," said Mohamed Hassan, Chairman of EgyptAir Express.
     The EMBRAER 170's operations intend to serve primary and secondary
 destinations and integrate them within the Egyptian domestic and regional
 market.
     "Being one of the pioneering airlines in the world, EgyptAir truly
 honors us with this order. Above all, the airline's rigorous technical and
 operation evaluation to select the EMBRAER 170 makes the choice even more
 satisfying for Embraer," said Frederico Fleury Curado, Embraer Executive
 Vice-President, Airline Market. "The versatility of the E-Jets evidently
 proved crucial in EgyptAir's selection of the EMBRAER 170. That is an
 important validation of our strategy of providing airlines with flexibility
 to match demand and allow rapid adaptation to a market that constantly
 evolves. The E-Jets are new concept aircraft models designed for new
 concept operations."
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     Note to Editors
     Embraer (Empresa Brasileira de Aeronautica S.A.) (NYSE:   ERJ) (Bovespa:
 EMBR3) is the world's leading manufacturer of Commercial jets up to 110
 seats with 37 years of experience in designing, developing, manufacturing,
 selling and providing after sales support to aircraft for the global
 Airline, Executive, and Defense and Government markets. With headquarters
 in Sao Jose dos Campos, state of Sao Paulo, the Company has offices and
 customer service bases in the United States, France, Portugal, China and
 Singapore. Embraer is among Brazil's leading exporting companies. As of
 June 30, 2006, Embraer had a total workforce of 17,538 people, and its firm
 order backlog totaled US$ 10.2 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 others: general economic, political 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.
 
 

SOURCE Empresa Brasileira de Aeronautica S.A.

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