Embraer Discloses Firm Order from JAL
PARIS, June 18, 2013 /PRNewswire/ -- Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) disclosed a firm order from Japan Airlines (JAL) today for another four EMBRAER 170 jets. The firm order is already included in Embraer's backlog as an "undisclosed" customer. With this new agreement, the total number of firm orders for the E170 from JAL is 15 aircraft.
As with the previous aircraft ordered by JAL, these four E170s will be configured with 76 seats in a single-class layout and will be operated by J-AIR, JAL's wholly owned subsidiary that serves the company's domestic network. The airline already operates twelve E170s, with an outstanding dispatch reliability of 99.7% over the last 12 months.
"We are honored to have this new order from JAL, which is another endorsement of the E170's capabilities on domestic routes in Japan," said John Slattery, Chief Commercial Officer (CCO), Embraer Commercial Aviation. "Since we delivered the first aircraft to JAL in 2008, we have established a commitment to support the airline's return to growth with the E170s enabling the re-launch of several routes, whilst also better matching capacity to demand."
"We are operating approximately 158 flights daily to 27 destinations in 20 cities throughout Japan. Using these additional aircraft, we are able to expand our network to and from Osaka Itami Airport which is our main base of operations. Our customers also appreciate that the E170 provides a comfortable and reliable solution for J-AIR" said Tetsuya Onuki, President, J-AIR.
Embraer has also signed an extension of the Pool Program with JAL to include these additional four aircraft. The program covers more than 300 part numbers for all E170 jets operated by J-AIR.
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About Japan Airlines (JAL)
JAL, Japan Airlines Co., Ltd. (www.jal.com), through its six subsidiaries, flies the company's current twelve E170 jets (two of four additional aircraft included herein) on domestic routes operating from four hub airports. Recent restructuring, implemented due to skyrocketing fuel cost, is strengthening and refocusing the Group in Japan and throughout Asia.
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 USA. 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.
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