Embraer Announces a Firm Order for 30 E-Jets by United Airlines
SAO JOSE DOS CAMPOS, Brazil, April 29, 2013
SAO JOSE DOS CAMPOS, Brazil, April 29, 2013 /PRNewswire/ -- Embraer announced
today that it has signed a firm order with United Airlines for the sale of 30
EMBRAER 175 jets, with options for an additional 40 of the same model, taking
the firm order and options to a total of up to 70 aircraft. If all options are
exercised, the combined order has an estimated value of USD 2.9 billion at
current list prices.
"With this order for the new enhanced E175 jet, we are delighted to reinforce
and extend our long-standing partnership with United Airlines, which was the
ERJ 145 launch customer back in 1996, known at that time as Continental
Airlines," said Paulo Cesar Silva, President and CEO, Embraer Commercial
Aviation. "This order from United, one of the world's leading airlines,
validates our investment strategy in the E-Jets, where we offer an optimized
product with all of the additional benefits of a proven and mature platform.
The E175 has proven itself to be the best product for the U.S. regional market
for the next decade and beyond."
The partnership between Embraer and United, which is the product of the 2010
merger of United Airlines and Continental Airlines, started with the sale of
EMB 120 Brasilia turboprops to Continental Airlines in the 1980s.
Subsequently, Continental was also the ERJ 145 jet launch customer, eventually
acquiring 275 jets, the largest ERJ fleet in the world. Currently, 38 E170s
are flying with United's regional partners under the United Express brand.
The E175s will be operated under the United Express brand. The aircraft will
be configured in a 76-seat layout. The first delivery is scheduled for the
first quarter of 2014.
"At United, we are focused on modernizing our fleet, and we look forward to
introducing the E175 to our United Express service. Compared to the 50-seat
aircraft we are replacing, these aircraft provide a superior customer
experience and are more fuel efficient," said Jim Compton, United's Vice
Chairman and Chief Revenue Officer. "With a large first-class cabin, wider
fuselage, and larger overhead bins, this aircraft brings an improved regional
flying experience to our customers."
As the leader in the 70 to 120-seat jet segment, Embraer continues to invest
in the E-Jets family, which is flown by over 60 airlines from more than 40
countries. The Company has begun implementing a series of enhancements to the
E175, including new wingtips, systems optimization, and aerodynamic
refinements that will lower fuel burn by as much as 5%. Longer maintenance
intervals and component improvements will increase aircraft productivity and
bring maintenance costs down. All of the United Airlines deliveries will
include these enhancements.
More than 150 E175s are currently in service with 12 carriers around the
world. The aircraft offers a 2,000 nm (3,706 km) range, short-field
performance, and superior hot-and-high capability. The E175's seating capacity
and its performance capabilities make it the ideal choice for the North
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About United Airlines
United Airlines and United Express operate an average of 5,472 flights a day
to 381 airports across six continents. In 2012, United and United Express
carried more passenger traffic than any other airline in the world and
operated nearly two million flights carrying 140 million customers. United
operates nearly 700 mainline aircraft and has made large-scale investments in
its fleet. In 2013, United will continue to modernize its fleet by taking
delivery of more than two dozen new aircraft. The company expanded its
industry-leading global route network in 2012, launching nine new
international and 18 new domestic routes. Business Traveler magazine awarded
United Best Airline for North American Travel for 2012, and readers of Global
Traveler magazine have voted United's MileagePlus program the best frequent
flyer program for nine consecutive years. United is a founding member of Star
Alliance, which provides service to 194 countries via 27 member airlines. More
than 85,000 United employees reside in every U.S. state and in countries
around the world. For more information, visit united.com or follow United on
Twitter and Facebook. The common stock of United's parent, United Continental
Holdings, Inc., is traded on the NYSE under the symbol UAL.
About Embraer Commercial Aviation
Embraer is the world's leading manufacturer of commercial jets seating up to
120 passengers. The ERJ 145 family includes three models with 37, 44 and 50
seats. Nearly 900 of these aircraft have been delivered to airlines since
their introduction in 1996. Four larger aircraft comprise Embraer's E-Jets
family with 70 to 120 seats. The E170, E175, E190, and E195 present
clean-sheet, new-generation designs optimized for their capacity segments.
They set the standard in their category with advanced engineering, high degree
of efficiency, spacious and ergonomic cabins with two-by-two seating, and
attractive operating economics. Since entering revenue service in 2004, more
than 900 E-Jets have been delivered and are currently flying with over 60
airlines in more than 40 countries in mainline, regional, tour operator, and
value carrier applications. www.EmbraerCommercialAviation.com
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.
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