Wed, Dec 03, 2008
Brings Globalia Subsidiary's Total Embraer Fleet To 11
Embraer signed a firm order with Globalia and Air Europa for an
additional six Embraer 195s to be operated by Air Europa. The deal
-- valued at US$ 237 million at list prices, based on January 2008
economic conditions -- converts the purchase rights
originally announced in February 2008. This
transaction is already included in Embraer’s third quarter
firm order backlog as "undisclosed."
"This is great news for Embraer and we are very pleased to
broaden our relationship with Air Europa. The company's decision to
further expand its E-Jets fleet makes us really proud," said Mauro
Kern, Embraer Executive Vice President, Airline Market. "I'm sure
the Embraer 195 will nicely complement their wide and narrow body
fleets and will play an important role in their expansion
plans."
The new Embraer 195s will be flown by Air Europa on short and
medium routes in Spain, the Balearic and Canary Islands, and
Europe. Delivery of the first aircraft confirming a purchase right,
should take place by mid-2010. Air Europa will be the first
operator in the world to fly the Embraer 195 in a single-class,
122-seat layout.
"The E-Jets are a proven product and we are confident the
Embraer 195 is the right aircraft to achieve our strategy of
growing our network," said Maria José Hidalgo, General
Director of Air Europa. "Configured with 122 seats, the aircraft
offers a highly competitive cost-per-seat against the larger
narrowbodies, without compromising efficiency or passenger
comfort."
One aircraft from the original order of six was resold by
Globalia to an undisclosed customer, resulting in a fleet of 11
Embraer 195 jets when all deliveries are completed.
The Embraer 195 entered service in September 2006, and is the
largest aircraft of the four member E-Jets family. On September 30,
2008, Embraer had logged 865 firm orders and 813 options for the
E-Jets family. With a total of more than 450 aircraft delivered to
date, the family has accumulated a customer base of 52 operators in
34 countries, worldwide, surpassing 2 million flight hours
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