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Mon, Nov 12, 2007

Oh My, Dubai! Embraer Wins Two New Executive Jet Orders

Entire Range Of Current Offerings Included

One thing is clear: bizjets are big business in the Middle East. Brazilian planemaker Embraer announced it won two new orders at the 2007 Dubai Air Show on Sunday, covering the entire range of current Embraer Executive Jet offerings.

Falcon Aviation Services (FAS) of Abu Dhabi, United Arab Emirates (UAE), ordered eight Embraer Executive Jets: four Phenom 300s, three Legacy 600s and one Lineage 1000 aircraft. The total value of the deal, at list price, is $145.78 million. This order is already included in Embraer’s backlog.

"We are very delighted to receive this order from an experienced and renowned operator like Falcon Aviation Services," said Luís Carlos Affonso, Embraer Executive Vice President, Executive Jets. "FAS customers will appreciate the luxurious interior and premium comfort offered by several cabin zones in the Legacy 600 and Lineage 1000, as well as the Phenom 300, which has the largest cabin and baggage compartment in the light jet category."

Also announced at Dubai was a new order from Spain’s Globalia Group, for 11 jets. The new order includes eight Phenom 100s, two Phenom 300s, and one Legacy 600.

The total value of the agreement, at list price, is $62.31 million.

"Spain is a very interesting market with new business models coming out, which may eventually transform the way we see executive aviation," said Luís Carlos Affonso, Embraer Executive Vice President, Executive Jets. "We are especially happy to have been selected by Pepe Jets and look forward to seeing the Phenom 100, Phenom 300 and Legacy 600 aircraft supporting Globalia’s newest venture success."

The aircraft will be operated by Pepe Jets, Globalia’s newest subsidiary, one of the largest tourism groups in Spain. Globalia also owns Air Europa, Spain’s second largest airline.

FMI: www.embraer.com

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