Fri, Jun 20, 2008
Holds Options, Purchase Rights On Another 25
Embraer announced Thursday that Brazilian regional carrier TRIP
Linhas Aéreas has ordered five Embraer 175 jets. The deal
also includes options for 10 more, plus purchase rights for another
15. The total value of the firm orders, at list price, is US$ 167.5
million, and could go over $1 billion, if alloptions and purchase
rights are exercised.
"We are proud to have TRIP Linhas Aéreas as the newest
operator of our E-Jets family in Brazil," said Frederico Fleury
Curado, Embraer President and CEO. "TRIP is one of the largest
regional airlines in South America, and we are certain that the
Embraer 175 will contribute to both enhance its growth process and
consolidate Brazil’s regional air transportation
network."
TRIP’s Embraer 175 jets will be configured in a single
class, offering seating for 86 passengers. Delivery of the first
airplane is expected for 2009.
"The Embraer 175 was chosen by TRIP after a thorough
technical-economic evaluation," said José Mário
Caprioli, founder and President of TRIP Linhas Aéreas. "The
model presented advantages in the three basic aspects of our
analysis: best relationship between operating cost and passenger
comfort, performance on short runways, and seating capacity. This
last factor was decisive for us, since we are a regional airline
and, for that reason, we need a fleet of aircraft with less seats,
in order to serve our markets and maintain our operations. We are
proud of the fact that the jet is made in Brazil and that we can
collaborate in integrating the Brazilian commercial aviation
system."
The Embraer 175 is the second of the four members of the E-Jets
family and entered service in July 2005. As of March 31, Embraer's
170/190 E-Jets had logged 835 firm orders and 840 options from more
than 45 customers in 28 countries, and had surpassed 1.4 million
flight hours.
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