Thu, May 04, 2006
Swiss On-Demand Service JetBird Will Begin Ops In 2009
On Wednesday, Embraer announced that
Geneva-based on-demand service JetBird acquired 50 Phenom 100 jets,
and has placed an option for an additional 50 aircraft. The
contract also allows JetBird to convert its positions into either
the Phenom 100, or the larger Phenom 300.
The value of the contract is in the order of US$ 140 million at
list price in January 2005 economic conditions, with a potential of
reaching approximately US$ 280 million if all options are
converted.
"One year ago today we launched the Phenom 100 and the Phenom
300 at a ceremony in Washington DC. We said at the time that
Embraer had identified new opportunities in the business aviation
segment and announced a portfolio expansion to respond to market
needs," said Maurício Botelho, Embraer President and CEO.
"There is a significant potential for very light and light jet
products in Europe, and we are glad to offer JetBird the Phenom as
the right airplane at the right time."
The Phenom 100 is expected to enter service in mid-2008 and
JetBird is scheduled to take delivery of its first aircraft in
April 2009 -- just as the Swiss company launches service from
Zurich.
"The commercialization of JetBird’s vision is in the hands
of a capable, international team of industry professionals with
unparalleled sector experience," said Dómhnal Slattery,
Founder and Chairman of JetBird. "We are delighted to have Embraer
as a key stakeholder in our business given its exemplary track
record of innovation in aircraft design and production."
With this order, JetBird becomes the European launch fleet
customer for the Phenom 100, whose full-scale mock-up interior is
being displayed this week, along with its sister Phenom 300 mockup,
at EBACE2006 in Geneva.
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