Embraer Takes Additional Order from Executive AirShare

SAO JOSE DOS CAMPOS, Brazil, Oct. 9 /PRNewswire-FirstCall/ -- Embraer signed Executive AirShare, from Kansas City, Mo., for an expansion order for the Phenom 300 jet. The deal adds two firm orders to the customer's current backlog of four firm orders and four options for this model.

Executive AirShare, which is one of the largest regional fractional aircraft ownership companies in the U.S., and also has firm orders for the Phenom 100, had already doubled its order for the Phenom 300 jet in May 2008.

"We are proud of being a part of Executive AirShare's success by offering modern, comfortable and reliable products," said Ernest Edwards, Embraer Vice President, Marketing and Sales USA, Canada, Mexico and the Caribbean - Executive Jets. "This additional order confirms, once again, the wide acceptance of our Phenom jets."

"Both Phenom aircraft offer the range, speed, comfort and payload that our customers are seeking," said Keith D. Plumb, Executive AirShare President and Chief Operating Officer (COO). "Our shareowners are particularly excited about the progress Embraer is making toward certification of the Phenom 100 and the impressive flight testing performance of the Phenom 300."

The first Phenom 100 is scheduled to be delivered to Executive AirShare in the second quarter of 2009, while the Phenom 300 is expected for 2011. The two jets are a perfect match for the company, the only established fractional aircraft ownership to offer these two Embraer models. Executive AirShare's members have access to their aircraft for a given number of days per year rather than a strict number of annual flight-hours, as is the case with most similar companies.

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.

    Headquarters (Brazil)
    Rosana Dias
    rosana.dias@embraer.com.br
    Cell: +55 12 9724 4929
    Tel.: +55 12 3927 1311
    Fax: +55 12 3927 2411

    North America
    Christine Manna
    cmanna@embraer.com
    Cell: +1 954 383 9950
    Tel.: +1 954 359 3879
    Fax: +1 954 359 4755

    Europe, Middle East and Africa
    Stephane Guilbaud
    sguilbaud@embraer.fr
    Cell: +33 6 7522 8519
    Tel.: +33 1 4938 4455
    Fax: +33 1 4938 4456

    China
    Tracy Chen
    tracy.chen@bjs.embraer.com
    Cell: +86 139 1018 2281
    Tel.: +86 10 6598 9988
    Fax: +86 10 6598 9986