Aviation Today Free e-Mail Newsletter Free Aviation Job Alerts
Home Aviation Today's Daily Brief Avionics Aviation Maintenance Rotor & Wing Air Safety Week Aircraft Value News
View by Category:  Military | Commercial | Business & General Aviation | Rotorcraft | Air Traffic Control | Maintenance
Advanced Search


Aviation Today Market Leaders
Subscribe
Jobs
Podcasts
Webinars
Videos
Blogs
Databases &
   Buyer's Guides

White Papers/
   Technical Reports/
   Supplements

Research Reports
Article Archives
Press Releases
From the PR Wires
Industry Links



Top Stories
Aviation e-letter
Financial Center
Calendar
Media Kits
About Us
Contact Us
Twitter

Tuesday, July 15, 2008

Embraer Signs NIKI Airline for Five EMBRAER 190 Jets

SAO JOSE DOS CAMPOS, Brazil, July 15 /PRNewswire-FirstCall/ -- Embraer and Austria's NIKI Luftfhart GmbH signed a contract for five EMBRAER 190 jets. The agreement was announced today at the 60th Farnborough Airshow, in England, and includes purchase rights for another five aircraft, which could be either the EMBRAER 190 or the EMBRAER 195. The total value of the deal comes to US$ 187.5 million, and could double, if all options are confirmed for the EMBRAER 190. Deliveries are scheduled to begin in the first half of 2009.

"NIKI's decision to select the EMBRAER 190 to complement its existing fleet of narrowbody jets is great news indeed," said Mauro Kern, Embraer Executive Vice President, Airline Market. "The company is true to its low-cost airline philosophy and is paying special attention to the economic advantages our jets can deliver. The decision is even more remarkable when we consider the highly competitive environment of the low-cost segment in Europe."

NIKI's aircraft will be configured with 112 seats, a layout made possible by the carrier's selection of new "slim seats", which are thinner, in terms of the amount of material used, than the seats usually installed on the E-Jets, but offer comparable comfort to passengers.

Benefiting from the unparalleled efficient operating cost of the E-Jets, as well as low fuel burn and emissions levels, the low-cost carrier will be the first in Europe to combine two different aircraft sizes in its fleet: the 100-seat EMBRAER 190, optimized for mid-density routes, and conventional narrowbody aircraft seating 150 to 180.

"Operating an airline in such a challenging environment as we have today requires that you select the best aircraft to fulfill your mission," said Niki Lauda, founder and President of NIKI Luftfhart GmbH. "The airline market has been dramatically evolving lately, and, thanks to the economical performance of the EMBRAER 190, we can now afford to operate two different aircraft in our fleet. This is why we have opted for the E-Jet. The EMBRAER 190 is not only the perfect aircraft for right-sizing our fleet, but it also combines excellent economics with a high level of comfort that our discerning passengers have come to expect when they fly NIKI."

The EMBRAER 190 will serve NIKI's existing European network, operating from Vienna and Innsbruck, Austria. The airline also plans to fly the aircraft on new intra-European routes.

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

Copyright © 2009 Access Intelligence, LLC. All rights reserved. Reproduction in whole or in part
in any form or medium without express written permission of Access Intelligence, LLC is prohibited.
View Privacy Policy