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
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Tracy Chen
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