Embraer Delivers First Embraer 190 Jet to China's Kunpeng Airlines

Date : 08/29/2008 @ 8:46AM
Source : PR Newswire
Stock : (ERJ)
Quote : 14.4  -1.13 (-7.28%) @ 4:55PM
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Embraer Delivers First Embraer 190 Jet to China's Kunpeng Airlines

Airline is the second operator of the E-Jets family in mainland China

SAO JOSE DOS CAMPOS, Brazil, Aug. 29 /PRNewswire-FirstCall/ -- Embraer delivered, yesterday, the first of five EMBRAER 190 jets to China's Kunpeng Airlines Co. Ltd., one of the largest operators on the Chinese regional aviation market. In July 2008, during the 46th Farnborough Airshow, in the U.K, Embraer announced a firm order for five EMBRAER 190 jets by Kunpeng.

"We are very glad to see our EMBRAER 190 serving more Chinese passengers through the reliable operation of Kunpeng Airlines," said Mauro Kern, Embraer Executive Vice President, Airline Market. "We believe that the EMBRAER 190, with its superior performance, economics and comfort, will meet our Chinese customer's fleet needs, and contribute to its growth plans and success."

The aircraft is configured to comfortably accommodate 98 passengers in a dual-class layout, and will enhance significantly Kunpeng's operational capability.

"We are very pleased to take delivery of our first EMBRAER 190 jet, which we believe will be an ideal aircraft for us to explore the emerging Chinese regional aviation market," said Mr. Li Kun, Vice Chairman of the Board and President of Shenzhen Airlines Co., Ltd. "With this reliable new model entering service, we will be dedicated to building our company into the most sizable, characteristic, and competitive regional airline in mainland China."

Kunpeng Airlines is a joint venture between China's Shenzhen Airlines and the Mesa Air Group, of the United States, with the Chinese party holding the larger share. It officially started operations in September 2007, and has established more than 20 routes to date.

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 Cell: +55 12 9724 4929 Tel.: +55 12 3927 1311 Fax: +55 12 3927 2411

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

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

China Tracy Chen Cell: +86 139 1018 2281 Tel.: +86 10 6598 9988 Fax: +86 10 6598 9986

DATASOURCE: Embraer

CONTACT: Brazil, Rosana Dias, +011-55-12-3927-1311, Cell,

+011-55-12-9724-4929, Fax, +011-55-12-3927-2411, ;

North America, Christine Manna, +1-954-359-3879, Cell, +1-954-383-9950, Fax,

+1-954-359-4755, ; Europe, Middle East and Africa, Stephane

Guilbaud, +011-33-1-4938-4455, Cell, +011-33-6-7522-8519, Fax,

+011-33-1-4938-4456, ; China, Tracy Chen, +011-86-10-6598-

9988, Cell, +011-86-139-1018-2281, Fax, +011-86-10-6598-9986,

, all of Embraer

Web site: http://www.embraer.com.br/

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