SAO JOSE DOS CAMPOS, Brazil,
May 19, 2015 /PRNewswire/ -- Embraer
S.A. and China's Tianjin Airlines,
a subsidiary of the HNA Group, have signed the final agreement for
the sale of 22 aircraft. The contract, with an estimated value of
USD 1.1 billion at current list
prices, comprises 20 E195s and two E190-E2s, making HNA Group
Tianjin Airlines the first Chinese airline to order the E-Jets E2s.
The agreement between the two companies for 40 aircraft was
previously announced during Chinese President Xi Jinping's State
visit to Brazil, in July 2014. The remaining 18 E190 E2 will be part
of a second approval by the Chinese authorities in a later
stage.
The first E195 will be delivered in 2015, and the first E190-E2
is scheduled for delivery in 2018. This order will be incorporated
in Embraer's 2015 second-quarter backlog. Tianjin Airlines is
currently the operator of the largest fleet of E-Jets in
Asia.
"We are honored to confirm this repeated order for our largest
client in Asia," said Paulo Cesar Silva, President & CEO, Embraer
Commercial Aviation. "China is
growing very fast and there is a need for smaller narrow-body jets
to support efficient hub and spoke operations, complementing larger
narrow-body aircraft operations, thus providing an ideal balance of
frequency and seats, encouraging the development of new markets
with lower risks and incremental capacity, while generating
significant demand for new aircraft in this category."
"As the number of passengers is growing in China, these E195s will be very important to
support Tianjin Airlines' strategy to attend this demand," said
Du Xiaoping, the Chairman of Tianjin
Airlines. "We are very satisfied with the E190s that are currently
in operation and are sure that the new airplanes will allow us to
achieve our development objectives."
The Embraer-Tianjin Airlines partnership is well established.
Tianjin Airlines was the launch customer for the E190 in
China and operates the largest
E-Jets fleet in Asia with 50 E190s
in its fleet. It is also the first carrier being appointed as an
Authorized Service Center for Embraer aircraft in China. Recently, the carrier announced to
install Embraer AHEAD-PRO system for all its 50 E190s, becoming the
first user of this system in China.
HNA Group Tianjin Airlines was launched as the first true
regional airline in China in 2009.
In 2010, the carrier changed its focus from purely regional
operations to a combination of mainline and regional services. Its
aim is to become a medium-to-large international airline, as it
pursues a new "regional aviation and global operations" strategy.
In 2011, Tianjin Airlines received the "Best Regional Aviation
Airline in China" and "Global
Four-star Airlines" awards from Skytrax for its outstanding
achievement. Today, the carrier operates a fleet of more than 80
jets that serves some over 100 domestic and international cities
and carries over ten million travelers.
About Embraer Commercial Aviation
Embraer is the world's leading manufacturer of commercial jets
that seat up to 130 passengers. Nearly 900 aircraft from the 37,
44, and 50-seat ERJ 145 family of regional jets have been delivered
to airlines since their introduction in 1996. The E-Jet family
includes four larger aircraft that have between 70 and 130 seats.
The E170, E175, E190, and E195 set the standard in their category
with their advanced engineering, high degree of efficiency,
spacious, ergonomic cabins with two-by-two seating, and attractive
operating economics. Since E-Jets entered revenue service in 2004,
Embraer has received over 1,500 firm orders for this aircraft
family. More than 1,100 have been delivered.
In 2013, Embraer launched E-Jets E2, the second generation of
its E-Jets family of commercial aircraft comprised of three new
airplanes – E175-E2, E190-E2, E195-E2 – seating from 70 to 130
passengers. The E190-E2 is expected to enter service in the first
half of 2018. The E195-E2 is slated to enter service in 2019 and
the E175-E2 in 2020.
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Note to Editors
Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world's
largest manufacturer of commercial jets up to 130 seats, and one of
Brazil's leading exporters.
Embraer's headquarters are located in Sao Jose dos Campos,
Sao Paulo, and it has offices,
industrial operations and customer service facilities in
Brazil, China, France, Portugal, Singapore, and the U.S. Founded in 1969, the
Company designs, develops, manufactures and sells aircraft and
systems for the commercial aviation, executive aviation, and
defense and security segments. It also provides after sales support
and services to customers worldwide. For more information, please
visit www.embraer.com.br.
This document may contain projections, statements and
estimates regarding circumstances or events yet to take place.
These projections and estimates are based largely on current
expectations, forecasts of future events and financial trends that
affect Embraer's businesses. Those estimates are subject to risks,
uncertainties and suppositions that relate to, among others:
general economic, political and trade conditions in Brazil and in those markets where Embraer does
business; expectations of 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 intended to identify potentialities. Embraer does not
undertake 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 may therefore
differ substantially from those previously published as Embraer
expectations.
Contacts:
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
Robert Stangarone
rstangarone@embraer.com
Cell: +1 954 260 9939
Tel.: +1 954 359 3101
Fax: +1 954 359 4755
Europe, Middle East and Africa
Herve Tilloy
herve.tilloy@embraer.fr
Cell: +33 6 0864 3545
Tel.: +33 1 4938 4530
Fax: +33 1 4938 4456
China
Mirage Zhong
mirage.zhong@bjs.embraer.com
Cell: +86 138 1191 8053
Tel.: +86 10 6598 9988
Fax: +86 10 6598 9986
Asia Pacific
Nilma Missir-Boissac
Nilma.boissac@sin.embraer.com
Cell: +65 9012 8428
Tel.: +65 6305 9955
Fax: +65 6734 3908
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SOURCE Embraer S.A.