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Written by / Agency / Source: Empresa Brasileira de Aeronáutica S.A.

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Embraer Signs a USD 1.5 Billion Contract with Aldus Aviation for up to 35 E-Jets - Embraer has signed a contract with Aldus Aviation Limited, the Irish lessor, for the sale of 20 E-Jets, five EMBRAER 175 and 15 EMBRAER 190 - AldusAviation.com / Embraer.com
Embraer Signs a USD 1.5 Billion Contract with Aldus Aviation for up to 35 E-Jets

 

NewswireToday - /newswire/ - ​São José dos Campos, Brazil, 2013/01/17 - Embraer has signed a contract with Aldus Aviation Limited, the Irish lessor, for the sale of 20 E-Jets, five EMBRAER 175 and 15 EMBRAER 190 - AldusAviation.com / Embraer.com. NYSE: ERJ; Bovespa: EMBR3

   
 
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The contract also includes 15 purchase rights for any E-Jet family model. The deal can reach a total of USD 1.56 billion, in 2012 economics conditions. The firm orders are already included in Embraer’s 2012 fourth quarter backlog, where it was listed as “undisclosed” customer.

“This deal with Aldus Aviation, who uniquely have an exclusively 100% Embraer fleet, confirms the value of the E-Jets as an excellent financial asset for leasing and financing companies,” says Paulo Cesar Silva, President & CEO, Embraer Commercial Aviation. “It is exciting to count on Aldus to offer airline companies lease opportunities. Aldus has been a successful partner for Embraer, placing aircraft throughout Europe, Middle East, Australasia and Central and South America and this order will allow new market opportunities to be developed together.”

“The order is a culmination of many years of successful co-operation with Embraer in developing a leasing market for the E-Jet family,” says Stephen Gorman, Chief Executive of Aldus Aviation. “We view the E-Jet family as a key product, not only for Aldus, but for airlines seeking to provide a quality flying experience for passengers and generating profits in a challenging airline market. Several significant opportunities are in prospect and we believe that Embraer E-Jets will be increasingly central to fleet planning in many airlines.”

Since 2004, Embraer (embraer.com) has delivered over 900 E-Jets. Currently, 63 airlines in 43 countries choose this versatile family of four aircraft, from 70 to 120 seats. Embraer customers operate the E-Jets in a variety of business models, including network carriers, charter operators and low cost and regional airlines.

E-Jets have established new standards in ergonomics, operational efficiency and economics in the 70 to 120-seats jets category with unique features, such as fly-by-wire technology, which enhances flying characteristics and reduces pilot workload. E-Jets have been successful at assisting airline companies to adjust capacity to demand, replacing old and inefficient aircraft and developing new markets with lower costs, greater efficiency and superior passenger appeal.

About Aldus Aviation
Aldus Aviation Limited (aldusaviation.com) is an Irish based international leasing company focused on the ownership and leasing of Embraer's E-Jet (70-120 seat) family of aircraft. Aldus Aviation Limited manages aircraft on behalf of Aldus Aviation Fund Limited and as of Dec 31st 2012, the group had 21 owned Embraer 170/190/195 aircraft deployed in Europe, Middle East, Australasia, and Central and South America. The company acquired its first Embraer aircraft in 2008. The company is managed by a team of experienced industry professionals and is headquartered in Ireland, and has representative offices in the UK, the USA and South Africa.

North America
Robert Stangarone - E: rstangarone[.]embraer.com.
Cell: +1 954 260 9939 / T: +1 954 359 3101 / F: +1 954 359 4755

Europe, Middle East and Africa
Hervé Tilloy - E: herve.tilloy[.]embraer.fr.
Cell: +33(0)6 0864 3545 / T: +33(0)1 4938 4530 / F: +33 1 4938 4456

China
Tracy Chen - E: tracy.chen[.]bjs.embraer.com.
Cell: +86 139 1018 2281 / T: +86 10 6598 9988 / F: +86 10 6598 9986

Asia Pacific
Shorbani Roy - E: shorbani.roy[.]sin.embraer.com.
Cell: +65 9794 2401 / T: +65 6305 9955 / F: +65 6734 8255.

 
 
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Written by / Agency / Source: Empresa Brasileira de Aeronáutica S.A.

 
 

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Embraer Signs a USD 1.5 Billion Contract with Aldus Aviation for up to 35 E-Jets

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Embraer | Aldus Aviation Limited
Publisher Contact: Flavia Sekles - Embraer.com 
+55 12 3927 1311 flavia.sekles[.]embraer.com.br
 
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