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

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Embraer Signs Service Contract with Arkia Israeli Airlines - Flight Hour Pool Program will support the airline’s first EMBRAER 195 jet
Embraer Signs Service Contract with Arkia Israeli Airlines

 

NewswireTODAY - /newswire/ - São José dos Campos, São Paulo, Brazil, 2009/09/28 - Flight Hour Pool Program will support the airline’s first EMBRAER 195 jet. NYSE: ERJ; Bovespa: EMBR3

   
 
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Embraer has signed a five-year Flight Hour Pool Program service contract with Arkia Israeli Airlines. This special support program reduces the customer’s initial investment cost for replacement parts and infrastructure by providing optimized inventory control.

“We are very pleased to provide Arkia with our Flight Hour Pool Program, which is the best solution for guaranteeing the support of their 122-passenger E-Jet,” said Leandro Laia, Embraer Vice President, Customer Support and Services, Europe, Africa and the Middle East – Airline Market.

The contract covers the EMBRAER 195 jet operated by Arkia. The airline took delivery of this first aircraft, which is approaching 2,000 flight hours of revenue service, in December 2008.

Through this program, Embraer quickly provides replacement parts and eliminates the customer’s need for inventory investments. Customers sign an agreement in which they pay a set amount, based on the number of flight hours the aircraft has enrolled in the program. Embraer assumes the responsibility for maintaining a parts inventory at its distribution and service centers, so that parts can be provided to operators as soon as they are requested.

“We are delighted to further expand our relationship with Embraer and join this maintenance program,” said Nir Dagan, Executive Vice President of Arkia Israeli Airlines. “We can now rely on a top-level maintenance package that will enable us to efficiently and intensively operate the aircraft, and it minimizes costs.”

About Arkia Israeli Airlines
Arkia Israeli Airlines (arkia.com) operates an increasing number of international scheduled and charter flights, including daily services to the Mediterranean and popular European cities, such as Paris (France), Barcelona (Spain), Tbilisi (Georgia), Kiev (Ukraine), and Moscow (Russia). The airline is actively looking to expand its operations through the acquisition of new companies, like tour operators, in order to position itself as an important and leading player in the aviation and tourism industries to and from Israel. A recent milestone was the achievement of a commercial license to perform scheduled flight services to Paris. This marks a significant turning point in the airline’s evolution into an official flag carrier that performs scheduled international flights. Further proof of its growing role in domestic and international operations is that Arkia maintains offices in ten Israeli cities and over 20 offices worldwide.

Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; Bovespa: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, the United States, France, Portugal, China and Singapore. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the commercial aviation, executive aviation, and defense segments. The Company also provides after sales support and services to customers worldwide. On June 30, 2009, Embraer (embraer.com.br) had a workforce of 17,237 employees – not counting the employees of its subsidiaries OGMA and HEAI – and its firm order backlog totaled US$ 19.8 billion.

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.

North America
Christine Manna
E: cmanna[.]embraer.com.
Cell: +1 954 383 9950
T: +1 954 359 3879
F: +1 954 359 4755

Europe, Middle East and Africa
Stéphane Guilbaud
E: sguilbaud[.]embraer.fr.
Cell: +33 6 7522 8519
T: +33 1 4938 4455
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.

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

 
 

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Embraer Signs Service Contract with Arkia Israeli Airlines

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Contact: Carlos Eduardo Camargo 
+55 12 3927 1311 carlos.camargo[.]embraer.com.br
 
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