BOEING AND EMBRAER SIGN AGREEMENT FOR BROAD BUSINESS COOPERATION TO BENEFIT CUSTOMERS AND SUPPORT INDUSTRY GROWTH
Leading aerospace companies to explore ways to enhance aircraft efficiency and safety, productivity and research
Companies’ cooperation supports U.S.-Brazil commerce, trade and economic development

Embraer S.A. and Boeing today announced a cooperation agreement to work together to benefit their customers, their companies and the global aviation industry. The agreement establishes an important relationship between two of the world’s largest aerospace companies to cooperate in ways that enhance operational efficiency, safety and productivity, improve customer satisfaction and create value for both companies and their customers.

Frederico Curado, President and CEO of Embraer S.A., and Jim Albaugh, President and CEO of Boeing Commercial Airplanes, signed the agreement during the visit of Brazil's President to the United States and following the annual meeting of the U.S.-Brazil CEO Forum, a public-private partnership between the United States and Brazilian Governments which brings together chief executive officers from both countries. Curado and Albaugh are co-chairs of the CEO Forum’s aviation subcommittee.

Boeing and Embraer have agreed to pursue several areas of cooperation, including commercial aircraft features that enhance safety and efficiency, research and technology and sustainable aviation biofuels. They will also look for other areas to work together to bring mutual benefit and value to customers.

“This significant agreement between two proven aerospace leaders provides real opportunities to reduce customers’ operational costs and enhance fleet efficiency,” Albaugh said. “We look forward to working with Embraer to grow our industry and build a productive relationship that will benefit our companies and our countries.”

“Embraer has a clear commitment towards innovation lato sensu as well as aviation safety and efficiency,” Curado said. “I am certain that the collaboration with Boeing in some leading-edge matters will be beneficial for the industry and strengthen the ties between Brazil and the United States.”

The announcement by Embraer and Boeing was made on the same day as the signing by the Brazilian and United States Governments of a Memorandum of Understanding on the Aviation Partnership, to expand and deepen cooperation between the two countries on civil aviation, by facilitating the liaison between government agencies and increase private sector cooperation and awareness, creating economic partnerships and promoting investments.

Boeing and Embraer have already engaged in other cooperative agreements. In July 2011 they announced plans to jointly fund an analysis of opportunities to produce sustainable aviation jet fuel from sugarcane. In March 2012, Boeing, Embraer and Airbus announced a memorandum of understanding to work together on the development of drop-in, affordable aviation biofuels.

Embraer has had a corporate presence in the U.S. for over 3 decades and last year started manufacturing activities at its facility in Melbourne, Florida, where it is currently assembling executive jets. More recently, Embraer announced the creation of the Embraer Engineering and Technology Center USA to conduct research and development activities for both product and technology development across Embraer’s business lines.

Boeing has had a strong and enduring partnership with Brazil for 80 years, since delivery of 14 F4B-4 fighters to the Brazilian Government in 1932 and as a commercial aircraft provider to Brazilian airlines. In October 2011, Boeing opened its Brazil office in São Paulo, and said in December that it will partner with the Brazil-U.S. Fulbright Commission to fund “Science Without Borders” fellowships for 18 Brazilian aerospace and aeronautical engineering students. Last week, the company announced that it will open Boeing Research & Technology-Brazil to work with leading Brazilian researchers and scientists to develop aerospace technologies.

The U.S.-Brazil CEO Forum comes together to provide joint recommendations to the two Governments on ways to strengthen the U.S.-Brazil economic relationship. This is the Forum’s seventh meeting.

Being/Embraer, WASHINGTON, D.C., April 9, 2012

JAL SIGNS AN AGREEMENT TO ADD A NEW EMBRAER 170 JET TO ITS FLEET

After delivering ten EMBRAER 170 jets to Japan Airlines (JAL), Embraer has signed an amendment to the original contract, signed in June 2007 with the Japanese airline, for a new E170 jet. The value of the deal, at list price, is USD 38 million.



As the previous ones, this E170, powered by GE CF34-8E engines, will be configured for 76 passengers, in a single class, and will be operated by J-AIR, which is a wholly owned subsidiary of JAL, serving the company’s regional network in Japan. Delivery is planned for the last quarter of 2012.

“JAL’s latest order is an important recognition of the E-Jets excellent performance in terms of schedule reliability, comfort and economics,” said Paulo Cesar Silva, Embraer President, Commercial Aviation. “We continue to build a solid relationship with JAL, which has been deploying our E-Jets to right-size some of its narrow-body markets and developing new routes across Japan.”

“With this additional EMBRAER 170 order, Japan Airlines continues the process of optimizing its domestic route network, begun in February 2009, when the first E-Jet started commercial service at J-Air. The E170 is extremely popular for a variety of reasons. First, with our business customers because it allows us to add flights as demand in key markets grows; second, our shareholders because of the fleet's economic contribution to our turn-around plan; and third, our Operations Department because it is among the most reliable airplanes we operate today," said Tsuyoshi Yamamura, J-AIR President and JAL Executive Officer.

With the current fleet of ten E170s, J-Air replaced old and inefficient aircraft on routes such as Tokyo-Haneda to Nanki-Shirahama and between Osaka-Itami to Aomori. The airline also re-launched some routes, including Osaka-Itami to Miyazaki, previously flown with old and bigger jets, adjusting capacity to demand.

Embraer, Singapore, April 4, 2012

Boeing, Airbus and Embraer to Collaborate on Aviation Biofuel Commercialization
Accelerating Availability is Key Pillar of Industry's Sustainable Growth Strategy

Boeing, Airbus and Embraer today signed a memorandum of understanding to work together on the development of drop-in, affordable aviation biofuels. The three leading airframe manufacturers agreed to seek collaborative opportunities to speak in unity to government, biofuel producers and other key stakeholders to support, promote and accelerate the availability of sustainable new jet fuel sources.

Boeing Commercial Airplanes President and CEO Jim Albaugh, Airbus President and CEO Tom Enders, and Embraer Commercial Aviation President Paulo Cesar Silva, signed the agreement at the Air Transport Action Group (ATAG) Aviation and Environment Summit in Geneva.

"There are times to compete and there are times to cooperate," said Jim Albaugh. "Two of the biggest threats to our industry are the price of oil and the impact of commercial air travel on our environment. By working with Airbus and Embraer on sustainable biofuels, we can accelerate their availability and reduce our industry's impacts on the planet we share."

"We've achieved a lot in the last ten years in reducing our industry's CO2 footprint - a 45 percent traffic growth with only three percent more fuel consumption," said Tom Enders. "The production and use of sustainable quantities of aviation biofuels is key to meeting our industry's ambitious CO2 reduction targets and we are helping to do this through Research and Technology our expanding network of worldwide value chains and supporting the EU commission towards its target of four percent of biofuel for aviation by 2020."

"We are all committed to take a leading role in the development of technology programs that will facilitate aviation biofuels development and actual application faster than if we were doing it independently," said Paulo Cesar Silva. "Few people know that Brazil's well known automotive biofuels program started within our aeronautical research community, back in the seventies, and we will keep on making history."

The collaboration agreement supports the industry's multi-pronged approach to continuously reduce the industry's carbon emissions. Continuous innovation, spurred by competitive market dynamics that push each manufacturer to continuously improve product performance, and air traffic modernization, are other critical elements to achieving carbon-neutral growth beyond 2020 and halving industry emissions by 2050 based on 2005 levels.

"Having these three aviation leaders set aside their competitive differences and work together in support of biofuel development, underscores the importance and focus the industry is placing on sustainable practices," said ATAG Executive Director Paul Steele. "Through these types of broad industry collaboration agreements, aviation is doing all it can to drive measurable reductions in carbon emissions, while continuing to provide strong global economic and social value."

All three companies are affiliate members of the Sustainable Aviation Fuel Users Group (www.safug.org), which includes 23 leading airlines responsible for approximately 25 percent of annual aviation fuel use. Boeing and Embraer are already collaborating on how to establish a sustainable aviation biofuels industry in Brazil and exploring new technology pathways to broaden biofuel sourcing and availability. Boeing and Airbus are also active around the globe in helping to establish regional supply chains, while the three manufacturers have all supported numerous biofuel flights since global fuel standards bodies granted their approval for commercial use in 2011.

News Release Issued: GENEVA, March 22, 2012 /PRNewswire/

Embraer and Bulgaria Air celebrate the first delivery of four EMBRAER 190s, today, in a ceremony at the airline’s headquarters in Bulgaria‘s capital city, Sofia. The remaining three aircraft will be delivered by the end of this year.



The airline’s E190s are the Advanced Range (AR) version with a nominal range of 2,400 nautical miles (4,448 kilometers). Each aircraft is configured in dual-class layout with eight Business Class seats and 100 Slimline seats in Economy Class.

Welcoming the Bulgarian airline to the portfolio of E-Jet customers, Paulo Cesar Silva, Embraer President, Commercial Aviation, stated: “Bulgaria Air is the 22nd E-Jet operator in Europe and the CIS region. Like so many other Embraer customers, I’m confident the Bulgarian flagship airline will begin seeing real economic benefits and hearing highly positive passenger comments as soon as this airplane enters revenue service.”

“We’ll be flying the EMBRAER 190s in parallel with our larger narrow body fleet to open new markets and supplement frequency in existing ones. The AR version will give us the range we need to access cities from Sofia that have market volumes that are ideal for the E190,” commented Yank Georgyev, Bulgaria Air’s CEO.

Like European majors British Airways, Air France-KLM, Lufthansa or Alitalia, Bulgaria Air joins a growing list of customers operating E-Jets, specifically in Northern and Eastern Europe, where airlines have identified E-Jets as the preferred platform to replace their ageing aircraft and simplify their fleets. Ten airlines – Bulgaria Air, LOT Polish Airlines, Finnair, Estonian Air, Air Moldova, Montenegro Airlines, Belavia, Dniproavia, Aerosvit, and Air Astana – have ordered, or are currently flying, Embraer E-Jets.

Embraer, Paris, France, March 21, 2012

Estonian Air has selected Embraer’s family of E-Jets to revamp its entire fleet of narrow-body and regional jets. The national flag carrier of Estonia and Embraer have signed a contract for the purchase of three E175s and one E190. Estonian Air will also take eight additional aircraft, four E170s and four E190s, under a combination of lease agreements with third parties and leasing companies. The direct purchase from Embraer is subject to the approval of Estonian Air’s Supervisory Council.

The first of four E170s leased from Finnair is entering service this month, while the aircraft on firm order will be delivered in the second semester of 2014.

“We continue to see tremendous potential for carriers operating throughout Europe, as they replace their older-generation aircraft and embrace the concept of right-sizing,” said Paulo Cesar de Souza e Silva, President, Embraer Commercial Aviation. “Estonian Air will become the first airline from the Baltic region to adopt the E-Jets philosophy, and I know that they will very quickly begin to see all the benefits in economics and flexibility this family of aircraft brings. Additionally, I’m sure their passengers will absolutely love the E-Jets comfort.”

Estonian Air joins LOT Polish Airlines and the USA’s Republic Airways as an operator of three of the four members of the E-Jets family. The carrier conducted a review of its current fleet and opted for a common aircraft platform, with a range of seat capacities, to replace the two different jets types it flies today.

All E-Jets of the new customer will be configured in a single class layout, with 76 seats for the E170s, 88 for the E175s, and 112 for the E190s. Since there is common crew qualification among all E-Jets models and up to 100% parts commonality, Estonian Air will be able to realize exceptional maintenance and crew resource cost savings. The acquisition also gives the airline a range of aircraft sizes to ideally match capacity to variations in market demand and to strengthen its presence with double-daily flights between Tallinn, the country’s capital, and most major European cities.

“We chose Embraer E-Jets to replace our current fleet of B737s and CRJs because the one family concept offers the capacity flexibility we need to pursue our immediate expansion and fleet modernization objectives. The aircraft will deliver a standard of in-flight experience that will keep us competitive and allow us to access new markets with lower risk than using larger jets,” said Tero Taskila, President of Estonian Air. “We have also been following with high interest the analysis that Embraer is conducting to launch a second generation of its E-Jets, using new engines, with possible entry into service around 2018. I am particularly pleased that, despite being a small carrier, Embraer is taking our requirements and comments into consideration in the new E-Jets design. Estonian Air likes to always remain at the forefront of technology and this new Embraer aircraft would clearly be a great way to ensure we always offer the very latest jet technology to our passengers.”

Estonian Air joins a growing list of customers in Northern and Eastern Europe that have identified E-Jets as the preferred platform to replace their ageing aircraft and simplify their fleets. Nine airlines – Bulgaria Air, LOT Polish Airlines, Finnair, Air Moldova, Montenegro Airlines, Belavia, Dniproavia, Aerosvit and Air Astana – have ordered or are currently flying Embraer E-Jets.

Embraer, Villepinte, France, February 27, 2012