Business News

Embraer Sells Lineage 1000 Jet to the Al Habtoor Group

2008-07-15 09:45:00

   Royal Jet managed the deal and will ensure the support of the aircraft



    SAO JOSE DOS CAMPOS, Brazil, July 15 /EMWNews-FirstCall/ -- Embraer

and Royal Jet, the latter representing the Al Habtoor Group conglomerate,

from the United Arab Emirates (UAE), signed a contract to purchase one

Lineage 1000 executive jet, which will be operated for private use.



    "We are delighted to welcome such an esteemed and valued customer as

the Al Habtoor Group to our growing Lineage operator base," said Colin

Steven, Embraer Vice President, Marketing and Sales - Europe, Africa, and

the Middle East, Executive Jets. "The Lineage 1000 provides premium comfort

for linking the Middle East to Europe or Asia, offering stylish

accommodations, with ample space."



    The Al Habtoor Group selected Royal Jet -- the international luxury

flight services company, chaired by H.E. Sheikh Hamdan bin Mubarak Al

Nahyan -- to carry out due diligence on the acquisition, including all

technical specifications. Royal Jet will also provide aircraft management

for the Lineage 1000, which ties in well with the company's strategy of

concentrating on midsize to large business jets.



    "We are eager to receive the Lineage 1000," said Mohammed Al Habtoor,

CEO of the Habtoor. "We were immediately filled with enthusiasm for the

unparalleled luxurious interior and overall performance of the aircraft,

which will allow us to fly to London nonstop with the whole family."



    Designed to travel nonstop for 4,200 nautical miles (7,778 km), the

Lineage 1000 offers an innovative cabin design with best-in-class materials

and a wide variety of interior options.



    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 [email protected] Cell: +55 12 9724 4929 Tel.: +55 12 3927 1311 Fax: +55 12 3927 2411 North America Christine Manna [email protected] Cell: +1 954 383 9950 Tel.: +1 954 359 3879 Fax: +1 954 359 4755 Europe, Middle East and Africa Stephane Guilbaud [email protected] Cell: +33 6 7522 8519 Tel.: +33 1 4938 4455 Fax: +33 1 4938 4456 China Tracy Chen [email protected] Cell: +86 139 1018 2281 Tel.: +86 10 6598 9988 Fax: +86 10 6598 9986

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