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Embraer S.A.: Material Fact

Donnerstag, 01.12.2016 18:57 von

PR Newswire

SAO JOSE DOS CAMPOS, Brazil, Dec. 1, 2016 /PRNewswire/ -- Embraer S.A. (NYSE: ERJ; BM&F BOVESPA: EMBR3) announces that it has revised its initial projection of certification and entry into service of the E175 E2 jet from 2020 to 2021. This rescheduling is based on the following two factors:

  • Continued interest in the current generation E175 jet in the North American market; and
  • Recent negotiations between the major US airlines and their respective pilot unions during which the maximum takeoff weight restrictions for 76-seat aircraft included in the relevant scope clauses remained unchanged.

The next round of negotiations between the major US airlines and their respective pilot unions is scheduled to occur in 2019 at which time such restrictions may be revisited.

The expected timeframes of certification and entry into service for the other models of this family of aircraft, the E190 E2 and the E195 E2, continue unchanged and should occur in the first half of 2018 and in 2019, respectively. The Company reiterates that the development and certification program of these aircraft is progressing as expected.

Entry Into Service


AIRCRAFT

INITIAL PROJECTION

CURRENT PROJECTION

E190 E2

1st half of 2018

1st half of 2018

E195 E2

2019

2019

E175 E2

2020

2021

                                                                   

The Company's firm order backlog for aircraft in the E2 family also remains unchanged, with the following orders in backlog:

Firm Order Backlog*


AIRCRAFT

FIRM ORDERS

OPTIONS

E190 E2

82

95

E195 E2

90

80

E175 E2

100

100

Total

272

275

*Does not include previously announced purchase commitments and LOIs for 123 aircraft.

 

José Antonio de Almeida Filippo
Executive Vice-President and Chief Financial and Investor Relations Officer

Contacts:

Headquarters (Brazil)
Saulo Passos
press@embraer.com.br  
Cell: +55 11 94254 4017
Tel.: +55 11 3040 1799

North America
Alyssa Ten Eyck
aeyck@embraer.com  
Cell: +1 954 383 0460
Tel.: +1 954 359 3847

Europe, Middle East and Africa
pressEMEA@embraer.fr  
Cell: +55 11 94254 4017
Tel.: +55 11 3040 1799

China
Mirage Zhong
mirage.zhong@bjs.embraer.com  
Cell: +86 185 1378 5180
Tel.: +86 10 6598 9988

Asia Pacific
Nilma Missir-Boissac
nilma.boissac@sin.embraer.com  
Cell: +65 9012 8428
Tel.: +65 6305 9955

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/embraer-sa-material-fact-300371875.html

SOURCE Embraer S.A.