Embraer Signs Contract With Brazil's TRIP Linhas Aereas

Brazilian regional airline expands its fleet with the EMBRAER 175 jet

SAO JOSE DOS CAMPOS, June 19 /PRNewswire-FirstCall/ -- Embraer today
signed a contract with TRIP Linhas Aereas for the sale of five EMBRAER 175
jets. The deal also includes options for ten more, plus purchase rights for
another 15. The total value of the firm orders, at list price, is
US$ 167.5 million, and could go over US$ 1 billion if all of the options and
purchase rights are confirmed for the EMBRAER 175.
"We are proud to have TRIP Linhas Aereas as the newest operator of our
E-Jets family in Brazil," said Frederico Fleury Curado, Embraer President and
CEO. "TRIP is one of the largest regional airlines in South America, and we
are certain that the EMBRAER 175 will contribute to both enhance its growth
process and consolidate Brazil's regional air transportation network."
TRIP's EMBRAER 175 jets will be configured in a single class, offering
exceptional comfort to 86 passengers. The delivery of the first airplane is
expected for 2009.
"The EMBRAER 175 was chosen by TRIP after a thorough technical-economic
evaluation," said Jose Mario Caprioli, founder and President of TRIP Linhas
Aereas. "The model presented advantages in the three basic aspects of our
analysis: best relationship between operating cost and passenger comfort,
performance on short runways, and seating capacity. This last factor was
decisive for us, since we are a regional airline and, for that reason, we need
a fleet of aircraft with fewer seats in order to serve our markets and
maintain our operations. We are proud of the fact that the jet is made in
Brazil and that we can collaborate in integrating the Brazilian commercial
aviation system."
The EMBRAER 175 is the second of the four members of the E-Jets family and
entered service in July 2005. On March 31, 2008, the EMBRAER 170/190 E-Jets
had logged 835 firm orders and 840 options from more than 45 customers in 28
countries, and had surpassed 1.4 million flight hours.
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
rosana.dias@embraer.com.br
Cell: +55 12 9724 4929
Tel.: +55 12 3927 1311
Fax: +55 12 3927 2411

North America
Christine Manna
cmanna@embraer.com
Cell: +1 954 383 9950
Tel.: +1 954 359 3879
Fax: +1 954 359 4755

Europe, Middle East and Africa
Stephane Guilbaud
sguilbaud@embraer.fr
Cell: +33 6 7522 8519
Tel.: +33 1 4938 4455
Fax: +33 1 4938 4456

China
Tracy Chen
tracy.chen@bjs.embraer.com
Cell: +86 139 1018 2281
Tel.: +86 10 6598 9988
Fax: +86 10 6598 9986

SOURCE Embraer

Brazil, Rosana Dias, +011-55-12-3927-1311, +011-55-12-9724-4929, fax,
+011-55-12-3927-2411, rosana.dias@embraer.com.br; or North America, Christine
Manna, +1-954-359-3879, +1-954-383-9950, fax, +1- 954-359-4755,
cmanna@embraer.com; or Europe, Middle East and Africa, Stephane Guilbaud,
+011-33-1-4938-4455, +011-33-6-7522-8519, fax, +011-33-1-4938-4456,
sguilbaud@embraer.fr; or China, Tracy Chen, +011-86-10-6598-9988,
+011-86-139-1018-2281, or fax, +011-86-10-6598-9986,
tracy.chen@bjs.embraer.com, all of Embraer