PR Newswire
SAO JOSE DOS CAMPOS, Brazil, Dec. 1, 2016
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:
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.
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