Embraer Sells 30 E-Jets to Lufthansa

SAO JOSE DOS CAMPOS, Brazil, June 18 /PRNewswire-FirstCall/ -- Embraer has signed a contract with Germany's Lufthansa for 30 firm orders of the EMBRAER 190 jet, with the option to take any member of the E-Jets family. The contract value of the E-Jets firm orders is over one billion dollars, at list price, based on January 2007 economic conditions and could come to US$ 2.76 billion, if all options and purchase rights are exercised to acquire EMBRAER 190 jets. The existing firm orders for 15 EMBRAER 170 and 15 EMBRAER 190 jets placed by SWISS have been cancelled.

The first Lufthansa EMBRAER 190 is scheduled for delivery in January 2009. This reflects the airline's plan to modernize its fleet of regional aircraft.

"Lufthansa is synonymous with excellence in all dimensions -- technical, passenger service and financial results. Furthermore, the airline has placed a strong emphasis on the environment and fuel efficiency," said Mauro Kern, Embraer Executive Vice President, Airline Market. "Thanks to state-of-the-art technologies, a wide passenger cabin and sound economics, the E-Jets family meets Lufthansa's expectations. Today's announcement from such a renowned airline marks a great achievement for Embraer and the E-Jets family."

Lufthansa's EMBRAER 190 jet will be configured with 100 seats in a dual- class layout with a moveable partition. The aircraft's range of 2,400 nautical miles (4,448 kilometers) enables it to fly from Berlin to any city in the European Union, as well as to several destinations in the Middle East, Northern Africa and Eastern Europe.

The new aircraft will become part of the modern and efficient regional fleet that Lufthansa deploys on its European routes and for feeder flights. Operating an attractive and competitive regional fleet will enable Lufthansa to maintain growth, grasp opportunities and create new perspectives for its employees.

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