EMBRAER SELLS TWO EMBRAER 190 JETS TO AIRCRAFT ASSET MANAGEMENT
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Aircraft will be operated by Augsburg Airways in the network of Lufthansa Regional
São José dos Campos, December 23, 2009 – Embraer and Germany’s Aircraft Asset Management AAM GmbH & Co. KG have signed a firm order for two EMBRAER 190 jets. The deal is valued at US$ 79 million, at list price, and is already included in Embraer’s firm order backlog for the third quarter of 2009 as “undisclosed”. The first aircraft was delivered to the operator, Augsburg Airways, last September, and the second is expected to join the airline’s fleet in 2010.
“This is great news for Embraer. We are very pleased to broaden our relationship with AAM
and Augsburg Airways,” said Mauro Kern, Embraer Executive Vice President, Airline Market.
“It’s a privilege to have our E-Jets chosen as the backbone of the fleet of Lufthansa Regional’s
network. This selection gives testimony to the confidence that exists in our E-Jets family,
because each Lufthansa partner makes its own selection regarding which aircraft to acquire.”
Augsburg Airways is a long-established turboprop operator. The airline received the first
EMBRAER 195 jet in June 2009, building on a very successful relationship with Lufthansa,
which signed a contract for 30 E-Jets in June 2007. Today, Augsburg operates five 116-seat
EMBRAER 195s for Lufthansa and one 110-seat EMBRAER 190 for AAM. All jets are
configured in a dual-class layout, separated by a movable divider, with no middle seats.
“With the two new EMBRAER 190 jets, we will be able to reinforce our network and to
proceed with our growth. The aircraft will efficiently complement our eco-friendly fleet of
state-of-the-art turboprop and jet aircraft. This will strongly help us to handle new
destinations, even at the most sensitive airports,” said Bernadette Rampl, Managing Director
of Augsburg Airways. “Furthermore, Augsburg Airways passengers appreciate the comfort
and low noise of our aircraft cabins.”
About Augsburg Airways
Founded in 1980, Augsburg Airways (www.augsburgair.de/en) was developed from a
corporate air service into a modern regional airline and highly efficient partner of Lufthansa
Regional. In 2008, Munich-based Augsburg Airways welcomed around 930,000 passengers
on board. With a fleet of 16 aircraft, the airline offers more than 200 weekly flights to 21
destinations, on behalf of Lufthansa Regional.
About Aircraft Asset Management AAM GmbH & Co. KG
Headquartered in Hallbergmoos, near Munich, Germany, Aircraft Asset Management AAM
GmbH & Co. KG is a strong service provider for the acquisition, renting and marketing of
regional aircraft and business jets. It customers include, among others, Cirrus Airlines,
Augsburg Airways, and the business jet operator DC Aviation.
About the EMBRAER 170/190 Family of E-Jets
The EMBRAER 170/190 family of E-Jets consists of four commercial jets with 70 to 122
seats, featuring advanced engineering design, efficient performance, outstanding operating
economics, low emission levels and a spacious cabin.
The E-Jets have a maximum cruising speed of Mach 0.82, can fly at 41,000 feet (12,497
meters), and have ranges of up to 2,400 nautical miles (4,448 km). The high degree of
commonality among the four aircraft – EMBRAER 170, EMBRAER 175, EMBRAER 190
and EMBRAER 195 – results in exceptional savings for carriers, in terms of crew training
and costs of spare parts and maintenance. Another key feature of the E-Jets is the state-ofthe-
art fly-by-wire technology, which increases operating safety, while reducing pilot
workload and fuel consumption.
The EMBRAER 170/190 family provides superior comfort with its double-bubble fuselage
design, which includes two main passenger entrances and two service doors that minimize
aircraft turn-around time. The E-Jets offer much more space for passengers, in a single or
dual-class layout, than other aircraft with similar seating capacities.
The E-Jets have achieved outstanding success, with nearly 900 firm orders logged and over
600 jets in operation, worldwide. This proven family is helping airlines to rightsize low load
factor narrowbody routes, to replace older, inefficient airplanes, and to develop new markets
with lower operating costs, greater efficiency, and outstanding passenger comfort. For more
information about Embraer’s commercial jets, visit www.EmbraerCommercialJets.com. To
better understand the benefits of these aircraft, when substituting older jets, visit
www.eforefficiency.com.
Source: EMBRAER