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ecc leases four erj 135 jets to south african airlink - Embraer

ecc leases four erj 135 jets to south african airlink - Embraer

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EMBRAER (http://www.embraer.com.br/en-US) - For the JourneyPress and EventsNews1/10/2010 At: Press Re<strong>leases</strong>ECC LEASES FOUR ERJ <strong>135</strong> JETS TO SOUTH AFRICAN AIRLINKAircraft will replace turboprops and support 2010 FIFA World Cup regional travelSão José dos Campos, January 11, 2010 – ECC Leasing Company Limited, a wholly owned subsidiary of <strong>Embraer</strong>, hasleased <strong>four</strong> ERJ <strong>135</strong> pre-owned <strong>jets</strong> <strong>to</strong> South African Airlink. These aircraft – serial numbers 551, 620, 720 and 725 –will replace some of the airline’s turboprops and are scheduled <strong>to</strong> be delivered by the end of this month, making animportant contribution <strong>to</strong> the transportation needs of the 2010 FIFA World Cup (www.fifa.com/worldcup).“It is significant <strong>to</strong> <strong>Embraer</strong> that Airlink has chosen <strong>to</strong> source additional ERJ <strong>135</strong>s from ECC, since this reaffirms theclear value that we, as the manufacturer, bring <strong>to</strong> the highly competitive pre-owned market. The ERJ <strong>135</strong> is a perfectfit for the airline’s network, and will certainly play a key role in the company’s future growth,” said Mark Dunnachie,Managing Direc<strong>to</strong>r ECC Leasing.South African Airlink’s ERJ <strong>135</strong> <strong>jets</strong> are configured in a 37-seat layout. They will be based in Johannesburg, SouthAfrica, and deployed on regional routes that are expected <strong>to</strong> be increasingly busy, as the soccer World Cup event getsunderway in June.“We are very pleased <strong>to</strong> increase our fleet of ERJ <strong>135</strong> <strong>jets</strong> <strong>to</strong> meet the growing demand of our domestic and intraregionalmarkets,” said Rodger Foster, CEO of South African Airlink. “These regional <strong>jets</strong> will replace our oldestturboprops, improving reliability and quality of service. Travel time will be reduced, while providing a more comfortablecabin for our passengers. This is an opportune time for introducing larger and more efficient aircraft. Furthermore, wesee clear benefits in dealing directly with the manufacturer, <strong>Embraer</strong>, through ECC.”About South African AirlinkPrivately owned South African Airlink was restyled in 1995, but its his<strong>to</strong>ry can be traced back <strong>to</strong> the formation ofMidlands Aviation in 1967. The airline has developed in<strong>to</strong> South Africa’s first feeder network, specifically aimed atlinking smaller <strong>to</strong>wns with regional centers and hubs throughout the country. In 1997, South African Airlink joinedSouth African Airways and South African Express in a powerful strategic alliance that led <strong>to</strong> the establishment of theleading aviation network in Africa.South Africa Airlink serves an almost exclusively network of smaller community destinations, which is a component ofa greater composite branded network system where South African Airways is the major part. The purpose of thegreater branded network is that passengers can travel seamlessly between points within the network, via the majorhubs, with interconnecting flights on more than one airline.The company operates over 3,500 flights per month, carrying nearly 900,000 passengers <strong>to</strong> more than 25 destinationsin Southern Africa during the year ended August 31, 2009. It is the only scheduled airline providing service <strong>to</strong> many ofthe smaller destinations in the Southern African region. Included in Airlink’s regional destination portfolio are such keybusiness centers as Ndola and Lusaka (Zambia), Harare and Bulawayo (Zimbabwe), Antananarivo (Madagascar),Manzini (Swaziland), Mapu<strong>to</strong> and Beira (Mozambique), and Maseru (Lesotho).About ECC Leasing Company Limited<strong>Embraer</strong>’s wholly owned subsidiary, ECC Leasing Company Limited, was incorporated in Dublin, Ireland, in September2002, <strong>to</strong> manage and remarket <strong>Embraer</strong>’s pre-owned aircraft portfolio. To date, ECC has handled a <strong>to</strong>tal of 79 aircraft,27 of which are under operating lease and 37 sold <strong>to</strong> airlines, corporations and government agencies in North andSouth America, Europe, and Asia. The company deals with <strong>Embraer</strong> aircraft that may be acquired through trade-ins,and provides remarketing services for third parties, in connection with its sales campaigns. For more information, visitwww.ECCLeasing.com.<strong>Embraer</strong> Image GalleryVisit the <strong>Embraer</strong> image gallery at www.embraer.com.Note <strong>to</strong> Edi<strong>to</strong>rs<strong>Embraer</strong> (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; BM&FBovespa: EMBR3) is the world’s largestmanufacturer of commercial <strong>jets</strong> up <strong>to</strong> 120 seats, and one of Brazil’s leading exporters. <strong>Embraer</strong>’s headquarters are


manufacturer of commercial <strong>jets</strong> up <strong>to</strong> 120 seats, and one of Brazil’s leading exporters. <strong>Embraer</strong>’s headquarters arelocated in São José dos Campos, São Paulo, and it has offices, industrial operations and cus<strong>to</strong>mer service facilities inBrazil, China, France, Portugal, Singapore, and the United States. Founded in 1969, the Company designs, develops,manufactures and sells aircraft for the commercial aviation, executive aviation, and defense segments. The Companyalso provides after sales support and services <strong>to</strong> cus<strong>to</strong>mers worldwide. On September 30, 2009, <strong>Embraer</strong> had aworkforce of 16,986 employees – not counting the employees of its partly owned subsidiaries – and its firm orderbacklog <strong>to</strong>taled US$ 18.6 billion.This document may contain projections, statements and estimates regarding circumstances or events yet <strong>to</strong> takeplace. Those projections and estimates are based largely on current expectations, forecasts on future events andfinancial tendencies that affect <strong>Embraer</strong>’s businesses. Those estimates are subject <strong>to</strong> risks, uncertainties andsuppositions that include, among others: general economic, political and trade conditions in Brazil and in thosemarkets where <strong>Embraer</strong> does business; expectations on industry trends; the Company’s investment plans; its capacity<strong>to</strong> develop and deliver products on the dates previously agreed upon, and existing and future governmentalregulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and othersimilar terms are supposed <strong>to</strong> identify potentialities. <strong>Embraer</strong> does not feel compelled <strong>to</strong> publish updates nor <strong>to</strong> reviseany estimates due <strong>to</strong> new information, future events or any other facts. In view of the inherent risks anduncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differsubstantially from those previously published as <strong>Embraer</strong> expectations.PRESS OFFICESCopyright 2010 <strong>Embraer</strong> SA.

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