Embraer Announces $375 Million North American Launch Order For EMB-145
Farnborough, September 3 -- Embraer and Continental Express jointly announced the airline's firm order for 25 EMB-145 regional jetliners, with an option for 175 more. The total value of the inital order is more than $375 million.
Deliveries will begin in December of this year, with 14 delivered by the end of 1997. The initial 25 aircraft will be completed and in service by third quarter 1998.
Continental Express President David Siegel said the regional airline selected the EMB-145 after a rigorous selection process. Factors in the decision were customer appeal, cabin comfort, aircraft performance, satisfaction with Embraer, product support, and economics.
Siegel expresses strong confidence in the jetliners, stating, "We believe this aircraft will be the regional aircraft for the coming years." Continental Express expects to operate the aircraft to handle growth in its three hubs, with additional aircraft anticipated for growth in Continental Airlines feeder system.
Embraer President and CEO Mauricio Novis Botelho indicated that the manufacturer will be producing the aircraft at a quantity of four per month by the end of 1997 and can handle additional orders with one shift.
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