Montenegro Airlines Becomes New E-Jets Operator
The East European operator will receive two EMBRAER 195 aircraft
SAO JOSE DOS CAMPOS, Brazil, Aug. 2 /PRNewswire-FirstCall/ --
Podgorica- based Montenegro Airlines, from the Montenegro Republic, has
signed an agreement with GE Commercial Aviation Services (GECAS) to lease
two EMBRAER 195 jets. Deliveries are scheduled for May 2008 and May 2009.
There will be no changes to Embraer's orderbook due to this announcement.
The aircraft will be fitted with a dual-class interior, comfortably
seating up to 116 passengers, and will be used to extend the existing
airline's fleet on its current European network, as well as to reach new,
more distant destinations, primarily in Russia, the U.K. and Scandinavia.
"We are delighted to confirm the selection of the state-of-the art
EMBRAER 195," said Zoran Durisic, President of Montenegro Airlines Board of
Directors. "We have based our choice on the exceptional level of comfort
and the economics offered by this family of jets. By introducing the
EMBRAER 195 in a dual-class configuration on its intra-European network,
Montenegro Airlines will be offering its customers one of the roomiest
commercial airplanes on the continent."
Montenegro Airlines' EMBRAER 195 jets will be the first equipped with a
business class in Europe. The model is already in operation with a single-
class layout in the U.K. with Flybe.
"We are honoured to welcome Montenegro Airlines to our fast-growing
E-Jets customers family," said Mauro Kern, Embraer Executive
Vice-President, Airline Market. "Located in the heart of the Mediterranean,
in one of the most attractive tourist destinations in Europe, Montenegro is
a unique showcase to demonstrate the E-Jets flexibility and passengers'
appeal."
The EMBRAER 195 is the last of four members of the E-Jets family, a new
generation of aircraft designed specifically for the 70 to 120 seat
segment. Adopting a clean sheet design, Embraer's E-Jets are engineered to
maximize passenger comfort with exceptional performance and superior
operating economics. On June 30, 2007, the E-Jets family order book had
logged 655 firm orders and 719 options, totaling 1,374 aircraft to 38
operators worldwide.
This document may contain projections, statements and estimates
regarding circumstances or events yet to take place. Those projections and
estimates are based largely on current expectations, forecasts on future
events and financial tendencies that affect the Company's businesses. Those
estimates are subject to risks, uncertainties and suppositions that
include, among others: general economic, political and trade conditions in
Brazil and in those markets where the Company does business; expectations
on industry trends; the Company's investment plans; its capacity to develop
and deliver products on the dates previously agreed upon, and existing and
future governmental regulations. The words "believe," "may," "is able,"
"will be able," "intend," "continue," "anticipate," "expect" and other
similar terms are supposed to identify potentialities. The Company does not
feel compelled to publish updates nor to revise any estimates due to new
information, future events or any other facts. In view of the inherent
risks and uncertainties, such estimates, events and circumstances may not
take place. The actual results can therefore differ substantially from
those previously published as Company expectations.
SOURCE Empresa Brasileira de Aeronautica S.A.
The East European operator will receive two EMBRAER 195 aircraft
SAO JOSE DOS CAMPOS, Brazil, Aug. 2 /PRNewswire-FirstCall/ --
Podgorica- based Montenegro Airlines, from the Montenegro Republic, has
signed an agreement with GE Commercial Aviation Services (GECAS) to lease
two EMBRAER 195 jets. Deliveries are scheduled for May 2008 and May 2009.
There will be no changes to Embraer's orderbook due to this announcement.
The aircraft will be fitted with a dual-class interior, comfortably
seating up to 116 passengers, and will be used to extend the existing
airline's fleet on its current European network, as well as to reach new,
more distant destinations, primarily in Russia, the U.K. and Scandinavia.
"We are delighted to confirm the selection of the state-of-the art
EMBRAER 195," said Zoran Durisic, President of Montenegro Airlines Board of
Directors. "We have based our choice on the exceptional level of comfort
and the economics offered by this family of jets. By introducing the
EMBRAER 195 in a dual-class configuration on its intra-European network,
Montenegro Airlines will be offering its customers one of the roomiest
commercial airplanes on the continent."
Montenegro Airlines' EMBRAER 195 jets will be the first equipped with a
business class in Europe. The model is already in operation with a single-
class layout in the U.K. with Flybe.
"We are honoured to welcome Montenegro Airlines to our fast-growing
E-Jets customers family," said Mauro Kern, Embraer Executive
Vice-President, Airline Market. "Located in the heart of the Mediterranean,
in one of the most attractive tourist destinations in Europe, Montenegro is
a unique showcase to demonstrate the E-Jets flexibility and passengers'
appeal."
The EMBRAER 195 is the last of four members of the E-Jets family, a new
generation of aircraft designed specifically for the 70 to 120 seat
segment. Adopting a clean sheet design, Embraer's E-Jets are engineered to
maximize passenger comfort with exceptional performance and superior
operating economics. On June 30, 2007, the E-Jets family order book had
logged 655 firm orders and 719 options, totaling 1,374 aircraft to 38
operators worldwide.
This document may contain projections, statements and estimates
regarding circumstances or events yet to take place. Those projections and
estimates are based largely on current expectations, forecasts on future
events and financial tendencies that affect the Company's businesses. Those
estimates are subject to risks, uncertainties and suppositions that
include, among others: general economic, political and trade conditions in
Brazil and in those markets where the Company does business; expectations
on industry trends; the Company's investment plans; its capacity to develop
and deliver products on the dates previously agreed upon, and existing and
future governmental regulations. The words "believe," "may," "is able,"
"will be able," "intend," "continue," "anticipate," "expect" and other
similar terms are supposed to identify potentialities. The Company does not
feel compelled to publish updates nor to revise any estimates due to new
information, future events or any other facts. In view of the inherent
risks and uncertainties, such estimates, events and circumstances may not
take place. The actual results can therefore differ substantially from
those previously published as Company expectations.
SOURCE Empresa Brasileira de Aeronautica S.A.