Embraer Delivers First Embraer 190 Jet to China's Kunpeng Airlines

SAO JOSE DOS CAMPOS, Brazil, Aug. 29 /PRNewswire-FirstCall/ -- Embraer delivered, yesterday, the first of five EMBRAER 190 jets to China's Kunpeng Airlines Co. Ltd., one of the largest operators on the Chinese regional aviation market. In July 2008, during the 46th Farnborough Airshow, in the U.K, Embraer announced a firm order for five EMBRAER 190 jets by Kunpeng.

"We are very glad to see our EMBRAER 190 serving more Chinese passengers through the reliable operation of Kunpeng Airlines," said Mauro Kern, Embraer Executive Vice President, Airline Market. "We believe that the EMBRAER 190, with its superior performance, economics and comfort, will meet our Chinese customer's fleet needs, and contribute to its growth plans and success."

The aircraft is configured to comfortably accommodate 98 passengers in a dual-class layout, and will enhance significantly Kunpeng's operational capability.

"We are very pleased to take delivery of our first EMBRAER 190 jet, which we believe will be an ideal aircraft for us to explore the emerging Chinese regional aviation market," said Mr. Li Kun, Vice Chairman of the Board and President of Shenzhen Airlines Co., Ltd. "With this reliable new model entering service, we will be dedicated to building our company into the most sizable, characteristic, and competitive regional airline in mainland China."

Kunpeng Airlines is a joint venture between China's Shenzhen Airlines and the Mesa Air Group, of the United States, with the Chinese party holding the larger share. It officially started operations in September 2007, and has established more than 20 routes to date.

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 Embraer'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 Embraer 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. Embraer 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 Embraer expectations.

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SOURCE Embraer