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ILFC Signs LOI For Up To 100 E-Jets E2 From Embraer

PARIS, June 17, 2013 /PRNewswire/ -- Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) signed a Letter of Intent (LOI) with International Lease Finance Corporation (ILFC), a global leader in the leasing and remarketing of jet aircraft to commercial airlines, for the sale of 25 E190-E2 and 25 E195-E2. The LOI also contains options for an additional 25 E190-E2 and 25 E195-E2.

"This order demonstrates the huge market potential that ILFC sees for the E2," said Paulo Cesar Silva, President and CEO, Embraer Commercial Aviation. "We thank ILFC for becoming a new E-Jets customer and for endorsing the program. As the launch customer, among leasing companies for the E2, ILFC's global footprint and its diversified operator base will ensure access for even more airlines around the world to the aircraft."

With approximately 1,000 owned and managed aircraft and a range of innovative customized leasing programs, ILFC pioneered the aircraft leasing business and has maintained its leadership position for four decades offering its customers full-service advisory capabilities and invaluable knowledge of the global aircraft fleet.

"We are pleased to be a lessor launch customer for the new E-Jets E2 and look forward to growing our relationship with Embraer," said ILFC Chief Executive Officer, Henri Courpron. "The introduction of the E-Jets family to our fleet is an exciting prospect, as we believe these new aircraft would bring operational efficiencies to our global customers and further strengthen our company's position as the most responsive and resourceful aircraft lessor today."

The E-Jets E2 represent Embraer's commitment to continuously invest in the company's line of commercial jets and maintain its leadership in the 70 to 130 seats market. The three new airplanes (E175-E2, E190-E2, E195-E2) carry the designator "E2" which signifies generational changes in technology that have been incorporated in the design.  Each of the three aircraft has the versatility for a range of single class, multi-class or high-density seat capacities to suit operator requirements with new 'look and feel' and improved comfort levels.

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