São José dos Campos – Brazil, July 31, 2012 – Embraer announced today an agreement with Venezuela’s Conviasa Airlines for the sale of six EMBRAER 190 jets. The deal also includes 14 purchase options for the same aircraft model. The value of the order, at list price, is USD 271.2 million, based on January 2012 economic conditions, and could total as much as USD 904 million, if all of the options to buy are confirmed. The first deliveries are scheduled to take place by the end of 2012.
“It is a great satisfaction to receive this order from Conviasa, the eleventh customer of the E-Jets family in Latin American and the Caribbean region, a market projected to grow an average of 7% per year over the next 20 years,” said Paulo Cesar Silva, President of Embraer, Commercial Aviation. “We are certain that the E190 will play an important role in increasing the quality and efficiency of air travel in Venezuela.”
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