PARIS, June 18, 2013 /PRNewswire/ -- Embraer S.A. (NYSE:
ERJ; BM&FBOVESPA: EMBR3) announced today, during the
50th International Paris Air Show
(www.paris-air-show.com), at Le Bourget, France, that Air Costa of Vijayawada,
India, has acquired three E-Jets
for launch of its scheduled regional airline service in
India. Two EMBRAER 170s have been
arranged from ECC Leasing, Embraer's wholly-owned subsidiary. The
new carrier has also purchased one new EMBRAER 190 from Embraer.
The firm order is already included in Embraer's backlog as an
"undisclosed" customer.
"We are delighted that Air Costa has chosen the E-Jets for their
operations. The aircraft are sure to promote greater regional
connectivity in India," said
John Slattery, Chief Commercial
Officer (CCO), Embraer Commercial Aviation. "Embraer has always
maintained that the regional aviation market in India has tremendous potential. Our E-Jets are
the right sized aircraft for service between secondary and tertiary
markets which are underserved and, in fact, growing faster than
metro markets."
"Air Costa has chosen E-Jets for their efficiency and
reliability. Our plan is to link underserved markets in
India with more direct flights,"
said Captain Babu, CEO of Air Costa. "The E170 and E190 are ideal
in size and range. We can add frequencies and routes without adding
too much capacity, thus serving places with seasonal demand, as
well as key secondary and tertiary business centers."
Air Costa will initially connect cities in southern India such as Bangalore, Chennai, Hyderabad and Vijayawada, as well as key
secondary cities in the north and northwest of the country.
"Regional services have a lot of potential in India especially as the economy of South
Indian cities is booming. We are committed to further growth in the
Indian market with additions to our fleet and launching new routes
over the medium term," said Ramesh
Lingamaneni, Chairman and Managing Director of Air Costa.
"We are very pleased with the support that Embraer has provided to
date for the launch of our Air Costa and we look forward to a long
successful and mutually rewarding relationship."
Since 2004, Embraer has delivered over 950 E-Jets. Currently, 65
airlines in 47 countries have chosen this versatile family of 70 to
130 seat aircraft. Embraer customers operate E-Jets in a variety of
business models, including mainline, charter, low-cost and regional
airline applications. In Asia
Pacific, more than 200 Embraer commercial aircraft are now
in service with over twenty operators.
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SOURCE Embraer S.A.