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Embraer Sells Five Embraer 190 Jets to China’s Kun Peng Airlines

Written by thomas · Filed Under Commercial 

July 11, 2008

thomas

The airline will be the second operator of the E-Jets in mainland China

SAO JOSE DOS CAMPOS, Brazil, July 11 /PRNewswire-FirstCall/ — Embraer
and Kun Peng Airlines Co., Ltd., one of the main operators in the Chinese
regional aviation market, signed a contract for five firm orders for the
EMBRAER 190 jet, marking an important expansion of Embraer’s presence in
mainland China. The total value of this agreement is US$ 187.5 million, at
list price.

“We are much honored to have Kun Peng Airlines as our new E-Jets family
customer,” said Mauro Kern, Embraer Executive Vice President, Airline
Market. “We have always been confident in China’s regional aviation market
expansion, and this is an extremely positive sign in that direction. I
firmly believe that our customer-friendly EMBRAER 190 will make a strong
contribution to Kun Peng Airlines’ growth plans and will please Chinese
passengers.”

Headquartered in Xi’an City, Kun Peng Airlines is a joint venture
between China’s Shen Zhen Airline and the Mesa Air Group, from the United
States, with the Chinese company holding the larger share. Since its
start-up in September 2007, Kun Peng already has more than 20 routes in
operation. The new EMBRAER 190 of the Chinese airline will be configured
with 98 seats in a comfortable dual-class layout, and the first delivery is
scheduled for 2008.

“Introducing the EMBRAER 190 jet fits our company’s strategy perfectly,
and we believe it will definitely benefit both of us, Kun Peng and Embraer,
in our long-term cooperation,” said Mr. Zhang Pei, General Manager of Kun
Peng Airlines. “Kun Peng Airlines is dedicated to building itself into the
most sizable, characteristic, and competitive regional airline in China, to
promote the development of the Chinese regional aviation industry, and to
contribute to China’s harmonious civil aviation progress.”

The EMBRAER 190 is one of the four members of the E-Jets family, and
entered service in August 2005. On June 30, 2008, the EMBRAER 170/190
family of E-Jets had logged 847 firm orders and 827 options from more than
45 customers in 30 countries, with over 1.5 million flight hours.

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