Brazilian aircraft manufacturer Embraer announced today it firmed the sale of three Embraer 170/190 family aircraft to TAME Linea Aerea del Ecuador, the state-run Ecuadorian airline.
The customer will acquire two 76-seat Embraer 170 jets and one 104-seat Embraer 190, with deliveries to take place in 2005 and 2006.
The announcement confirms a Letter of Intent (LOI) disclosed in November 2004 in Quito. Under the contract signed today, TAME holds four options on aircraft of the same jet family.
“TAME’s selection is very rewarding for Embraer. The aircraft of the Embraer 170/190 family will surely be pivotal in supporting the airline’s national expansion and modernization plans,” said Romualdo Monteiro de Barros, Embraer Executive Vice-President for Defense.
Embraer received a delegation of TAME executives to take part in the signature of the contract, including Jorge Cabezas Quiroz, CEO of the airline. Among others, Embraer was represented by Barros and Antonio Luiz Pizarro Manso, Executive Vice-President Corporate & CFO.
Sergio Abreu e Lima Florencio, Brazilian Ambassador to Ecuador, and Jorge Ruales, Air Attache of Ecuador, were also present at the signature of the contract.
TAME is Ecuador’s most important airline. In its 42 years of operation, it has flown more than 28 million passengers.
Embraer (Empresa Brasileira de Aeronáutica S.A.) is the world’s leading manufacturer of Commercial jets up to 110 seats with 35 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft for the global airline, Defense and Corporate markets.
With headquarters in Sao José dos Campos, state of São Paulo, the Company has offices and customer service bases in China, France, Portugal, Singapore and the United States.
Embraer is among Brazil’s leading exporting companies. As of March 31, 2005, Embraer had a total workforce of 16,409 people, including the employees of recently-acquired OGMA in Portugal, and its firm order backlog totaled US$ 9.9 billion.
Empresa Brasileira de Aeronáutica S.A.
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