The execution of the final contract is expected within the next few weeks. Once confirmed, this contract will supersede the existing agreement between Embraer and Swiss International Air Lines for 15 Embraer 170s and 15 Embraer 195s, and it does not substantially alter Embraer's existing firm backlog.
Embraer (Empresa Brasileira de Aeronáutica S.A. – NYSE: ERJ; Bovespa: EMBR3) is the world's largest manufacturer of Commercial jets up to 120 seats, and one of Brazil's leading exporters.
Embraer's headquarters is located in São Jose dos Campos, São Paulo, in the Brazilian Southeast and it has offices, industrial operations and customer service facilities in Brazil, the United States, France, Portugal, China and Singapore.
Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the Commercial Aviation, Executive Aviation, and Defense and Government segments.
The Company also provides after sales support and services to customers worldwide. On March 31, 2007, Embraer had a workforce of 21,005 employees and a firm order backlog of US$ 15 billion.