Transportation Industry

Company Watch - Embraer

AirGuide Business, July 21, 2008

7/21/2008

Embraer unveiled at the Farnborough Airshow orders for 22 of its 190 aircraft and options on 20 more: Aeromexico orders 12 190 aircraft and takes 15 options; Saudi low-cost carrier orders five 190 aircraft; and Niki Lauda's Niki orders five 190 aircraft with five options. 7/15/2008

Kenya Airways said on Wednesday it expected to take delivery of a third Embraer 170 Long Range plane in August to boost its expansion into African routes. The new Embraer is the first of four aircraft the carrier expects this year. The others are three previously announced new 737-800s from Boeing, the first of which is also due in August, the airline said in a statement. The 72-seater jet will ply domestic and regional routes in Kenya, Uganda, Tanzania, Rwanda, Burundi and Zambia, which are key sources of business for the airline. In April, Kenya Airways announced that it would launch new routes and increase services on others. Kenya Air said Embraers were suited for the regional routes because of their short ground turnaround time, common parts, low maintenance costs and fuel efficiency. The airline, which is 26 percent owned by Air France-KLM, currently flies to 43 destinations in 39 countries. 7/16/2008

Kunpeng Airlines, the Xi'an-based JV between Shenzhen Airlines and Mesa Air Group, signed a contract for five Embraer E-190s worth $187.5 million at list prices, the manufacturer announced. Aircraft will seat 98 passengers in two classes. 7/14/2008

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