São José dos Campos, January 31, 2011 – Embraer and Dniproavia, a member of the Ukrainian Aviation Group Alliance, came to an arrangement, today, regarding the delivery of ten EMBRAER 190s, with options for another five jets. The aircraft will be operated by Dniproavia, in cooperation with another alliance member, AeroSvit, and will be placed under a lease structure to be arranged by a third party. The total value of the deal, at list price, is US$ 400 million, based on January 2010 economic conditions, and could reach US$ 600 million if all options are confirmed. This value will be added to the current Embraer firm order backlog.

“There is no greater sense of satisfaction for a manufacturer, like Embraer, than to expand its customer base and welcome a new partner into the E-Jets family, especially in Eastern Europe,” said Paulo César de Souza e Silva, Embraer Executive Vice President, Airline Market. “We are very proud to be part of the solid growth of the Ukrainian Aviation Group. We already have a successful partnership with Dniproavia, which ERJ 145 fleet will reach 25 planes this year, and we are confident that the performance capabilities of the EMBRAER 190 will allow Dniproavia and its partners to satisfactorily spread its wings into the European market.”

Dniproavia’s EMBRAER 190 jets will be configured in a comfortable dual-class layout, seating up to 104 passengers. The first two aircraft are scheduled for delivery in the fourth quarter of 2011. All ten airplanes will serve Alliance’s domestic and international destinations mainly from their Kiev Boryspil (KBP) hub.

“The strong brand awareness, economics and performance in combination with high level of cabin comfort for our passengers are the key drivers in the selection of the state-of-the-art EMBRAER 190 jets. Operating E-190 alongside our narrowbody aircraft will allow us to substantially expand our domestic and intra-European network,” said Vadim Shvitay, Executive Secretary of Ukrainian Aviation Group. 

Source: Embraer