Exhibit 1
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EMBRAER ANNOUNCES SAUDI ARABIAN AIRLINES ORDER FOR 15 EMBRAER 170s
The aircraft will be deployed within Saudi Arabian Airlines'
domestic and regional markets
Sao Jose dos Campos, April 25, 2005 - Saudi Arabian Airlines today
announced a firm order of 15 EMBRAER 170 aircraft, with first
delivery scheduled for December 2005. The airline becomes
Embraer's first customer for the type in the Middle East.
The final contract, to be signed Wednesday in Riyadh, has a total
value of about US$ 400 million at list price. All aircraft will be
configured in a two-class layout with a total of 66 seats, six of
which will be assigned to first class.
"I am sincerely pleased with our selection, as the Embraer's new
jet will provide Saudi Arabian Airlines with the possibility to
expand our domestic and regional aviation activity. By
right-sizing our fleet with the EMBRAER 170, we are aiming at
better serving our domestic and regional markets. The aircraft
will offer our valued customers with optimum comfort and a highly
reliable service," said H.E. Dr. Khaled A. Ben-Bakr, Director
General Saudi Arabian Airlines. "Our choice reflects the level of
confidence we have in Embraer as a leading manufacturer of
commercial jets."
As it enters its 60th year of operation, Saudi Arabian Airlines is
strongly committed to the development and expansion of services
within the Kingdom and the region. The airline intends to deploy
its newly acquired EMBRAER 170 within its domestic and regional
markets, adding frequencies on existing routes and eventually
developing mini-hubs at Hail City in the North of the country and
Abha in the South.
"We are particularly proud and honored to welcome such a
prestigious airline as Saudi Arabian Airlines to our growing
family of customers," said Mauricio Botelho, President and CEO of
Embraer. "Saudi Arabian Airlines' decision to select the EMBRAER
170 represents a milestone in the development of regional aviation
within the region. We are privileged to be providing the very
first regional jet aircraft to the Kingdom of Saudi Arabia, and we
look forward to continuing the strong partnership that has
developed between our two companies during the many years ahead."
As of March 31, 2005, the EMBRAER 170/190 family had logged 357
firm orders and 387 options.
Embraer is the world's leading manufacturer of commercial jets up
to 110 seats.
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Note to Editors
Embraer (Empresa Brasileira de Aeronautica S.A. - NYSE: ERJ;
Bovespa: EMBR3 and EMBR4) 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 Jose dos Campos, state
of Sao 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.
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This document may contain projections, statements and estimates
regarding circumstances or events yet to take place. Those
projections and estimates are based largely on current
expectations, forecasts on future events and financial tendencies
that affect the Company's businesses. Those estimates are subject
to risks, uncertainties and suppositions that include, among
other: general economic, politic and trade conditions in Brazil
and in those markets where the Company does business; expectations
on industry trends; the Company's investment plans; its capacity
to develop and deliver products on the dates previously agreed
upon, and existing and future governmental regulations.The words
"believe", "may", "is able", "will be able", "intend", "continue",
"anticipate", "expect" and other similar terms are supposed to
identify potentialities. The Company does not feel compelled to
publish updates nor to revise any estimates due to new
information, future events or any other facts. In view of the
inherent risks and uncertainties, such estimates, events and
circumstances may not take place. The actual results can therefore
differ substantially from those previously published as Company
expectations.
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PRESS OFFICES Headquarters North America Europe, Middle East and Africa
Rosana Dias Doug Oliver Stephane Guilbaud Catherine Fracchia
rosana.dias@embraer.com.br doliver@embraer.com sguilbaud@embraer.fr cfracchia@embraer.fr
Cel: (+55 12) 9724 4929 Tel: (+1 954) 359 3414 Cel: (+33 0) 67522 8519 Cel: (+33 0) 67523 6903
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