Embraer Sells 40 Planes to Lufthansa, Japan Airlines

Empresa Brasileira de Aeronautica SA, the world's third-biggest maker of commercial planes, won orders worth as much as $3.1 billion from Deutsche Lufthansa AG and Japan Airlines Corp.
Lufthansa, Europe's second-largest carrier, ordered 30 Embraer 190 E-Jets, the Sao Jose Dos Campos, Brazil-based planemaker said today at the Paris Air Show. Japan Airlines ordered 10 170 E-Jets with options on another five.
Embraer announced the E-Jet series of regional aircraft at the 1999 Paris Air Show and began producing the plane in 2002. Demand for E-Jets, which can seat 70 to 118 people, allowed the company to surpass Bombardier Inc. of Canada as the third- largest producer of commercial aircraft.
``The market is very hot for both commercial and corporate aircraft,'' Embraer Chief Executive Officer Frederico Curado said in an interview. The company is in talks with India's Paramount Airlines Pvt Ltd. and Iraq Airlines to sell E-Jets, he said.
Delivery of the E-Jets to Cologne, Germany-based Lufthansa will start in 2009 and the plane will be configured with 100 seats in a two-class cabin layout, Embraer said.
18/06/07 Emmet Oliver and Tracy Alloway/Bloomberg

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Categories: Airshow Paris 2007, Foreign Jun 2007, Paramount Airways Jun 2007