EMBRAER AND AIR CANADA SIGN AGREEMENT FOR 45 EMBRAER 19...

[Guest MauroDBA]

12/19/2003www.embraer.comEMBRAER AND AIR CANADA SIGN AGREEMENT FOR 45 EMBRAER 190s Embraer and Air Canada have signed a commercial proposal for the sale of 45 EMBRAER 190s, with the possibility of options for 45 additional EMBRAER 190s. Under the agreement, deliveries of the two-class configured airplanes will begin in 2005. The final contract, subject to a number of conditions, is planned for the first quarter of 2004. The firm order is valued at US$ 1.35 billion, at list price, with a potential value of more than US$ 2.7 billion if all options are exercised.