Montenegro Republic Buys 116-Seat Brazilian Jet

    Embraer 195 jet made in Brazil

    Embraer 195 jet made in Brazil Brazilian aircraft manufacturer Embraer sold its first Embraer 195 jet to Montenegro Airlines, this Tuesday, September 16. The agreement with the airline from the Republic of Montenegro also includes purchase rights for two more aircraft of the same model.

    The value of the deal, at list price, is US$ 39.5 million, and could total US$ 118.5 million, if all of the purchase rights are exercised.

    The Embraer 195 for Montenegro Airlines will comfortably seat 116 passengers in a single-class layout and delivery is expected in 2009. The company plans to use the new airplane for key markets on the European continent, including routes to cities like London and Moscow.

    "Montenegro Airlines is joining a select group of airlines, worldwide, that have chosen to operate Embraer 190 or Embraer 195 jets, including, among others, US Airways, Air Canada, Holland's KLM, Germany's Lufthansa, Britain's Flybe, France's Regional (Air France Group), and Finland's Finnair," stated Mauro Kern, Embraer Executive Vice President for Airline Market, adding: "We are honored by Montenegro Airlines' decision, and happy to offer its passengers the most modern and comfortable experience on the market."

    Last June, Embraer delivered the first Embraer 195 to Montenegro Airlines through a leasing operation carried out by GE Commercial Aviation Services (GECAS). This leasing contract includes another aircraft of the same model for delivery next year that will increase the airline's fleet to three Embraer 195s by mid-2009.

    "We are very satisfied with the performance of the Embraer 195 and, for that reason, we decided to invest in expanding our fleet with this aircraft," said Zoran Durisic, President of Montenegro Airlines. "Embraer's E-Jets family has enjoyed great success with important airlines in Europe, the United States, and Asia, and our decision will allow us to offer the appropriate comfort and capacity for the markets of interest to our customers."

    Andrija Lompar, the Minister of Transport, Maritime Affairs and Telecommunications of the Republic of Montenegro, stated: "The decision to purchase an aircraft is a highly committing business project, which, from the strategic point of view, creates new development perspectives for Montenegro and its citizens.

    "The country acquired its tourism identity and set its strategy as a high-end European destination, therefore it is our commitment to provide a quality link of the country to Europe. Next year, with three new Embraer E-Jets in the fleet of this national airline, it will continue the expected passenger growth trend, entering new markets and introducing more destinations, thus making a quality contribution to economic development."

    The Embraer 195 is the largest and newest aircraft of the modern four- member Embraer 170/190 family of E-Jets, and entered service in September 2006. On June 30, 2008, the E-Jets had logged 847 firm orders and 827 options. Today, orders have come from more than 50 customers in 30 countries, worldwide, and over 400 aircraft in operation have surpassed 1.5 million flight hours.

    Tags:

    • Show Comments (2)

    • montenegro

      montenegro
      in my life i have no experience of traveling in air craft but i would like to taste this experience because i have a official trip in forth coming days.i am in wait of this day.

    • jtdangerfield

      Embraer Jet
      This jet fits into a unique niche market. It is smaller than a 737 yet larger than most commuter jets. It is coming in at an interesting time when the MD 80 is growing older and fewer companies are using it. The French Embraer is will hit the market just in time for this jet. Great potential

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    FIFA and the World Cup

    Delays, Deaths and Preparations on FIFA’s Agenda for Brazil’s World Cup

    All the trouble involving Brazil’s 2014 World Cup preparations and concerns about human rights ...

    Chile's Piñera

    Beware the Chile Effect, Brazil’s Lula Warns His Supporters

    The president of Brazil, Luiz Inácio Lula da Silva, called on his supporters not ...

    In the US, Jail. In Brazil, Slap on the Wrist.

    Former minister and banker Ângelo Calmon de Sá, 68, was the owner of Bahia’s ...

    Brazil's Education Minister Tarso Genro

    Brazil’s 2010 Presidential Campaign Has Started and Tarso Genro Is Ahead

    Sunday, October 29, 10.55 pm in Brasília: Luiz Inácio Lula da Silva is re-elected ...

    Cleaner Diesel to Be Sold in All Big Cities Throughout Brazil

    Starting in March, Brazilian state oil company Petrobras plans to extend sales of Diesel ...

    Por aí

    From the masters Angolan Mestre Benedito taught Mestre Pastinha who taught Mestre João Grande ...

    Brazilian Petrobras rig

    Labor Strike at Brazil’s Petrobras Making no Difference to Bottom Line

    Brazilian oil government controlled multinational Petrobras announced on Tuesday that total production (domestic and ...

    China to Invest Up to US$ 5 Billion in Brazil

    China has signed a contract for the construction of a gas pipeline (known as ...

    IMF Couldn’t Be More Pleased with Brazil

    The Executive Board of the International Monetary Fund (IMF) completed December 15 the ninth ...

    Brazilian cow

    FAO Sees Brazil Still as Main Global Exporter of Beef and Chicken in 10 Years

    Brazil and other developing countries are benefiting from greater per capita income and growth ...