India’s Air Costa Acquires three E-Jets

Paris, France, June 18, 2013 – Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) announced today, during the 50th International Paris Air Show (www.paris-air-show.com), at Le Bourget, France, that Air Costa of Vijayawada, India, has acquired three E-Jets for launch of its scheduled regional airline service in India. Two EMBRAER 170s have been arranged from ECC Leasing, Embraer’s wholly-owned subsidiary. The new carrier has also purchased one new Embraer 190. The firm order is already included in Embraer’s backlog as an “undisclosed” customer.

“Embraer has always maintained that the regional aviation market in India has tremendous potential. Our E-Jets are the right sized aircraft for service between secondary and tertiary markets which are underserved and, in fact, growing faster than metro markets.” said John Slattery, Chief Commercial Officer (CCO), Embraer Commercial Aviation

Air Costa will initially connect cities in southern India such as Bangalore, Chennai, Hyderabad and Vijayawada, as well as key secondary cities in the north and northwest of the country. Regional services have a lot of potential in India especially as the economy of South Indian cities is booming.