| Embraer Receives Fleet Order For 50 Phenom 100 In North America |
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Magnum Jet launches ownership program for the Phenom 100 São José dos Campos, September 5, 2006 – Embraer today announced that Houston-based Magnum Jet has acquired 50 Phenom 100 executive jets and has placed an option for an additional 50 aircraft. The contract allows Magnum Jet to convert its positions into either the Phenom 100 or the Phenom 300.
The value of the contract is US$ 137.5 million at list price in January 2005 economic conditions, with a potential of reaching US$ 275 million if all options are converted into Phenom 100. The new jet is expected to enter service in mid-2008. Magnum Jet is scheduled to take delivery of its first aircraft in early 2009. This contract is included in the previously announced order backlog of June 30th, 2006, which consists of firm orders for over 235 Phenom jets. “Embraer carefully studied the emerging very light jet market prior to launching their new Phenom 100 jets. We believe that Embraer's design for the Phenom 100 delivers operating capabilities and an interior design that will appeal to prospective owners and will offer a comfortable and efficient travel experience for future passengers. The design of the Phenom 100, together with Embraer's reputation for quality and reliability makes this new jet an integral part of Magnum's plans for the future,” said Jim Burns, Magnum Jet’s CEO. “Combined with their great reputation for quality and durability, the Phenom’s fit our business model extremely well.”  
The Phenom 100 and its Comfortable Interior
“Embraer is honored by Magnum Jet’s selection of the Phenom 100 and is pleased to offer the right-sized solution for its business. Designed for high utilization and low-cost operation, the Phenom jets will deliver premium comfort without sacrificing performance and prove to be a great profitability tool. The potential for these new jets in North America has already proven to be significant and we believe Magnum Jet’s innovative offering will be very appealing to this market,” said Luís Carlos Affonso, Embraer Executive Vice-President, Executive Jets. “We consider it a privilege to commence this relationship with Magnum Jet and look forward to a successful history together.”
Embraer’s Phenom 100 and Phenom 300 are a natural fit for ownership management programs and air taxi operations in that they are designed for high utilization and high reliability. The Phenom 100 and Phenom 300 are designed for at least 35,000 and 28,000 The Phenom 100 and Phenom 300 Jets
The Phenom 100 and the Phenom 300 jets are best-in-class. Premium comfort, outstanding performance and low operating costs are key design drivers for these jets. Both aircraft will offer pilots and passengers the comfort and style unseen in their categories. The relaxing ambience is enhanced by the size of the generous windows and the most ample cabin in their class. Onboard conveniences include a wardrobe or refreshment center, an aft cabin private lavatory with toiletry cabinet, and
The pilot-friendly cockpit and the docile flying qualities of the two new aircraft will enable single-pilot operation. Drawing from Embraer’s design and engineering heritage, the Phenom 100 and the Phenom 300 will be built for high utilization and availability. For added safety and reliability both jets will offer a standard brake-by-wire system with antiskid Based upon Garmin’s all-glass, fully-integrated avionics suite, the Prodigy flight deck offers Phenom Jet operators more advantages than any other avionics suite on today’s market. The pilot-friendly cockpit features three interchangeable 12-inch displays – two primary flight displays (PFD) and one multi-function display (MFD). The system integrates all primary flight, navigation, communication, terrain, traffic, weather, engine instrumentation, and crew-alerting system data and presents the composite information in brilliant, sunlight-readable color on three high-definition displays.
The Phenom 100 is powered by two Pratt & Whitney Canada’s PW617F engines with 1,615 pounds of thrust each. Its range with four occupants onboard will be 1,160 nautical miles (2,148 km or 1,335 miles) with NBAA IFR reserves, 35 minutes, and 100 nm The Phenom 100 is priced at US$ 2.85 million in January 2005 economic conditions for FAA certification and is expected to enter service in mid-2008. The Phenom 300 jet will be configured to accommodate up to nine occupants. Its large baggage capacity of 76 cubic feet (2.15 cubic meters) will conveniently transport passengers’ luggage, golf bags and skis.
The Phenom 300 is powered by two Pratt & Whitney Canada’s PW535E engines with 3,200 pounds of thrust each. Its range with six occupants onboard will be 1,800 nautical miles (3,334 km or 2,071 miles) with NBAA IFR reserves, 35 minutes and 100 nm The Phenom 300 is expected to enter service in mid-2009 and is priced at US$ 6.65 million, based on January 2005 economic conditions, for FAA certification. More details about Embraer’s executive jets and a complete Phenom mock-up tour calendar are available at www.embraerexecutivejets.com. About Magnum Jet
Magnum Jet was formed to bring Very Light Jets to market. Magnum will offer, along with the Company's strategic partners, a turn-key ownership and comprehensive management program for Very Light Jet owners and will operate a unique air limousine
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