Embraer and AVIC sign framework agreement on industrial cooperation

Embraer S.A. signed a framework agreement with AVIC (Aviation Industry Corporation of China) aiming to implement a Legacy 600/650 production line in China, using the infrastructure, financial resources and workforce of their joint venture company Harbin Embraer Aircraft Industry Company (HEAI). In the next few weeks the parties shall finalize the details of the project and execute the relevant documentation. Embraer and AVIC recognize the rapid growth of the Chinese executive aviation market and are encouraged with the potential of the Legacy 600/650 to fulfill the requirements of this demanding market. There are more than 80 Embraer aircraft currently operating in Greater China. HEAI was established in January 2003, and has produced and delivered 39 ERJ 145 aircraft to date.