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By: - 4th May 2005 at 04:09 Permalink - Edited 1st January 1970 at 01:00
Embraer Expands Its Business Jet Portfolio
Tuesday May 3, 8:10 pm ET
Embraer launches Very Light Jet and Light Jet
SAO JOSE DOS CAMPOS, Brazil, May 3 /PRNewswire-FirstCall/ -- Embraer today announced it is strengthening its position in the business aviation market with new products and services. The first move to expand its product portfolio is to complement the Legacy offering with jets for the Very Light and Light categories.
Recently created, the Very Light Jet category is made up of aircraft that carry 6 to 8 people or up to 10,000 pounds. The Light segment, already established, is comprised of jets that commonly transport up to 8 or 9 people.
The Company will offer a complete range of integrated service solutions that will support the product portfolio expansion. In the near future, Embraer will unveil these solutions that range from sales to full-scale customer support.
"The Legacy has paved the way for Embraer to build a name in the business aviation market. This has been an enriching experience from which valuable lessons were learned. The accrued knowledge will shape our entrance into the Very Light, Entry and Light Jet segments, keeping Embraer at the forefront of product development and innovation," said Mauricio Botelho, Embraer President and CEO.
Introduction of Embraer in the Very Light and Light categories was approved by Embraer's Board of Directors in April. The investment in the new jets will total US$ 235 million. This program will be funded by the partners, financial institutions and the Company's own cash generation. Based upon in-depth market assessments, Embraer has estimated demand for approximately 3,000 Very Light, Entry and Light jets over the next decade. This figure does not include the air taxi market.
"Embraer is committed to making long-term investments in this business to offer revolutionary products and completely integrated solutions to a sophisticated customer base. Our goal is to build a robust business aviation unit and a global infrastructure to support it," said Luis Carlos Affonso, Senior Vice-President for the Corporate Aviation Market.
The Very Light and Light Jets will be best-in-class. Premium comfort, outstanding performance and low operating cost are key design drivers for these jets.
They will be designed for high utilization and high availability. The pilot-friendly cockpit and the docile flying qualities of the two new aircraft will enable single-pilot operation and an easy transition for less experienced pilots.
Embraer's Very Light Jet will carry up to eight people and be powered by Pratt & Whitney Canada's PW617F engine, with 1,615 pounds of thrust. Its range will be 1,160 nautical miles (NBAA IFR reserves with 100 nm alternate) with four people onboard and it will have a maximum operating speed of Mach 0.7. The airplane is designed for a short takeoff distance and is capable of flying at 41,000 feet.
The Very Light Jet is expected to enter service in mid-2008 and will be priced at $2.75 million in 2005 economic conditions.
The Light Jet will be powered by P&WC's PW535E engine, with 3,200 pounds of thrust. Comfortably accommodating up to nine people, the Light Jet's range will be 1,800 nautical miles (NBAA IFR reserves with 100 nm alternate) with six people onboard, and it will have a maximum operating speed of Mach 0.78. The airplane is also designed for a short takeoff distance and is capable of flying at 45,000 feet.
The Light Jet is expected to enter service in mid-2009 and be priced at US$ 6.65 million in 2005 economic conditions.
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By: - 7th May 2005 at 20:29 Permalink - Edited 1st January 1970 at 01:00
Very Light Jet.... Hmm.. its a possibility.
But, the light jet, i seriously don't see its chances against Bombardier's new Learjet 40. After all, even Bill Gates chose Bombardier over Gulfstream or Dassault or something like the BBJ. Really, I am looking at Embraer and going like: "you know, it's going all out trying to beat Bombardier, while Bombardier isn't even on half capacity yet, and still on top. I don't see much of a chance of knocking the wind out of Bombardier, at least not now."
But of course the VLJ is different. I would much rather take it over the Mustang or Exlipse.
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By: Hammer - 4th May 2005 at 01:05 - Edited 2nd October 2019 at 11:40
P&WC Press Releases
Pratt & Whitney Canada awarded two major contracts for Embraer's new Very Light Jet and Light Jet aircraft
Longueuil, Quebec, May 3, 2005 - Pratt & Whitney Canada Corp. (P&WC) has secured two important wins in the very light jet and light jet markets with the selection of the PW617F and the PW535E engines for the new Embraer VLJ and LJ business and general aviation aircraft.
"These contracts solidify our presence in this fast emerging sector of the aircraft market," said Alain M. Bellemare, President, P&WC. "These latest wins reflect our significant investment and ongoing commitment to develop new products and technologies, and our ability to anticipate and strategically plan for emerging market opportunities. In fact, programs such as our PW600 have also acted as catalysts to help stimulate new markets, as is the case with the jet taxi."
"From the growth we are seeing in these two market segments, we believe that the opportunities are significant. We are encouraged by the sales volume projections of the aircraft manufacturers and the exciting development of the Jet Taxi market."
P&WC has now won three major competitions in the very light jet market segment within the past 3 years with its new PW600 engine family spanning the 900- to 3,000-pound thrust range. The PW617F engine, flat rated at 1,615 lbs. of takeoff thrust, is approximately a +10 per cent scale of one of the current PW600 engine models continuing the PW600 family's demonstrated scaleable concept. In addition, the PW600 delivers the added reliability and ease of operation with its dual-channel FADEC (Full Authority Digital Electronic Control).
The PW535E engine for Embraer's LJ embodies the ideal blend of advanced technologies and proven reliability and durability of the PW535 turbofan engine family that entered service in late 2000. Flat rated at 3,200 lbs. of takeoff thrust, it also features FADEC and injects new advanced proven technologies in the turbine and compressor areas to produce increased thrust with improved fuel consumption.
P&WC launched the PW600 engine family with the PW625F demonstrator program a few years ago. The PW600 has successfully targeted a new generation of very light jets that will deliver a level of affordability, reliability and operating economics previously thought unattainable for small, high performance business jet aircraft.
In addition, these very light jets in fact have fostered the emergence of jet taxi business model, offering on-demand, same-day, point-to-point transportation at a very affordable ticket price. "We see the jet taxi market as an exciting opportunity and with the already strong signs of its launch, we believe it will steadily build momentum to create a new, exciting means of business and personal travel," said Mr. Bellemare.
The PW617F engine is scheduled to be certified in the fourth quarter of 2007 while the PW535E is targeted for certification in mid-2008.
P&WC, based in Longueuil, Quebec, is a world leader in aviation engines powering business, general aviation and regional aircraft, and helicopters. The company also offers advanced engines for industrial applications. P&WC's operations and service network span the globe. P&WC is a subsidiary of United Technologies Corporation (NYSE:UTX), a high-technology company based in Hartford, Connecticut.