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Azul Linhas Aereas Orders Embraer Aircraft Powered by GE's CF34 Engines

July 19, 2010

FARNBOROUGH AIR SHOW -- Azul Linhas Aereas has ordered five firm CF34-10E-powered EMBRAER 195 aircraft, which will be added to its existing order of 36 CF34-10E-powered Embraer 195 aircraft with options for 20 aircraft and purchase rights for an additional 20 aircraft. 

The engine order for the five additional firm E195 aircraft is valued at more than $40M (USD) list price. 

"GE's CF34-10E engines that power the EMBRAER 195 aircraft have performed well for Azul allowing us to provide reliable service to our customers," said Gerald Lee, vice president corporate affairs for Azul Linhas Aereas. "We are excited to add additional CF34-powered EMBRAER aircraft to our growing fleet." 

"Azul Linhas Aereas continues to expand its fleet in Brazil, and GE Aviation is proud to be a part of this airlines growth plans with its extremely reliable and durable CF34 engines," said David Joyce, president and CEO of GE Aviation. 

GE Aviation's CF34 engine, the best-selling engine in regional aviation history, recently surpassed 5,000 total deliveries. Every 8 seconds, a GE CF34-powered aircraft takes off somewhere in the world and CF34 engines travel the equivalent of 210 times around the planet each day carrying 500,000 passengers to their destinations. With a dispatch reliability rate of 99.95 percent and more than 50 million flight-hours, the CF34 engine epitomizes the reliability and durability necessary for high-cycle operation. 

With five years of service and more than 700 engines in operation with 36 customers, the CF34-10E engine has been performing well in the field, accumulating more than 3 million flight-hours and 2 million cycles. The engine has the highest thrust rating for the CF34 family with 20,000 pounds of thrust and includes many advanced technologies, including a single-stage high-pressure turbine, advanced wide chord fan blades, advanced 3-D aero compressor and turbine airfoils, and a chevron exhaust nozzle. The CF34-10E engine powers the EMBRAER 190/195 as well as the new Embraer Lineage 1000 business jet that entered service in mid-2009. 

Created in 2008, Azul Linhas Aereas is the newest domestic airline in Brazil and offers multiple, nonstop daily flights between Brazil's main cities. This order will bring Azul's CF34-powered EMBRAER 195 fleet to 41 aircraft with 20 options and 20 purchase rights for additional EMBRAER 195 aircraft. The carrier expects to have 26 E195 aircraft in service by year-end. 

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.