Montenegro Airlines, Embraer Sign Service Contract

Released on Thursday, July 24, 2008

S�o José dos Campos, July 24, 2008 � Embraer signed a five-year Parts Pool Program service contract with Montenegro Airlines, based in the Republic of Montenegro, in Eastern Europe. This special materials solution optimizes inventory management and reduces the customer's overhead cost for replacement parts and warehousing facilities.

"We are glad to support Montenegro Airlines with our Parts Pool Program and offer them the best material solution for securing the high-quality standards of their fleet," said Leandro Laia, Embraer Vice President, Customer Support and Services � Europe, Africa and the Middle East.

The contract covers all EMBRAER 195 jets operated by Montenegro. The Parts Pool Program will provide the airline with quick spare parts replacement, a greatly reduced need for warehousing facilities and much lower inventory management costs, while, at the same time, increasing the ability to budget expenses.

"After having introduced our first EMBRAER 195 one month ago, we are delighted to reinforce our relationship with Embraer by joining the Parts Pool Program," said Zoran Duri�ic, Chairman of Montenegro Airlines. "The Embraer Parts Pool Program provides our maintenance staff with the required support to meet our target in terms of customer service."