Republic Airways Confirms 11 Embraer 175 Jet Options

Released on Friday, December 21, 2007

S�o José dos Campos, December 21, 2007 � Embraer has received confirmation from U.S.- based Republic Airways Holdings of 11 options for the EMBRAER 175 jet. The aircraft will be operated by its subsidiary Shuttle America and will fly under the Delta Connection brand name. First delivery is scheduled for July 2008. The value of the deal, at list price, is US$ 341 million, based on January 2007 economic conditions.

"We are honored, once again, to be a part of the further expansion of Republic's fleet," said Mauro Kern, Embraer's Executive Vice President, Airline Market. "This additional order from our largest customer confirms that our approach for the E-Jets family in offering the right aircraft size for different airline applications meets market demands."

Republic Airways is the largest E-Jets operator in the world, with 76 EMBRAER 170 and 25 EMBRAER 175 jets currently in its fleet. The company's remaining E-Jets order book now totals 29 firm orders and 74 options. Shuttle America has been offering scheduled commercial passenger service since 1998 and currently operates 44 EMBRAER 170 jets, 16 of which in the Delta Connection livery. The company's EMBRAER 175 will be configured with 76 seats - 12 first-class and 64 coach.

"We are very pleased to add the EMBRAER 175 to the Delta Connection fleet. Our customers will appreciate the size and comfort of these jets," said Bryan Bedford, Chairman, President and CEO of Republic Airways Holdings. "The introduction of the first EMBRAER 175 will allow us to deliver a seamless travel experience to our partners."

The EMBRAER 175 is one of the four members of the new E-Jets family, which entered service in December 2004. At the end of the third quarter of 2007, the EMBRAER 170/190 family of E-Jets had logged 712 firm orders and 756 options, totaling 1,468 aircraft. Currently, the E-Jets client base is 43 companies in over 30 countries on five continents, accumulating more than one million flight hours.