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Embraer

AirSprint

Embraer Legacy 450

Fractional Ownership

Press Release

Issued by Embraer.

September 6, 2018

Embraer delivers fifth Legacy 450 to Canada's AirSprint

Embraer Executive Jets has delivered the fifth Legacy 450 medium cabin business jet to AirSprint, Inc., a Canadian privately held fractional aircraft ownership company based in Calgary, Alberta. The first Legacy 450 entered AirSprint's fleet in December 2016 and has since been joined by five Legacy 450, bringing AirSprint's fleet to six Legacy 450.

“The revolutionary Legacy 450 delivers the ultimate customer experience with a best-in-class cabin altitude in a six-foot flat-floor cabin with ample space and amenities, including high-speed connectivity and a generous baggage compartment,” said Michael Amalfitano, president and CEO, Embraer Executive Jets. “We are elated that the Legacy 450 continues to fascinate AirSprint customers and deliver true value to their business.”

The purchase agreement for up to 12 Legacy 450 was signed in July 2016. This agreement has an estimated value of USD 198 million at the current list price, if all options are exercised.

"New airplane days are always exciting times at AirSprint," said James Elian, president and COO of AirSprint Inc. “We just added our sixth Embraer Legacy 450, C-GASE, to the fleet. Since December 2016, we have flown the Legacy 450 for over 7,700 hours on 5,300 flights. The combination of comfort and performance has made the Legacy 450 very popular with our fractional owners and we look forward to adding more aircraft in the future.”

In December 2016, Embraer and AirSprint flew the Legacy 450 on its maiden voyage to Hawaii, from California, establishing two speed records on the round trip. The National Aeronautic Association (NAA) and the Federation Aeronautique Internationale have confirmed each of these flights as a U.S. record and a world record, respectively.