LATECOERE : Latécoère selected by Embraer for the development and the production of all EJet E2 doors

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Embraer has selected Latécoère group for development and production of the doors of the new EJet E2 aircraft. This set of doors consists of passengers and services doors, the freighter doors for E175-E2, E190-E2 and E195-E2 versions as well as over wing emergency exit doors for E190-E2 and E195-E2 versions. It is therefore from six to ten doors according to versions which will be delivered to São José Dos Campos to be installed on the assembly lines of Embraer. The contract which also concerns support in service to the operators is valued at about 1 billion dollars on the length of the program.

The E-Jets E2 is the second generation of its E-Jets family of commercial aircraft. The application of advanced technologies for engines, wings, and avionics distinguishes the E-Jets E2 by providing airlines with maximum efficiency gains and no compromises, while maintaining commonality with current E-Jets. New aerodynamically advanced, high-aspect ratio, distinctively shaped wings, improved systems and avionics, including 4th generation full fly-by-wire flight controls, and new generation engines that will result in double-digit reductions in fuel consumption, emissions, noise and maintenance costs, and increased aircraft availability. The entry into service of the E-Jets E2 is planned for 2018.

Bertrand Parmentier, CEO and Eric Gillard, COO of the Latécoère group said: "We are very pleased with this choice which restates the confidence of Embraer in our Group and reinforces the position of the Latécoère group as one of the main companies able to develop new-generation aircraft doors. The current EJet program is a real success and we are very confident that the E2 version will experience the same success".

About Latécoère
Latécoère is a tier 1 partner to major international aircraft manufacturers (Airbus, Embraer, Dassault, Boeing and Bombardier), in all segments of the aeronautical market (commercial, regional, corporate and military aircraft), specializing in three fields:

  • Aerostructure Industrial (60% of total revenue): fuselage sections and doors.
  • Aerostructure Services (13% of total revenue): design, stress analysis and definition of industrial products - design, manufacturing & maintenance of tooling and special assemblies
  • Interconnexion Systems (27% of total revenue): onboard wiring, electrical harnesses and avionics bays.

The Group employed as of December 31, 2012 4,288 people, in 10 countries.

Latécoère had total consolidated revenues of ¤643.6 million in 2012 and as of June 30, 2013 its order book stood at ¤2.24 billion (based on a USD/EUR exchange rate of 1.35).

Latécoère, a French corporation (société anonyme) with capital of ¤18,650,132 divided into 9,325,066 shares with a par value of ¤2 per share is listed on Euronext Paris - Compartment C.

ISIN code: FR0000032278 - Reuters code: LAEP.PA - Bloomberg code: LAT.FP
CONTACTS

Groupe LATECOERE
Bertrand Parmentier / CEO
Tel.: +33 5 61 58 77 00
bertrand.parmentier@latecoere.fr
ACTUS
Corinne Puissant / Investor Relations
Tel.: +33 1 53 67 36 57 - cpuissant@actus.fr
Anne-Catherine Bonjour / Media Relations
Tel.: +33 1 53 67 36 93 - acbonjour@actus.fr
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