Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. HOMEPAGE

Brazil's Embraer And Republic Airways Strike $2.1 Billion Deal For 50 Jets

Embraer 175
50 of these are on their way to the U.S. Pierre Verdy/AFP

SAO PAULO (Reuters) - Brazil's Embraer SA, the world's third largest commercial planemaker, said on Wednesday it booked a firm order from U.S. regional operator Republic Airways Holdings Inc. for 50 of its next-generation E-175 aircraft.

Advertisement

The deal, which will be included in Embraer's order book for the third quarter, is valued at $2.1 billion, the planemaker said in a securities filing.

The planes will be operated by United Airlines under the United Express brand, Embraer said, adding it comes on top of the company's deal with Republic in Jan. 2013, when it signed a firm order for 47 E-175 jets with 47 options.

(Reporting by Asher Levine; Editing by Bernadette Baum)

Read the original article on Reuters. Copyright 2014. Follow Reuters on Twitter.
United Airlines Aircraft Brazil
Advertisement
Close icon Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Jump to

  1. Main content
  2. Search
  3. Account