Embraer and Republic Airways have signed a contract for a firm order of 100 E175 jets. The firm order has a value of US$4.69 billion, based on current list prices, and will be included in Embraer’s 2018 fourth-quarter backlog.
The approved terms define the joint venture comprising the commercial aircraft and services operations of Embraer, in which Boeing will hold an 80 per cent ownership stake and Embraer will hold the remaining 20 per cent.
The first next generation Embraer E190-E2 was delivered to Air Astana earlier at Nursultan Nazarbayev International Airport. This is the first of five Embraer E190-E2 aircraft scheduled to be delivered to Air Astana following an order originally placed in August 2017.
Boeing and Embraer have signed a memorandum of understanding to establish a strategic partnership that positions both companies to accelerate growth in global aerospace markets.
TAP is continuing to upgrade its service offering to customers, both in comfort through the introduction of the Embraer 190, and an extended route network within the US through a new code-share with JetBlue. The first E190 aircraft took its maiden flight for the airline on route TP488, from Lisbon to Nice, France.
The board of Austrian Airlines has approved the purchase of 17 Embraer 195 aircraft in almost new condition with a list price of close to $900 million. The first jet will already be delivered in August 2015, modified in line with Austrian Airlines standards and used for training purposes.
Embraer has released its 20-year Market Outlook for the North American market in which it forecasts 2,060 new jet deliveries in the 70 to 130-seat segment. It represents nearly 35 per cent of the total worldwide demand for aircraft in this particular segment and is valued at US$ 96 billion at list prices.
Royal Air Maroc, the national carrier of Morocco, has decided to introduce the E190 as part of a fleet upgrade to open new routes and to increase the number of short and medium-haul frequencies from its Casablanca International Airport hub in Morocco. The airline has signed a lease agreement for four E-Jets with Aldus Aviation, the Irish specialist E-Jet lessor.