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Brazil's Embraer sells 50 E-175 jets, 70/134 pax segment, to Republic Airways

Thursday, September 18th 2014 - 06:13 UTC
Full article 8 comments
“We have long and successful relationships established with Republic & United. The new contract further strengthens these bonds” said Embraer CEO Silva  “We have long and successful relationships established with Republic & United. The new contract further strengthens these bonds” said Embraer CEO Silva
The contract follows an earlier deal reached last January when Republic Airways ordered 47 E175 aircraft, 34 of which have been delivered The contract follows an earlier deal reached last January when Republic Airways ordered 47 E175 aircraft, 34 of which have been delivered

Brazilian aircraft manufacturer Embraer said on Wednesday it has reached an agreement to sell 50 E175 jets to U.S. regional operator Republic Airways Holdings for 2.1 billion dollars.s6u

Republic Airways will operate the planes for United Airlines and under the latter's regional United Express brand, the world's third-largest commercial plane maker and leader in the regional jet market said in a press release.

Republic Airways, owner of Chautauqua Airlines, Republic Airlines and Shuttle America, will begin receiving the new jets in the third quarter of 2015, Embraer said.

The contract announced Wednesday follows an earlier deal the two companies reached in January 2013, when Republic Airways ordered 47 E175 aircraft, 34 of which have already been delivered.

As part of that earlier contract, Republic Airways had the option of purchasing an additional 47 planes of that same model.

“We have long and successful relationships established with both Republic and United. This new contract further strengthens these important bonds,” Embraer Commercial Aviation President and CEO Paulo Cesar Silva was quoted as saying in the release.

“As the worldwide leader in the 70 to 130-seat jet segment, Embraer has shown the capability of fulfilling the needs of airlines in the demanding and challenging U.S. regional market.”

With its latest order, Republic Airways, one of the first U.S. airlines to fly Embraer E-Jets, will have an E-Jet fleet consisting of 72 E170s and 151 E175s, the Brazilian plane maker said.

The Indianapolis, Indiana-based regional operator offers nearly 1,300 daily flights to around 110 cities in the United States, Canada and the Caribbean.
 

Categories: Economy, Brazil, International.

Top Comments

Disclaimer & comment rules
  • Brasileiro

    Embraer is investing heavily in the defense and security segment. KC-390, A-29 and the Grippen NG will make of Embraer the second aircraft manufacturer in the world in the next decade.

    https://www.youtube.com/watch?v=N6OZTF-Q8Fo&list=PLRYkPP45bJtt15wcI68D1uvIcccjFe7ic

    Sep 18th, 2014 - 11:13 am 0
  • ChrisR

    @ 1 Brasso

    We have been all through this before, has anything changed in the market for this plane, NO.

    It might be the biggest plane ever built in Brazil but it does not march up to the competition of which their are many fully experienced companies already supplying WHAT THE MARKET WANTS, not what Embraer can build.

    As for “will make of Embraer the second aircraft manufacturer in the world in the next decade.” that is nonsense. Boeing and Airbus are way ahead of you now and will get further away in the next ten years.

    Stop spouting blind nationalistic bollocks if you want to be taken seriously.

    Sep 18th, 2014 - 12:21 pm 0
  • Brasileiro

    Another German company developing and creating value with Brazil: DNW-LLF.

    https://www.youtube.com/watch?v=Kk744X_hlcI&index=1&list=FLmXPTu1f8AdGlizWNiASx2A

    Sep 18th, 2014 - 08:41 pm 0
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