US Airline Has 153 Orders and Options to Buy Brazil’s Embraer Jets

The Brazilian aircraft manufacturer Embraer has sold 30 E-175 regional jets to Republic Airlines Inc., its first sale of the jet to the US market, Embraer said in a statement.

Deliveries of the 86-seat jets will start in 2007. Republic now has 78 firm orders and 75 options for Embraer’s E-jet series.

Embraer in recent years has specialized in regional commercial jets of 30 to 120 seats, a class in which neither US manufacturer Boeing nor its European rival Airbus competes. However, sales have slowed as US and European airlines suffer from intense competition and rising fuel costs.

"The introduction of another member of the E-Jets family, the Embraer 175 into the US domestic market, represents an important validation of our strategy of providing airlines with flexibility to match demand with the right aircraft size," Federico Fleury Curado, an Embraer executive vice-president, said.

US Airways originally had a purchase option on the 30 jets, but agreed to transfer the purchase rights to Republic Airlines. The Brazilian aircraft maker said the deal had not affected US Airways firm order for 25 of its twin-engined 195 jets, and options on a further 32 190s.

Embraer is now seeking to cash in on the fast expansion of the executive jet market, which grew 27 percent in 2005.

Mercopress – www.mercopress.com

Tags:

Ads

You May Also Like

Clothes and Jewels Play Together at Fashion Rio, Brazil

Brazilian beach fashion is standing out this week. Apart from the spring/summer shows at ...

US-EU-Brazil Team Can’t Agree on How Much Water Should Go in Ethanol

A Brazilian-American-European taskforce of technicians created to define an international standard for ethanol has ...

Brazil and China Going Beyond the Basics

Trade between Brazil and China should come close to US$ 10 billion in 2005, ...

There’s No One We Can Talk to in the US as We Do with the Chinese, Says Brazil

Luiz Inácio Lula da Silva, president of Brazil, with a delegation of 240 businessmen ...

For the First Time, Brazilian Indians Have Chance to Shape Own Policy

Brazilian Indians themselves will show the way to a better Indianist policy. According to ...

Oil Is Not Brazil’s Only Offshore Asset

I visited the Ceasa market in São Paulo recently and was struck by the ...

Oil and Wall Street Make Brazil Market Bearish

Latin American markets had a mixed session, due to discount-buying in Argentina and bullishness ...

Lula Blames Red Tape for Delays on Brazil’s 2014 World Cup Preparations

Brazil has just announced investments equivalent to US$ 3.2 billion to upgrade airports in ...

Brazil Will Teach Lebanon How to Sell More to Brazilians

Brazil has agreed to help Lebanon in areas like trade, health, water quality, livestock, ...

LETTERS

Brazil has had to pursue their space dreams alone and against the opposition from ...