Aircraft
Embraer says airline deal could could net $1.26B
Embraer yesterday said it has signed a “preliminary commercial agreement” with a Brazilian airline for dozens of airliners in a deal potentially worth $1.4

Embraer yesterday said it has signed a “preliminary commercial agreement” with a Brazilian airline for dozens of airliners in a deal potentially worth $1.46 billion. The regional jet manufacturer also said it converted $285 million worth of previously disclosed airliner options into firm commitments.  

Brazil’s BRA Transportes Aereos plans to buy 20 Embraer 195s worth $730 million and has signed for options on another 20. The BRA jets will be configured with 118 seats in identical single-class layouts, Embraer said, adding that the first E-195s will join the airline’s fleet in next year’s second quarter.