Embraer Banking On U.S. Regional Jet Revival
Embraer CEO Frederico Curado.
Embraer CEO Frederico Curado.

Embraer expects to see substantial sales activity over the next few months involving 70- and 76-seat E-Jets as U.S. major airlines respond to relaxed union limits on regional jets among their regional airline partners, according to the manufacturer’s CEO, Frederico Curado. Speaking with security analysts during the company’s fourth-quarter earnings conference call on March 13, Curado expressed optimism about the prospect of further large-scale sales following bankruptcy court approval a day earlier of American Airlines’ plan to award Republic Airways the right to fly 47 seventy-six-seat E175s under the American Eagle banner. Embraer hopes to close the sale to Republic this week, he said.