Connect with us

Hi, what are you looking for?

Uncategorized

Brazil’s Embraer backlog reaches $17.8 billion as Sky West orders 19 E175 jets

© Reuters. FILE PHOTO: An Embraer logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/File Photo

SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Thursday its firm order backlog reached $17.8 billion at the end of the third quarter, including a newly announced order by SkyWest (NASDAQ:) for 19 of its E175 jets.

Its backlog grew by $500 million from the previous quarter, Embraer said in a securities filing.

Embraer delivered 43 aircraft in the third quarter, compared with 33 in the year-ago period, totaling 105 aircraft delivered year-to-date.

Earlier on Thursday, the planemaker said that SkyWest had ordered 19 of its E175 jets for $1.1 billion, with deliveries expected to start in the final quarter of 2024.

The new aircraft will be flown by United Airlines under a capacity purchase agreement (CPA), Embraer said.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

News

Follow Follow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock news Play Earnings CallPlay Earnings Call...

Videos

Watch full video on YouTube