São Paulo – This Thursday (13th), Embraer has announced the sale of 50 second-generation aircraft to India’s Air Costa carrier. The deal, worth US$ 2.94 billion at list prices, has been announced in Singapore, where the Brazilian aircraft manufacturer is participating in the Singapore Air Show.
The 50 jets sold include 25 E 190-E2 units and 25 E 195-E2 units. The deal includes an option for the purchase of an additional 25 units of each model; if confirmed, the purchase will drive the deal’s value up to US$ 5.88 billion.
According to Embraer, the first E 190-E2 will be delivered to Air Costa in 2018. The model will have a two-class configuration, with capacity for 98 passengers. Its range is 5,186 km. The E 195-E2 can carry up to 118 passengers, with a range of 3,704 km. The first unit of the latter model will be delivered to Air Costa in 2019.
The aircraft models are part of Embraer’s second generation of business jets, which are more fuel-efficient and provide passengers with greater comfort, according to the company. In addition to the two models sold to Air Costa, Embraer has launched the E 175-E2, for 88 passengers.
Presently, Air Costa operates four Embraer aircraft: two E170 and two E190, both of which are part of the first generation. As of 1:19 pm this Thursday, Embraer stock listed at the São Paulo Stock Exchange (Bovespa) was selling for R$ 19.84, up 0.97%.
*Translated by Gabriel Pomerancblum
