Representatives from Embraer and American Airlines Inc. signed a firm request for fifteen E175 jets configured with 76 seats. The contract is valued at $705 million, based on current list prices, and will be included in Embraer's firm backlog of the fourth quarter of 2018. Deliveries will start in 2020.
This new contract results in a total of 104 E175 aircraft American Airlines has ordered since 2013. The most recent request for 15 jets occurred in May 2018.
American Airlines has selected Envoy, a subsidiary of American Airlines Group Inc., to operate the 15 aircraft, which will have a total of 76 seats: 12 first class seats and 64 economy class, including Economy Extra class.
"This new request from American Airlines shows the value that airlines keep placing on our successful jet E175," said Charlie Hills, director of Marketing and Sales for North America of Embraer commercial aviation. "We are fully committed to providing fleet solutions that have a positive final impact, and our E175 is responsible for this leadership with more than 80% participation in the U.S. market."
Including this new contract, Embraer has sold more than 435 E175 jets to airlines in North America since January 2013, obtaining more than 80% of total orders in the jet segment up to 76 seats.
Counting only the E-Jets program, Embraer has recorded more than 1,800 firm orders and 1,400 deliveries.