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Embraer books Republic Airways deal worth up to $4 billion
January 24, 2013 / 11:51 AM / 5 years ago

Embraer books Republic Airways deal worth up to $4 billion

SAO PAULO, Jan 24 (Reuters) - Brazil’s Embraer SA , the world’s largest maker of regional jets, said on Thursday it signed a deal to provide Republic Airways Holdings Inc with 47 E-175 jets, with an option to acquire an additional 47 aircraft.

If all 94 planes were delivered, the value of the contract could reach about $4 billion at list prices, Embraer added. The new aircraft would be operated by Republic under AMR Corp’s American Eagle brand.

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