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AIRSHOW-Embraer in $177.5 mln, five jet deal with Oman Air

Tue Nov 17, 2009 2:26am EST

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DUBAI, Nov 17 (Reuters) - Embraer (EMBR3.SA) (ERJ.N) has signed a $177.5 million deal with Oman Air for five 175 aircraft, its chief executive said on Tuesday.

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The Brazilian plane maker said the value of the deal may double if all options are taken up. The first plane in the 72-seat aircraft series is set to be delivered in 2011.

"We are pleased to have Oman Air as the newest customer of our E-jets family and the first in the Gulf area," Frederico Fleury Curado, Embraer's president and chief executive, said at the Dubai Air Show.

(Reporting by Tamara Walid; Editing by Amran Abocar)

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