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Embraer SA Signs Contract with SkyWest Inc


Tuesday, 21 May 2013 08:20am EDT 

Embraer SA and SkyWest Inc announced on May 21, 2013 an order for the 40 EMBRAER 175 jets. SkyWest Inc will operate them under a Capacity Purchase Agreement (CPA) with United Airlines. The other 60 firm orders are subject to signing new agreements by SkyWest with companies from the United States to which it provides services. The agreement includes also an option for E175 100 jets, increasing the potential of the total order to 200 jets. If all firm orders are exercised, the combined order has an estimated value of USD 4.1 billion at current list prices. The delivery of the first jet is scheduled for the second quarter of 2014. 

Company Quote

39.5
0.19 +0.48%
24 Jul 2014