Delta Closes US$ 400-Million Deal with Brazil’s Embraer

Embraer, Brazilian aircraft manufacturer, announced that Republic Airways Holding ordered another 16 units of the Embraer 170, commercial jet with the capacity to carry between 70 and 78 passengers.

The North American company, according to Embraer’s press release, also made 34 new purchase options of the model, which may, or not, be converted into firm orders in the future.


The order, according to the Brazilian company, increased to 39 the number of firm orders made by Republic and to 61 the number of options for the purchase of the Embraer 170.


According to Embraer, the value of the contract signed January 19 is of US$ 400 million, if considered the list price for the aircraft.


If all options are converted, the value of the deal may reach US$ 1.5 billion, according to the company.


Republic, according to Embraer, will use the aircrafts in services for Delta Airlines, through the operator Delta Connection.


ANBA ”“ Brazil-Arab News Agency

Tags:

You May Also Like

Do You Want Your Own Radio in Brazil? Get Yourself a Godfather First

Community radios have existed in Brazil since the 1980s, long before they became regulated ...

Brazil mining

It’s Time Brazil Depend Less on the US and Raw Material

"Brazil is not in charge of its own economy. When the world does good, ...

Boom Times for Rio, Brazil: US$ 70 Billion to Be Invested in 3 Years

Exploration of oil in Campos Basin, the Petrobras investment, the construction of the Angra ...

Canada Firm Believes It Found Golden Opportunity in Brazil

Canada-based Matador Exploration Inc. has started exploration as part of its option to earn ...

Average Interest Rate in Brazil: 29% a Year. In the World: 4%

Erivaldo Rodrigues of Austin Rating reports that Brazilian bank profits in 2005 were the ...

Youth Maze

Who is the Brazilian teenager? He/she is passionate and apathetic, abstemious and drug-addicted, criminal ...

Brazilian Indian Chief Spared Jail for 2002 Murder

Brazil’s Higher Court of Justice (STJ) on June 29 allowed the chief of the ...

Brazil’s Miracle Man John of God Draws the World’s Incurables

About 300 people come to a small town of Abadiânia, in the Brazilian midwest ...

Presidents Lula and Bush

Lula’s Popularity is Low in the Americas, But Bush’s Is Even Lower

Ecuador's president Rafael Correa is the Latin American leader with most support in the ...

Workers' protest in Brazil

Brazil Needs a General Strike to Demand Good Education for All

May Day is no longer commemorated as it once was. The crisis in socialist ...