Brazil’s Embraer wins order for 20 aircraft from U.S. lessor Azorra

1 min read
The logo of Brazilian jets maker Embraer is seen on a factory in Sao Jose dos Campos

SAO PAULO – Brazilian planemaker Embraer SA announced on Monday that U.S. lessor Azorra has placed an order for 20 new E2 aircraft and has signed a deal for purchase rights on an additional 30 aircraft.

The transaction was valued at $3.9 billion, Embraer said in a securities filing. “Deliveries will begin in 2023, adding (a) further 20 Embraer aircraft to the 21 already in Azorra’s existing and committed portfolio,” it added.

(Reporting by Gabriel Araujo; Editing by David Goodman)

tagreuters.com2022binary_LYNXMPEI0N0II-BASEIMAGE

Breaking News:  Athletics-Kipchoge set for Boston Marathon debut next year