Financial News

American Airlines places order for three new Embraer aircraft

Reuters
Reuters
FILE PHOTO: American Airlines planes are parked at the gate during the coronavirus disease (COVID-19) outbreak in Washington

SAO PAULO – Brazilian planemaker Embraer SA said on Tuesday that American Airlines has placed a firm order for three new E175 aircraft, which will be operated by its Envoy Air subsidiary.

According to Embraer, the deal was valued at $160.2 million and will be included in the company’s 2021 fourth-quarter backlog. The deliveries are expected to be concluded by the end of 2022.

(Reporting by Gabriel Araujo; Editing by Leslie Adler)

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