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)