Embraer signs agreements with United Airlines and Republic Airways for 24 E175s

Embraer signed (15-Nov-2016) a firm sale for 24 175 aircraft with United Airlines, which are scheduled for delivery in 2017. The order represents a transfer of the order previously placed with Republic Airways Holdings, currently in Embraer's backlog, which will be cancelled. The contract has a total value of USD1.08 billion, at list price. This backlog movement will be reflected on Embraer's 4Q2016 results and does not have an incremental impact on the company's current backlog. [more - original PR]