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| Name | Symbol | Market | Type |
|---|---|---|---|
| Embraer SA | NYSE:ERJ | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.20 | -0.75% | 26.37 | 26.77 | 26.16 | 26.23 | 1,319,660 | 23:05:45 |
From May 2019 to May 2024
By Rogerio Jelmayer
SAO PAULO-Brazil's aircraft maker Embraer SA (ERJ) signed a contract with International Lease Finance Corporation, a subsidiary of American International Group Inc. (AIG) to sell 50 aircraft in a deal worth $2.85 billion, the companies said in statements Wednesday.
The firm order is for the purchase of 50 E-Jets E2 aircraft from Embraer, including 25 E190-E2 and 25 E195-E2. The order also includes options for an additional 50 aircraft.
"This order for the E-Jets E2 aircraft is in line with our current fleet strategy, which aims to provide our customers with a diverse mix of aircraft for their market-specific needs," said ILFC Chief Executive Henri Courpron in a statement.
"We see opportunities to place this new jet within ILFC's current customer base in all of our worldwide markets. We will also leverage access to the existing operators of the current version of Embraer to offer them the new E2," added Mr. Courpron.
Deliveries of the E-Jets E2 are expected to begin in 2018 and be complete in 2023.
Write to Rogerio Jelmayer at rogerio.jelmayer@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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