Monday, December 31, 2018
Republic Airways signs a contract for 100 E175 jets by Embraer. The firm order has a value of US dollar 4.69 billion and it will be included in Embraer’s 2018 fourth-quarter backlog. Deliveries will start in 2020.
The contract also includes purchase rights for an additional 100 E175s, with conversion rights to the E175-E2, bringing the total potential order up to 200 E-Jets.
John Slattery, president, Embraer Commercial Aviation said, “We are now closing a very important contract with Republic for these additional E175’s, continuously growing our long-standing partnership”
Republic Airways and Embraer partnership dates back to 1999 when one of its former subsidiaries, Chautauqua Airlines, took delivery of its first ERJ 145.
Republic Airline operates a fleet of nearly 190 Embraer 170/175 aircraft. Its major airline partner brands are American Eagle, Delta Connection and United Express.
Bryan Bedford, Republic president said, “This order represents another significant advance in our long-standing partnership with Embraer, and it positions Republic to compete for the more than 300 regional aircraft we anticipate being up for bid during the next five years as existing flying agreements expire with our global codeshare partners.”
Tags: Embraer, Republic Airways
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