Embraer secures deals for 28 E2 jets as Abra places first order
ERJ•Additional orders and Embraer's outlook
Embraer also disclosed an order from Spanish airline Binter for five E195-E2 jets. Luxembourg's flag carrier Luxair converted purchase rights into firm orders for three E190-E2 jets while securing an additional purchase right.
Japan's Fuji Dream Airlines ordered two first-generation E175 aircraft, Embraer said.
Itau BBA analysts estimated the firm orders to be worth approximately $1.3 billion, assuming a 50% discount to list prices, compared with Embraer's $32.1 billion backlog at the end of the first quarter.
"Positive news from Embraer that could keep sentiment around the Farnborough Airshow elevated through the end of the week," the analysts wrote in a note to clients.
Abra deal could add Embraer jets to Gol's fleet
Although Abra did not immediately disclose how it would allocate the aircraft, Gol would join rivals LATAM Airlines and Azul as operators of Embraer jets in the planemaker's home market if Abra adds them to its fleet.
Azul is a longtime Embraer client, while LATAM placed an order last year. Gol and Embraer have long discussed a potential order, amid pressure from the Brazilian government for all major local carriers to fly Embraer jets.
Abra's deal includes and . The first aircraft delivery is expected in .
