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October 11, 2011

Embraer, GECAS Seal Contract For Another Six E-Jets

GECAS E-Jets Portfolio Grows To 101 Aircraft

A contract for six firm orders and six options of the Embraer 190, with the right to convert to the Embraer 195, has been signed between the Brazilian planemaker and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric Company. The total value of the deal, which will be included in Embraer's fourth quarter of 2011 backlog, is $256.8 million at list price.

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