Firm Order Has Estimated Value Of $800 Million

Embraer has signed a firm order with SkyWest, Inc. for 18 E175 jets. The order, which will be included in Embraer’s 2015 third-quarter backlog, has an estimated value of $800 million, based on the current list price. The aircraft will be operated by SkyWest Airlines, under an amendment to an existing Capacity Purchase Agreement (CPA) with United Airlines.

With this new 18 aircraft purchase, the total number of SkyWest E175 firm orders reached 73 units of this model.

Delivery of the first aircraft is expected in 2016. The E175s are configured in a dual class 76-seat layout, equipped with 12 First Class seats, 16 Economy Plus seats, and 48 Economy seats, and will operate under the United Express brand.

The E175s feature a new wingtip that, among other technical enhancements, improves aerodynamic performance. Fuel consumption on a typical flight is 6.4% lower than first-generation E175s.  In North America, the E175 is the preferred aircraft of carriers operating 76-seat jets.  In the last two years, the E175 has captured over 80% of orders among aircraft in its class from airlines in the United States.

Embraer is the only manufacturer to develop a modern family of four airplanes specifically targeted for the 70- to 130-seat segment. Since the formal launch of the program in 1999, the E-Jets have redefined the traditional concept of regional aircraft by operating across a range of business applications. The first E-Jet entered revenue service in 2004.

(Image provided by Embraer)

FMI: www.embraer.com