Embraer Sells 40 E-Jets to Lufthansa and JAL

By The Associated Press

posted: 18 June 2007 02:39 pm ET

LE BOURGET, France (AP) -- Brazilian aircraft manufacturer Embraer said Monday that it has cut deals to sell 30 jets to Germany's Deutsche Lufthansa AG and another 10 planes to Japan Airlines.

Empresa Brasileira de Aeronautica's deal with Lufthansa includes an option to switch part of the order for 30 Embraer 190 large regional jets to other models of regional planes. A preliminary accord on this deal, which could be worth up to $2.76 billion (euro2.07 billion), was announced in April.

The first Lufthansa jet is set for delivery in January 2009.

The order replaces one by Lufthansa subsidiary Swiss International Air Lines for 15 smaller Embraer 170 jets and 15 larger Embraer 195 planes. Both models are members of the same E-Jet family as the Embraer 190s that Lufthansa ordered today. As a result, the order won't substantially change the backlog, the company said.

Separately Monday, the opening day of the world's biggest air show at Le Bourget airfield just outside Paris, the Brazil-based manufacturer closed a deal to deliver 10 Embraer 170 jets to Japan Airlines and sold options for another five of the regional jets.

Japan Airlines will receive the first jet in 2008 as part of its restructuring plan. The contract could be worth $435 million if the airline takes up all the options, Embraer said.

As of March 31, Embraer had an order backlog of US$15 billion (euro11 billion).

Advertisement

Related Items from the LiveScience Store

  1. Go to Store
  2. Go to Store

More Stores to Explore

Most Popular

Recommended
Commented
  1. Airline CEO Responds to Complaint: Hilarity Ensues
World Travel - iExplore.com
Adventure Travel - iExplore.com
Region:
Country:
Activity: