Sao Jose dos Campos, Brazil, October 26, 2023 – Embraer (NYSE: ERJ) has agreed to the sale of 19 new E175 jets to SkyWest, Inc. (NASDAQ: SKYW) for operation in the United Airlines (NASDAQ: UAL) network, adding to the 90 E175 jets SkyWest already operates for United. The E175 aircraft will fly exclusively with United under a Capacity Purchase Agreement (CPA). The value of the contract, which has been included in Embraer’s Q3 backlog, is US$1.1billion, based on list price.
The 70-seat aircraft will be delivered in a three-class configuration. Deliveries will begin Q4 2024.
About Embraer
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.