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American Airlines places order for three new Embraer aircraft -Breaking

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© Reuters. FILE PHOTO – A ground crew member walks by American Airlines planes that were parked at the airport during the coronavirus (COVID-19), outbreak at Ronald Reagan National Airport, Washington, U.S.A, April 5, 2020. REUTERS/Joshua Roberts/File Photo

SAO PAULO (Reuters) – Brazilian planemaker Embraer SA (NYSE:). Tuesday’s announcement by American Airlines (NASDAQ;) stated that it has placed a firm purchase for three E175-equipped aircraft from American Airlines (NASDAQ.) to be operated through its Envoy Air subsidiary.

Embraer said that the deal, valued at $160.2 Million was included in its 2021 fourth-quarter backlog. These deliveries should be completed by the end 2022.

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