Embraer And Azorra Seal Deal With Royal Jordanian Airlines For Eight New E2 Jets; Combined Order Is For Four E190-E2 And Four E195-E2; No Financial Terms Disclosed
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Embraer and Azorra have announced an eight aircraft deal with Royal Jordanian Airlines, including four E190-E2 and four E195-E2 jets, valued at $635M. Deliveries are expected to begin in Q4 2023. The E2 aircraft were chosen for their performance, operational efficiency, and alignment with the airline's strategic goals.
May 18, 2023 | 2:28 pm
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Embraer has secured an eight aircraft deal with Royal Jordanian Airlines, valued at $635M, which includes four E190-E2 and four E195-E2 jets. Deliveries are expected to begin in Q4 2023.
The deal is significant for Embraer as it adds to their order backlog and strengthens their relationship with Royal Jordanian Airlines. The E2 aircraft's performance and efficiency features make it an attractive option for airlines looking to modernize their fleets, which could lead to more orders in the future. This news is likely to have a positive short-term impact on Embraer's stock price.
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