Embraer And Azorra Seal Aircraft Deal With Royal Jordanian For $635M
Portfolio Pulse from Shivani Kumaresan
Embraer SA and Azorra have signed a $635 million deal with Royal Jordanian Airlines for eight aircraft, including four E190-E2 and four E195-E2. Deliveries are expected to begin in Q4 2023.
May 18, 2023 | 5:36 pm
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Embraer's stock price may be impacted by the $635 million deal with Royal Jordanian Airlines for eight aircraft.
The deal is significant for Embraer, as it involves a substantial amount of $635 million. This could positively impact the company's revenues and, in turn, its stock price. The deliveries are expected to begin in Q4 2023, which could lead to a positive outlook for the company in the short term.
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