Luxair Orders Four Embraer E195-E2 And Secures Delivery Positions For Five More
Portfolio Pulse from Benzinga Newsdesk
Luxair, the flag carrier of Luxembourg, has signed a firm order for four E195-E2 aircraft from Embraer (NYSE:ERJ). The aircraft will complement Luxair's larger narrowbody aircraft recently ordered. Luxair also secured two options and three purchase rights for more aircraft, with conversion rights to E190-E2 as required. The first aircraft delivery is scheduled for Q4 2025.
October 11, 2023 | 2:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Embraer has secured a firm order from Luxair for four E195-E2 aircraft, with additional options and purchase rights. This could potentially increase Embraer's revenues and strengthen its position in the regional aircraft market.
The news of a firm order from Luxair for Embraer's E195-E2 aircraft, along with additional options and purchase rights, is positive for Embraer. This could potentially increase the company's revenues and strengthen its position in the regional aircraft market. The first delivery is scheduled for Q4 2025, which could provide a boost to Embraer's revenues in that period.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100