Embraer And Sky High Aviation Extends Pool Program Agreement
Portfolio Pulse from Benzinga Newsdesk
Embraer (NYSE:ERJ) has extended its multi-year contract with Sky High Aviation for the Pool Program. The agreement allows the Dominican Republic-based airline to continue receiving support for repairable components for its E-190 and E-175 aircraft. Embraer has been supporting Sky High Aviation since it became the first E-Jet operator in the Caribbean last year. The Pool Program currently supports over 60 airlines worldwide.
October 13, 2023 | 12:44 pm
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Embraer's contract extension with Sky High Aviation for the Pool Program could potentially strengthen its revenue stream and enhance its global presence.
The contract extension with Sky High Aviation allows Embraer to continue providing support for repairable components for the airline's aircraft. This not only strengthens Embraer's revenue stream but also enhances its global presence as the Pool Program supports over 60 airlines worldwide.
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