Embraer Sells 24 E195-E2 Aircraft to LATAM Airlines Group With Option for 50 More

MT Newswires Live

09/22

Embraer (ERJ) said Monday that it has sold 24 of its E195-E2 small narrowbody aircraft to LATAM Airlines Group (LTM).

Under the deal, LATAM has committed to acquiring 24 of the planes, with an option to buy 50 additional aircraft. The initial order has a list-price value of approximately $2.1 billion, Embraer said.

Shares of the aircraft manufacturer were up 2.6% in recent premarket activity.

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