Embraer Signs Abra Group Deal for Up to 45 E195-E2 Jets
MT Newswires Live
Jul 21
Embraer (EMBJ) and Abra Group said Tuesday they signed an agreement for Abra to acquire 20 E195-E2 aircraft, with options and purchase rights that could increase the order to as many as 45 jets.
Financial details weren't disclosed.
The agreement includes 10 purchase options and 15 purchase rights, subject to certain conditions. Deliveries are expected to begin in Q4 of 2027 and continue progressively thereafter.
The order will be added to Embraer's Q3 backlog once all final conditions are met, according to a joint statement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.