Wednesday, July 21, 2010

Flybe places orders for Embraer E 175 jets

Embraer and Flybe, one of Europe's leading low-cost and regional airlines, signed a contract for the sale of 35 Embraer  E175 jets, today, at the 47th Farnborough International Airshow, in England. The deal includes 65 options and 40 purchase rights, giving the order a potential for 140 Embraer 175s. The total value of the contract, at list price, is US$ 1.3 billion, based on January 2010 economic conditions, and could reach US$ 5.0 billion, if all options and purchase rights are exercised. The British airline's Embraer 175 jets will be configured in a single-class layout, seating up to 88 passengers with comfortable, 30-inch pitch (76 cm) Elite seats. The first aircraft is scheduled for delivery in the second half of 2011.

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