- Embraer SA ERJ received a firm order for three new E175, plus three purchase rights for the same aircraft model, with Overland Airways, from Nigeria.
- The 88-seat aircraft, with premium class cabin configuration, will be delivered from 2023. The deal is worth $299.4 million at list price, with all purchase rights being exercised.
- "We are seeing growing long-term demand for rightsized aircraft to deliver profitable domestic connections in Nigeria," noted Cesar Pereira, VP for Europe, Middle East and Africa, Embraer Commercial Aviation.
- Price Action: ERJ shares are trading higher by 3.61% at $16.79 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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