Embraer and Australia’s Virgin Blue Airlines have signed a contract to exercise four purchase rights for EMBRAER 190 jets and to convert another three into options for the same model. The total value of this new deal, at list price, is $150 million, and could reach $262.5 million, if all options are confirmed. This transaction is already included in Embraer’s fourth quarter firm order backlog as “undisclosed”.
Macquarie Rotorcraft to acquire 12-helicopter portfolio from Milestone
AerCap offshoot Milestone Aviation Group (Milestone) has agreed to sell a 12-helicopter portfolio to Macquarie Rotorcraft. The portfolio will comprise a combination of Sikorsky S-92, Airbus H135, Bell 412 and Leonardo AW109, AW139 and AW189 helicopters which are presently on lease to six customers in nine countries across Europe, the Middle East, Africa and South-East