Embraer and Arkia sign Letter of Intent for six E195-E2 jets

Nir Dagan, Arkia Israeli Airlines’ President & CEO, and John Slattery, President & CEO, Embraer Commercial Aviation, announced at the Farnborough Airshow, a Letter of Intent (LoI) from the airline for up to ten E195-E2 jets, consisting of six firm orders and four purchase rights. With purchase rights exercised, the contract has a potential value of US$650m, at the current list price.