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Embraer announces sales, options and LOIs in Farnborough worth US$15.3bn

Republic Airways Holdings has signed a Letter of Intent (LOI) with for an of 100 E175 aircraft, with the right to convert to E175-E2 aircraft. In addition to the firm aircraft, Republic has secured purchase rights on an additional 100 aircraft.

Embraer and Mauritania Airlines announced at the Farnborough Airshow, a firm order for two E175 jets. The contract has a value of US$ 93.8 million, based on current list prices, and will be included in Embraer's 2018 third-quarter backlog. Mauritania Airlines will configure both aircraft with 76 seats in a comfortable dual class layout. will take place in 2019.

Zurich based Helvetic Airways has signed a Letter of Intent (LoI) for 12 E190-E2 aircraft and purchase rights for a further 12, with conversion rights to the -E2. If all purchase rights are exercised, the deal has a list price of US$ 1.5 billion. The order will be included in Embraer's backlog as soon as it becomes firm, which will happen in the coming months. The first 12 E190-E2 aircraft will begin replacing Helvetic's five Fokker 100s and seven E190s, starting in late 2019 and completing in autumn 2021. The purchase options for a further 12 aircraft (E190-E2 or E195-E2) will enable Helvetic Airways to grow according to market opportunities.

In a deal that will see the Middle East's first E2 operator, Embraer has signed a firm order for 10 E195-E2 aircraft with Kuwaiti airline, Wataniya Airways. The firm order will be included in Embraer's 2018 third-quarter backlog. The contract also includes 10 purchase rights for the same model, bringing the total potential order to up to 20 aircraft. The order has an estimated value of US$ 1.3 billion, at current list price, with all the purchase rights being confirmed. The deliveries will start in 2020.

Embraer and Republic Airways have signed a Letter of Intent (LoI) for a firm order of 100 E175, with the right to convert to E175-E2 aircraft, and purchase rights for an additional 100 E175 aircraft. If all purchase rights are exercised, the contract has a value of up to US$ 9.3 billion based on current list prices. This order will be included in Embraer's backlog as soon as it becomes firm, later this year.

Embraer and Linhas Aéreas Brasileiras S.A. have signed a Letter of Intent for a firm order of 21 E195-E2 jets. This contract has a value of US$ 1.4 billion. This order is additional to an order for 30 E195-E2 jets signed by the airline in 2015, which will raise Azul's total order to 51 Embraer E2 aircraft. Azul is the launch operator of the E195-E2 and will receive the first aircraft in 2019.

Embraer has signed a Letter of Intent (LoI) with an undisclosed customer from Spain, for up to five E195-E2 jets – three firm orders and two options. If all options are taken, the deal has a list price of US$ 342 million.

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