Embraer signs new order with Republic for five additional E175

Embraer and Republic Airways, operator of the largest E-Jet fleet in the world, signed an order for five new E175 jets. The contract, with an estimated value of US$222m, based on Embraer’s list price, will be included in the 2015 first-quarter backlog. The aircraft, configured in dual class with 76 seats, are expected to be delivered in mid- 2016. This order of five E-Jets is in addition to the previous two orders for E175s placed by Republic in January 2013, for 47 firm aircraft, and in September 2014, for 50 firm aircraft. Apart from this new order, Republic maintains 32 options for the E175s.