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Brazil's Embraer says Virgin Australia bought 8 of its regional jets

Brazilian planemaker Embraer said on Monday it protected a company order for 8 E190E2 local jets from Virgin Australia.

The business confirmed the order in a securities filing. Reuters reported earlier in the day that market sources said Embraer was poised to protect the order winning a competitors versus the A220, the smallest model of Europe's Airplane .

Embraer did not state just how much the order was worth.

According to rate quotes from consultancy Cirium Ascend, such an order would deserve just under $300 million after typical industry discounts.

Embraer said the order will be added to its 3rd quarter book, with deliveries expected to begin in the second half of 2025.

(source: Reuters)