Overview

• The firm tranche is valued at about US$2.1 billion at list prices, with the overall outlay depending on whether options are exercised.
• Initial aircraft will go to Latam Airlines Brasil, with the group indicating potential allocation to other affiliates later.
• The order introduces Embraer’s E2 family into Latam’s fleet, which has until now comprised Airbus and Boeing models.
• Latam and Embraer say the jets could enable up to 35 additional destinations across the carrier’s network.
• Coverage portrays the sale as a commercial win for Embraer as long delivery backlogs at larger manufacturers constrain alternatives.