Overview

• The firm tranche is valued at about US$2.1 billion at list price, which Embraer reported locally as roughly R$11.2 billion.
• Initial aircraft will go to Latam Airlines Brasil with possible subsequent allocation to other group affiliates.
• The E195‑E2 becomes the first Embraer type in Latam’s fleet, which previously relied on Airbus and Boeing jets.
• Embraer says the jets could allow Latam to add up to 35 new destinations across South America.
• Embraer shares rose strongly on the news, closing up 4.63% in São Paulo and 4.02% in New York, as analysts cited a bolstered backlog alongside a recent 50‑jet sale to Avelo.