Embraer finalises order with Argentina's Austral for 20 EMBRAER 190 jets.
Brazilian aircraft maker Embraer (Empresa Brasileira de Aeronautica SA) (Sao Paulo:EMBR3) (NYSE:ERJ) announced on Friday that it has finalised a contract with Argentinian carrier Austral Lineas Aereas for the sale of 20 EMBRAER 190 jet aircraft.
The agreement was originally announced in May 2009 and was conditional upon the fulfilment of several requirements, which have now been finalised.
The aircraft ordered by Austral are the Advanced Range (AR) model, capable of flying non-stop for 2,400 nautical miles. They all have a total of 96 seats, with eight in the executive cabin and 88 in economy.
Austral will primarily use the new aircraft as substitutes for older aircraft on domestic routes, to increase current flight frequencies and to serve new cities.
Financial details of the order were not disclosed.
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|Publication:||Airline Industry Information|
|Date:||Apr 12, 2010|
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