Embraer and Azul Linhas Aereas sign firm order for up to 50 E-jets E2 Embraer S.A. and Azul Linhas Aereas have reached a final agreement for 30 firm orders for the E195-E2 jets. The contract also includes an additional 20 purchase rights for the same model, bringing the total potential order up to 50 E195-E2 jets. The contract for the E-Jets E2 has an estimated value of $3.2B, at Embraer's current list prices, if all purchase rights are converted to firm orders. The firm orders will be included in Embraer's Q2 backlog. The first delivery is scheduled for 2Q20.
Embraer sells Legacy 500 to Middle East Airlines Embraer Executive Jets announced that Middle East Airlines has placed an order for one midsize Legacy 500 and an option for a second aircraft of the same model. The delivery of this aircraft is scheduled for Q4 and this order is already included in Embraer's firm order backlog for Q1, the company noted.