Embraer and Republic Airways Sign Letter of Intent for Up to 200 E175s

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Embraer and Republic Airways, the world’s largest E-Jet operator, announced at the 2018 Farnborough Airshow that they have signed a Letter of Intent (LoI) for a firm order of 100 E175, with the right to convert to E175-E2 aircraft, and purchase rights for an additional 100 E175 aircraft.

If all purchase rights are exercised, the contract has a value of up to USD 9.3 billion based on current list prices.

“With a relationship spanning 20 years, we are immensely honored to continue being an integral part of their success as they expand their fleet with additional E175s.” said John Slattery, President & CEO Embraer Commercial Aviation

“Over the past two decades we have acquired more than 350 jets through our partnership with Embraer,” said Bryan Bedford, Republic’s President and CEO.

“Through this partnership we have delivered industry leading safety, service and reliability to our codeshare partners. The E-Jet coupled with our 5,500 dedicated aviation professionals, delivers on our long-term vision of being the regional airline of choice.”

Source: Embraer Press Release