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Brazil's Embraer says Virgin Australia ordered 8 of its regional jets

Published 08/12/2024, 12:43 PM
Updated 08/12/2024, 07:30 PM
© Reuters. The interior of the Embraer E190-E2 is seen at the Singapore Airshow in Singapore, February 16, 2022. REUTERS/Caroline Chia/File Photo
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PARIS/SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Monday it had secured a firm order for eight E190-E2 regional jets from Virgin Australia.

Reuters reported earlier in the day before the announcement that industry sources said Embraer was poised to secure the order winning a competition against the A220, the smallest model of Europe's Airbus.

In a separate statement, Virgin Australia said the "significant investment" in Embraer aircraft would secure the future growth of its Western Australia-based regional and charter business, Virgin Australia Regional Airlines (VARA).

The E190-E2 jets will join Virgin Australia's fleet starting in October 2025 and will ultimately replace its long-serving Fokker 100 fleet, the Australian carrier said.

The companies did not say how much the order was worth.

© Reuters. The interior of the Embraer E190-E2 is seen at the Singapore Airshow in Singapore, February 16, 2022. REUTERS/Caroline Chia/File Photo

According to price estimates from consultancy Cirium Ascend, such an order would be worth just under $300 million after typical industry discounts.

Embraer said the order will be added to its third quarter book, with deliveries expected to start in the second half of 2025.

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