American Airlines Closes $7 Billion Embraer Jet Order

The airline is transitioning its regional fleet to larger jets with dual-class cabins.

Tuesday, March 12, 2024 at 02:28 PM ET

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American Airlines is gradually replacing its older 50-seat regional jets with Embraer E175s, which offer 76 seats in two classes [Courtesy: Embraer]

Key Takeaways:

Embraer has finalized a deal to sell 90 E175 jets to American Airlines, with purchase rights for 43 additional units, in a transaction valued at over $7 billion.
This firm order represents American Airlines' largest single purchase of E175s, which will feature 76 seats in a two-class configuration.
American Airlines is strategically modernizing its regional fleet with these larger, more efficient E175s to replace older, smaller 50-seat aircraft, aiming to enhance operational reliability and connectivity.

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Embraer has agreed to sell 90 of its E175 jets to American Airlines Group Inc. with purchase rights for 43 additional jets in a transaction valued at more than $7 billion.

Under the companies’ agreement, Embraer will deliver the E175s with 76 seats in American’s standard two-class configuration. Embraer said the E175 is among the most popular regional aircraft, and the company has sold 837 of them since 2013. The latest firm order for 90 will be added to the Brazilian aerospace company’s first-quarter 2024 backlog and represents the airline’s largest single order of E175s.