Embraer signs new order with Republic for five E175 jets
March 12, 2015, Sao Jose dos Campos, Brazil - Embraer and Republic Airways Holdings Inc. have signed an order for five new E175 jets. The contract, with an estimated value of 222 USD million, based on Embraer’s list price, will be included in the 2015 first-quarter backlog. The aircraft, configured in dual class with 76 seats, are expected to be delivered in mid- 2016.
This order of five E-Jets is in addition to the previous two orders for E175s placed by Republic in January 2013, for 47 firm aircraft, and in September 2014, for 50 firm aircraft. Apart from this new order, Republic maintains 32 options for the E175s.
In North America, the E175 has dominated the 76-seat class in the past two years with around 80% market share of orders.