I guess ASA won't be converting any of those 50 seaters this year.
SAO PAULO, Brazil, Jan 19 (Reuters) - Brazil's jet maker Embraer (EMBR4.SA: Quote, Profile, Research) (ERJ.N: Quote, Profile, Research) said on Wednesday it received 16 new firm orders and 34 optional orders for its Embraer 170 regional jets from Republic Airways Holdings Inc. (RJET.O: Quote, Profile, Research) .
Embraer, the world's No. 4 aircraft manufacturer, said in a statement the firm orders alone from the U.S. company were worth $400 million, while the total value of the deal including the options could reach $1.5 billion.
It said the new deal raised the total number of firm Republic Airways orders to 39, while options now stood at 61.
On Monday, Embraer said it delivered 148 of its small and medium-sized jets in 2004, three more than its downwardly revised target of 145 deliveries. Embraer, which delivered 101 jets in 2003, maintained its target to deliver 145 jets in both 2005 and 2006. The company said it ended 2004 with $10.1 billion of firm orders for its planes, compared with $10.6 billion of orders a year ago.
SAO PAULO, Brazil, Jan 19 (Reuters) - Brazil's jet maker Embraer (EMBR4.SA: Quote, Profile, Research) (ERJ.N: Quote, Profile, Research) said on Wednesday it received 16 new firm orders and 34 optional orders for its Embraer 170 regional jets from Republic Airways Holdings Inc. (RJET.O: Quote, Profile, Research) .
Embraer, the world's No. 4 aircraft manufacturer, said in a statement the firm orders alone from the U.S. company were worth $400 million, while the total value of the deal including the options could reach $1.5 billion.
It said the new deal raised the total number of firm Republic Airways orders to 39, while options now stood at 61.
On Monday, Embraer said it delivered 148 of its small and medium-sized jets in 2004, three more than its downwardly revised target of 145 deliveries. Embraer, which delivered 101 jets in 2003, maintained its target to deliver 145 jets in both 2005 and 2006. The company said it ended 2004 with $10.1 billion of firm orders for its planes, compared with $10.6 billion of orders a year ago.