Embraer: Taca Group agree to buy 11 E-190 jets in deal valued at $379.5M |
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Published
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Wed, 24 Oct 2007 19:17
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- Embraer said Wednesday El Salvador's TACA Group has signed a contract to purchase 11 Embraer-190 jets, with options to buy another 15 aircraft of the same model.The deal is valued at $379.5 million at list prices and could reach $897 million if all options are confirmed, the Brazil-based aerospace company said.The order was already included in Embraer's third quarter backlog as 'undisclosed,' the company added.Embraer's U.S.-listed shares fell 1.9% to $48.10.Gabriel Madwaygm/pcCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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