Embraer Signs a LoI with NAC for Three E190 jets

Embraer announced today, at the Farnborough Airshow 2018, that it has signed a Letter of Intent (LoI) with Nordic Aviation Capital (NAC) for three E190 aircraft. The deal has an estimated value of USD 156 million, based on Embraer’s list prices. The order will be included in Embraer’s backlog as soon as it becomes firm.

These new aircraft will join the existing 134 E-Jets currently owned by NAC.

Source: Embraer - Empresa Brasileira de Aeronautica S.A. (NYSE: ERJ)
Date: Jul 18, 2018