Embraer (NYSE: ERJ; B3: EMBR3) has received a firm order from SkyWest, Inc. (NASDAQ: SKYW) for 60 aircraft with purchase rights on 50 additional aircraft. Deliveries of the aircraft will begin in 2027. The list price value of the firm order contract for 60 aircraft, which will be included in Embraer’s Q2 backlog, is US$3.6billion.
With a fleet of 263 aircraft, and an existing backlog of 16 aircraft, SkyWest Airlines is the largest E-Jet owner and operator in the world. This order further advances their position.
Chip Childs, President and CEO of SkyWest, said: “As the largest E175 owner and operator worldwide, we’re pleased to continue growing our E175 fleet and enhance our dual-class footprint. This order enables us to advance our long-term fleet strategy and to continue to deliver the premier regional product in the industry.”
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Download free sample pagesArjan Meijer, President & CEO of Embraer Commercial Aviation, added: “We are thrilled to continue our long-standing partnership with SkyWest Airlines with this mega order. The E175 is the cornerstone of regional aviation in North America, and this order underscores SkyWest’s confidence in our aircraft’s performance, reliability, and passenger comfort. We look forward to supporting SkyWest’s growth and success in the years to come.”
Embraer and SkyWest have been working closely together for nearly 40 years, beginning in 1986 when the airline acquired five EMB-120 Brasilia aircraft. By the end of 1997, SkyWest was celebrating its 25th anniversary and operating more than 40 EMB-120 aircraft. In 2013, the partnership was renewed with the purchase of 100 E175s. Today, SkyWest is the largest operator of the E175, with 263 aircraft.
