Air Costa signs for up to 100 Embraer E2s. From left: Embraer Commercial Aviation president and CEO Paulo Cesar Silva, Air Costa chairman Ramesh Lingamaneni and Air Costa VP-corporate finance Vivek Choudhary.
Embraer got a significant boost to its new E-Jet E2 program Thursday when India’s Air Costa announced an agreement for 50 firm aircraft plus 50 purchase rights. The firm deal, announced at the Singapore Airshow, covers 25 E-190-E2s and 25 E-195-E2s at a list price value of $2.94 billion. The purchase rights cover a further 25 E-190-E2s and 25 E-195-E2s. Air Costa becomes the first Indian customer for the E2, which was launched seven months ago at the 2013 Paris Air Show and which has ...
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