Austrian Airlines’ supervisory board has approved the purchase of 17 Embraer E-195s with a list price of close to $900 million. The first 120-seat jet will be delivered in August 2015, modified to Austrian Airlines standards and used for training purposes. Nearly 200 Austrian Airlines pilots will be retrained to operate the Embraer aircraft starting in the fall. The first commercial flight is scheduled for January 2016. “A decision was made today on one of the largest investment ...

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