Firm Order For 15 Airplanes, Options For 17 More
Embraer announced has received a firm order for 15 E175s and two E190s from KLM Cityhopper, KLM's regional subsidiary. The contract for the 17 E-Jets also includes an option for 17 additional E-Jets for KLM Cityhopper or Air France regional subsidiary HOP! The firm order, which will be included in Embraer's 2015 first-quarter backlog, has an estimated value of $764 million based on Embraer's current list prices. The transaction is valued at $1.5 billion, if all options are exercised.