Wednesday, November 26, 2014

US/Brazil: SkyWest to Purchase $301 Million Worth of Commuter Jets Under Deal with Alaska Airlines

According to The Latin American Tribune, Brazilian aircraft manufacturer Embraer said on Tuesday (November 25) that SkyWest Inc., which operates planes for airlines in the United States, Canada, México and the Caribbean, has increased the number of E175s it plans to purchase to 47.

SkyWest reached a deal in May 2013 to buy 40 planes, with an option for 70 more, and it is now purchasing seven additional aircraft off the option, Embraer said in a statement.

The airliners, worth $301 million, will be operated by SkyWest under a deal with Alaska Airlines.

COMMENT: Embraer plans to book the sale in the fourth quarter of this year.

The E175s have 76 seats, including 12 in first class, and are scheduled for delivery in the second half of 2015.

SkyWest Inc. controls SkyWest Airlines and ExpressJet Airlines, as well as a unit that provides aircraft for carriers in North America and the Caribbean. 

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