• SHARE

RIO DE JANEIRO (Kyodo) Brazilian aircraft manufacturer Empresa Brasileira de Aeronautica SA, widely known as Embraer, said Monday it has agreed to sell 10 commercial jets to Japan Airlines Corp.

The deal, which includes options to acquire another five aircraft, could come to $435 million if all options are exercised, Embraer said.

With the first delivery of the 70- to 80-seat jets scheduled for 2008, the deal is “part of the Japanese airline’s restructuring plan and ‘rightsizing’ strategy,” according to the manufacturer.

Embraer has quoted JAL Group Chief Executive Officer Haruka Nishimatsu as saying “the introduction of the Embraer 170 will enable the JAL Group to promote its optimal aircraft size, depending on the scale of demand of each domestic route, develop business operations more efficiently, and increase convenience to costumers.”

“The Embraer 170 E-Jets will fly for J-Air Corp., a wholly owned JAL subsidiary, serving the airline’s regional network routes throughout Japan,” said a statement released by Embraer.

Based at Nagoya airport, J-Air operates 60 daily flights on 15 routes.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW