Embraer better than Boeing

By Emerging Money>,

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Embraer ( ERJ , quote ) is about to announce another larger than expected customer order that will continue a re-rating process on the stock.

Image courtesy Antônio Milena/ABr: http://commons.wikimedia.org/wiki/File:Embraer_190.jpg A quick review of the updates on EmergingMoney.com over the last two years, illustrates our view that this is one of the best run companies in the world, and a leader in technology.

Embraer is a charter member of the "Ambassador's Index".  Today, SkyWest ( SKYW , quote ), Inc. has agreed to purchase 100 new E175 dual-class regional jet aircraft from Embraer, and another 60 conditional orders.

The potential size of this deal is $4.1 billion and this should increase their order book backlog by 30% deliveries are expected to begin in the second quarter of 2014 and continue through mid-2015.

SkyWest will operate Embraer 175s under the United Express brand. This deal was not expected to come until later in the year and also is larger than expected.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
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