Brazil's Embraer says Helvetic to convert orders to bigger aircraft - filing


SAO PAULO, July 15 (Reuters) - Brazilian planemaker Embraer SA EMBR3.SA said Helvetic Airways has reached an agreement to convert four firm orders to the larger aircraft E195-E2 from the original E190-E2s.

The deal, which includes 12 E190-E2s with purchase rights for a further 12 and conversion rights to the E195-E2, had been announced in September 2018. Embraer said it has already delivered five aircraft and the remaining seven are valued at $480 million.

(Reporting by Carolina Mandl, editing by Louise Heavens)

((; +55 11 5644 7703; +55 11 97116-3806;))

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

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.