Deal Includes Potential New Jet Service Agreement for the Operation of Embraer 170 and 190 Aircraft, a Conditional Equity Commitment for $125 Million and up to $110 Million in Asset Related Financing ...
Embraer said engine improvements and enhancements in production that reduce drag on the wing of its 70-seat EMB-170 aircraft have resulted in a 2% better fuel burn than the airframer previously ...
Certification of the Embraer 170 has slipped, and some finger-pointing has begun. In addition, Embraer says the aircraft does not currently meet run-way requirements at the U.K.'s London City Airport ...
phase of its reorganization process,” said Bryan Bedford, chairman, president, and CEO of Republic Airways Holdings. In addition to the equity investment, the agreement includes options for obtain ...