Deals for Embraer, Bombardier
[NEW YORK] Embraer SA won a regional-jet order valued at US$2.4 billion from a US commuter carrier while Bombardier Inc sought firm purchases for its embattled CSeries after getting commitments to buy the planes.
Trans States Holdings Inc agreed to buy 50 of the E175-E2 model, Embraer said on Monday at the Farnborough Air Show. Bombardier reached a tentative 20-jet deal with China's Zhejiang Loong Airlines Co for the new CSeries, which is missing the industry's biggest expo after an engine fire.
Embraer's deal and Bombardier's quest for more customers for the CSeries highlight the divergent approaches at the two biggest makers of regional aircraft. Sao Jose dos Campos, Brazil-based Embraer is upgrading its signature E-jet family, while Bombardier has struggled for customers for the CSeries, whose larger size pits it against traditional airliners.
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