- Embraer (ERJ -0.2%) has received a $1.9B order for 30 E-Jets from Azul, Brazil's third largest airline. Azul has an option to also acquire another 20 jets, which would bring the contract value up to $3.1B.
- Azul is looking to increase its fleet capacity, as it plans on flying to the U.S. and expects more government subsidies for regional flying.
- The first delivery is expected in 2019.