Embraer (ERJ) has agreed to the sale of 19 new E175 jets to SkyWest, Inc. (SKYW) for operation in the United Airlines (UAL) network, adding to the 90 E175 jets SkyWest already operates for United. The E175 aircraft will fly exclusively with United under a Capacity Purchase Agreement, or CPA. The value of the contract, which has been included in Embraer’s Q3 backlog, is $1.1B, based on list price. The 70-seat aircraft will be delivered in a three-class configuration. Deliveries will begin Q4 2024.
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