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Embraer Wins 20 E195-E2 Aircraft Supply Order From TrueNoord
ZACKSยท 2025-10-20 15:11
Core Insights - Embraer S.A. (ERJ) secured an order from TrueNoord for 20 E195-E2 aircraft, valued at approximately $1.8 billion, with options for additional aircraft [1] - The order reflects strong market confidence and rising demand for next-generation, fuel-efficient aircraft [2][9] Company Summary - The E195-E2 is designed for efficiency, achieving 29% lower fuel consumption than previous models, accommodating up to 146 seats, and has a range of 3,000 nautical miles (5,556 km) [3][9] - Embraer delivered 46 new commercial aircraft in the first nine months of 2025, with a commercial aviation segment backlog of $13.1 billion as of Q2 2025, indicating strong demand [6][9] Industry Summary - The commercial aviation market is expanding due to rising air passenger traffic and demand for modern, fuel-efficient aircraft, with Airbus forecasting 43,420 new aircraft deliveries over the next 20 years [5] - Other aerospace companies like Airbus and Boeing are also benefiting from this trend, with significant order backlogs and deliveries [7][8]