Abra Group agrees to buy up to 45 Embraer jets at Farnborough Airshow
Abra Group, parent of Avianca, Gol and Wamos Air, agreed to buy 20 Embraer E195-E2 jets, with options and purchase rights that could lift the total order to 45 aircraft. The deal is a positive signal for Embraer, as it expands its commercial aircraft backlog and reinforces demand for the E195-E2 in Latin America. While the article does not provide pricing or delivery timing, the size of the order suggests potential revenue visibility and supports sentiment around Embraer’s jet program. The market reaction in the excerpt shows Embraer shares up 2.87% to $65.93, reflecting investor optimism around the new order.