IndiGo reportedly talks to buy 100 Embraer regional jets
What happened
IndiGo is in early discussions with Embraer regarding the purchase of 100 regional jets, with an option for 50 additional aircraft. JPMorgan analysts estimate that an order for 100 planes could be worth $5.1 billion, assuming a 35 per cent discount. The aircraft model and final quantity are not yet confirmed, and deliveries would likely begin from 2030 at the earliest.
From dailyk2.com
Why it matters
The potential order represents a significant revenue opportunity for Embraer in the Indian market. The news caused Embraer’s Sao Paulo-traded shares to rise 2.3 per cent, while IndiGo shares closed 2.3 per cent higher.
From dailyk2.com
Who's involved
- EmbraerAircraft manufacturer in Brazil marketing regional jets to Indian airlines
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- EmbraerSpeculative
Embraer might see major revenue growth in the Indian market from the potential order.
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The entities involved
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Embraer
aircraft manufacturer in Brazil