Embraer Takes off on New Order

Embraer (NYSE: ERJ) shares gained Tuesday, on word ANA Holdings Inc., has ordered 15 E190-E2s aircraft from the company with options for an additional five aircraft.The selection of the E190-E2, according to this morning’s news release, is part of ANA's fleet renewal plan. The economics and efficiency of the aircraft will enable the airline to enhance nationwide connectivity while providing improved space and comfort for passengers. Deliveries of the E190-E2 aircraft to ANA are expected to commence in 2028."We are honoured that Embraer's E190-E2 small narrowbody aircraft will join ANA's fleet and we look forward to the delivery of the first aircraft in 2028," said Martyn Holmes, Chief Commercial Officer, Embraer Commercial Aviation. "The E190-E2 is the quietest and most fuel-efficient aircraft available, whose size perfectly complements ANA's fleet of larger narrowbodies. Furthermore, the E2's cabin will appeal to ANA's passengers as it offers outstanding comfort and space with no middle seats. We look forward to seeing the aircraft take to the skies across Japan."Embraer E-Jets have been operating in Japan since 2009 and are supported by Embraer personnel in the country. ERJ shares took on $1.42, or 3.5%, to $42.97.