Embraer Inks Agreement with China’s Colorful Guizhou Airlines for up to 17 E190s

Embraer S.A. announced today at the 51st International Paris Air Show that it has concluded an agreement for 17 E190s with Colorful Guizhou Airlines, the first locally-owned airline in China’s Guizhou Province. The contract is for seven firm orders, which will be included in Embraer’s 2015 second-quarter backlog, and ten options and has an estimated value of US$834 million at current list price if all options are exercised. The first aircraft is scheduled for delivery in 2015. “With around 80% market share in the segment in China, the E190 has shown to be the best aircraft in the category, offering