Breaking: Air Peace Signs $2.1 billion deals with Brazil

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FILE PHOTO: The logo of Brazilian aviation company Embraer is seen during the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker/File Photo

BRASILIA (Reuters) – Brazilian planemaker Embraer SA said on Wednesday it has signed a firm order for 10 E195-E2 jets with Nigerian airline Air Peace, worth $2.12 billion if all purchase rights are exercised, according to a securities filing.

The order will be included in Embraer’s backlog for the second quarter of 2019, the company said.

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