"The Embraer E175 is an outstanding aircraft and
the interior design American has selected will
provide a world-class, seamless product for
their customers flying on Republic."
“Establishing a large regional jet fleet has
long been part of our business plan,” said Chuck
Schubert, American’s vice president – Network
Planning, “and this agreement is another example
of how we are executing on that plan in a way
that benefits our business and our customers.”
Republic also signed an agreement with Embraer
to purchase 47 new aircraft and lease a
previously owned Embraer E175 jet aircraft,
including the first deliveries of Embraer’s
enhanced fuel performance aircraft. In addition,
the Company will acquire five previously owned
E175s from a third party.
The aircraft, which will seat 76 passengers in a
two-class cabin, are expected to be phased into
operation at approximately two to three aircraft
per month beginning in mid-2013 through the
first quarter of 2015. Each aircraft will
operate under the CPA for 12 years from its
in-service date, extending the term of the
agreement into 2027. Republic’s contract with
Embraer also includes an option with delivery
positions exercisable beginning in 2015, for the
purchase of an additional 47 aircraft.
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