RIO DE JANEIRO, May 21 (Reuters) - Brazil’s Embraer SA signed a contract to sell 30 E195-E2 jets to Brazilian airline Azul Linhas Aéreas SA, the first firm order under an accord that could see the carrier buy as many as 50 aircraft, Embraer said in a statement on Thursday.
Embraer, the world’s third-largest commercial-aircraft manufacturer, said the firm orders will be added to the company’s backlog as of the second quarter and the first of the 30 jets will be delivered in the second quarter of 2020.
Azul signed the original letter of intent for up to 50 E195-E2 aircraft with Embraer in 2014. The E195-E2 can accommodate up to 132 seats.
Embraer said based on list prices 50 of the E195-E2 jets would cost $3.2 billion. That makes each aircraft worth about $64 million and the 30-jet order offering Embraer sales worth as much as $1.92 billion. Embraer, though, did not give a value for the Azul contract. (Reporting by Jeb Blount Editing by W Simon)