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Brazil plane maker sells sets to India’s Air Costa

February 13, 2014

SAO PAULO (AP) — Brazilian plane maker Embraer says India’s Air Costa has placed a firm order for 50 passenger jets for an estimated $2.94 billion.

Embraer says in a Thursday statement that the order is for 25 E190-E2s and 25 E195-E2s.

The contract signed by Air Costa includes options for an additional 50 aircraft.

Deliveries of the 104 seat E-190-E2s are expected to begin in 2018, while the 130-seat E195-E will start being delivered one year later.

Embraer is the world’s third-largest commercial aircraft manufacturer behind Boeing and Airbus, and it’s the global leader in regional jets.

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