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American places $705M order for new jets

Evan Hoopfer
American City Business Journals
American places $705M order for new jets

American Airlines agreed to a $705 million deal with a Brazilian aircraft manufacturer for 15 new jets for one of its regional carriers, the companies announced Monday. The E175 jets made by Embraer feature a 76-seat configuration, and three per month will be delivered starting in 2020. Since 2013, American Airlines Group Inc. (NASDAQ: AAL) has ordered 104 jets from Embraer (NYSE: ERJ).