Brazilian multinational aerospace manufacturer Embraer is reportedly in negotiations with Singapore Airlines to sell regional jets, Bloomberg reported citing two people privy to the matter.
The aircraft is meant for the carrier’s low-cost unit, Scoot.
If the talks are successful, Singapore Airlines will purchase up to 50 E-jets, which can seat 80 to 146 passengers.
Deliberations between the two sides are ongoing, though the possibility of an agreement is still uncertain, the sources added.
The news was not confirmed by Embraer or Scoot representatives.
Based on prices offered by aircraft appraiser Avitas, 50 Embraer 190-E2 jets was valued at approximately $1.61bn last year.
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Bloomberg added that the airline and its low-cost subsidiary have never operated such a small plane in recent times.
Embraer’s E-jets family has three members, namely E175-E2, E190-E2 and E195-E2.
The company’s site shows that the E175-E2 has a seating capacity of 80-80, and the E190-E2 has a 97-114 capacity with a maximum payload of 13,500kg.
The largest aircraft in the E-Jet E2 family, the E195-E2, has a seating capacity of up to 146 and a maximum payload of 16,150kg.
Last month, Embraer received a $389.4m contract from an undisclosed airline to supply five E195-E2 aircraft.
The manufacturer will deliver the first four aircraft by the end of next year and the last one in early 2024.