How is it that an airline that was about to go under a couple months ago now has enough capital to go buy new RJs?


Alitalia inks deal for 20 Embraer RJs
March 22, 2011


Joint venture partner Alitalia has agreed to purchase 20 regional jets from Brazil’s Embraer, the world’s largest manufacturer of regional aircraft, according to Reuters.

The deal includes 15 Embraer 175 jets and five Embraer 190 jets, with delivery beginning in the third quarter.

The planes will replace current aircraft and help modernize Alitalia’s fleet, Embraer said in a press release this week. The new planes will help the Italian carrier boost the number of flights available for short- and medium-length flights, the article said.