Republic orders 100 E175s
#43
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Any word on this order/letter of intent? Per Bedford's letter from 7/17, "the LOI outlines key economic and functional structures of the order and requires Republic and Embraer to reach a definitive purchase agreement by the end of the third quarter."
Well, it's the end of the third quarter and no news. I have a feeling this order hinged significantly on the rumored TSH deal. No TSH = no order?
Well, it's the end of the third quarter and no news. I have a feeling this order hinged significantly on the rumored TSH deal. No TSH = no order?
#44
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Any word on this order/letter of intent? Per Bedford's letter from 7/17, "the LOI outlines key economic and functional structures of the order and requires Republic and Embraer to reach a definitive purchase agreement by the end of the third quarter."
Well, it's the end of the third quarter and no news. I have a feeling this order hinged significantly on the rumored TSH deal. No TSH = no order?
Well, it's the end of the third quarter and no news. I have a feeling this order hinged significantly on the rumored TSH deal. No TSH = no order?
#45
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Actually it depends on getting concessions on scope from UAL pilots which they are not willing to give at this point, which is why the TSA deal fell apart. Without those concessions the XRs could not be exchanged for 170s so Bedford walked away.
#46
"Earlier this month, Embraer said it removed a 100-plane order from its backlog due to uncertainty about whether pilots would agree to fly its E175-E2 for U.S. regional carriers, because the plane exceeded scope weight limits."
https://finance.yahoo.com/news/delta...2--sector.html
Coincidence?
https://finance.yahoo.com/news/delta...2--sector.html
Coincidence?
#47
"Earlier this month, Embraer said it removed a 100-plane order from its backlog due to uncertainty about whether pilots would agree to fly its E175-E2 for U.S. regional carriers, because the plane exceeded scope weight limits."
https://finance.yahoo.com/news/delta...2--sector.html
Coincidence?
https://finance.yahoo.com/news/delta...2--sector.html
Coincidence?
#48
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Joined APC: Dec 2007
Position: Emb 170/175 FO
Posts: 272
Republic orders 100 E175s
"Earlier this month, Embraer said it removed a 100-plane order from its backlog due to uncertainty about whether pilots would agree to fly its E175-E2 for U.S. regional carriers, because the plane exceeded scope weight limits."
https://finance.yahoo.com/news/delta...2--sector.html
Coincidence?
https://finance.yahoo.com/news/delta...2--sector.html
Coincidence?
The Republic 100 aircraft order was not for E2’s. I believe the 100 removed were for skywest. Embraer recently said they are finalizing the LOI with Republic.
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#49
"Embraer also said it had dropped a 100-plane order from Skywest Inc from the backlog due to uncertainty about whether pilots will agree to fly its E175-E2 for U.S. regional carriers."
(different article)
https://finance.yahoo.com/news/embra...143353253.html
#50
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Posts: 4,203
If you read a actual financial article its more of a new accounting practice.. OO still has the orders. Embraer no longer counts options or LOI’s as a financial gain for accounting. And have taken them of the “back log” of orders.. basically Embraer can’t inflate further earnings with LOI’s or options. Only firm orders.
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