Embraer's board approved a pause in development of the slow-selling E175-E2 jetliner for another three years, again delaying the aircraft’s market debut.
The Brazilian plane maker plans to resume work following the hiatus, targeting entry into service between 2027 and 2028, Embraer said on Friday.
The 80-seat aircraft is the smallest of a three-jet family manufactured by Embraer that target airline routes that cannot support a medium-size jet like Boeing’s 737 Max or Airbus' A320neo.
The E175-E2 was scheduled for its debut last year, but its commercial introduction has been postponed repeatedly because of a weight problem.
The jet was designed to replace an earlier Embraer model that is a workhorse for regional carriers that feed traffic to Delta Air Lines, American Airlines Group and United Airlines Holdings.
But sales of the E2 model never took off because of a technicality in contracts for pilots at the larger US airlines.
Its bigger, more efficient Pratt & Whitney engines pushed the plane model’s maximum take-off weight above the contractual limit for jets flown by airline subcontractors – and union leaders have refused to budge on a so-called scope clause.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
While you're here
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Wales 74-24 Tonga
England 35-15 Japan
Italy 7-26 Australia
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White hydrogen: Naturally occurring hydrogen
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Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
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The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
Company profile
Date started: December 24, 2018
Founders: Omer Gurel, chief executive and co-founder and Edebali Sener, co-founder and chief technology officer
Based: Dubai Media City
Number of employees: 42 (34 in Dubai and a tech team of eight in Ankara, Turkey)
Sector: ConsumerTech and FinTech
Cashflow: Almost $1 million a year
Funding: Series A funding of $2.5m with Series B plans for May 2020
Global state-owned investor ranking by size
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United States |
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China |
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UAE |
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4. |
Japan |
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5 |
Norway |
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6. |
Canada |
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7. |
Singapore |
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8. |
Australia |
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9. |
Saudi Arabia |
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10. |
South Korea |
The specs: Macan Turbo
Engine: Dual synchronous electric motors
Power: 639hp
Torque: 1,130Nm
Transmission: Single-speed automatic
Touring range: 591km
Price: From Dh412,500
On sale: Deliveries start in October
