China chip stocks fall as US considers allowing Nvidia H200 sales
Embraer S.A. (B3:EMBJ3, NYSE: EMBJ) reported Monday that Air Côte d’Ivoire, the national airline of Côte d’Ivoire, has placed a firm order for four E175 aircraft, with options for eight additional jets. The order, announced in a press release statement and disclosed in a U.S. Securities and Exchange Commission filing, is part of Air Côte d’Ivoire’s fleet modernization and regional expansion plans.
The E175 aircraft will be configured with 76 seats, including 12 in Business Class and 64 in Economy, and are scheduled for delivery beginning in the first half of 2027. The order will be included in Embraer’s fourth quarter 2025 backlog.
According to the statement, Air Côte d’Ivoire intends to use the new aircraft to operate domestic and regional routes, aiming to increase connectivity and gradually replace its turboprop fleet. The announcement noted that the E175 was selected for its range, speed, passenger comfort, and cargo capacity.
Laurent Loukou, Chief Executive Officer of Air Côte d’Ivoire, said, “The Embraer E175 is perfectly suited to our domestic and regional ambitions. Its capacity is perfectly adapted to the size of African markets. Its performance and comfort will allow us to offer a superior passenger experience, while supporting our growth and the development of our Abidjan hub.”
Arjan Meijer, President and CEO of Embraer Commercial Aviation, stated, “We are honoured to welcome Air Côte d’Ivoire to the E-Jet family. Embraer is firmly established as the market leader in the up to 150 seat segment in Africa, the E175 is a proven performer on the continent and its capabilities are a perfect match for the airline’s vision.”
Embraer currently has 250 aircraft in operation with 56 different African operators. Over the past decade, its fleet in Africa has grown at a compound annual growth rate of 7.5%, and Embraer holds a 31% market share in the region for aircraft with up to 150 seats.
This information is based on a press release statement and the company’s SEC filing.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.