Embraer experienced a notable 2.5% rise in its shares after securing key developments in both its commercial and defense divisions. Luxembourg-based Luxair has placed firm orders for two additional E195-E2 jets, bringing their total commitment to six. These state-of-the-art, fuel-efficient aircraft, equipped with reduced emissions technology, are slated for delivery in 2026, with options to expand the order in 2027. This deal, valued at approximately $170 million, contributes to Embraer’s $24 billion commercial aviation backlog and reflects increasing demand for sustainable aviation solutions.
