Friday, February 1, 2013
Embraer, Republic Airways Sign MRO Agreement
Embraer signed an seven-year $250 million component support agreement with American Airlines’ regional carrier Republic Airways for more than 400 repairable part numbers for Republic’s fleet.
The agreement covers up to 308 aircraft, and could potentially include Republic’s recent order for up to 94 E-Jets.
“As we look to achieve best-in-class economics in the operation of our aircraft fleet, we believe it makes sense to leverage our manufacturing partners’ expertise at the component MRO level,” said Republic CEO Bryan Bedford. More