ERJ SkyWest confirms firm order for seven Embraer jets
Embraer (NYSE:ERJ) and SkyWest (NASDAQ:SKYW) have confirmed a firm order for seven E175 jets, valued at an estimated $301M based on 2014 list prices. The aircraft are part of SkyWest's previous order for 100 (40 firm and 60 reconfirmable) E175 current generation E-Jets placed in May 2013, taking the firm order number to a total of 47. The order will be included in Embraer's 2014 Q4 backlog. ERJ +1.3% premarket