Brazil’s Embraer says Helvetic to convert orders to bigger aircraft: filing

SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said Helvetic Airways has reached an agreement to convert four firm orders to the larger aircraft E195-E2 from the original E190-E2s.

The deal, which includes 12 E190-E2s with purchase rights for a further 12 and conversion rights to the E195-E2, had been announced in September 2018. Embraer said it has already delivered five aircraft and the remaining seven are valued at $480 million.

(Reporting by Carolina Mandl, editing by Louise Heavens)