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ERJ
Reuters
3 hrs

Embraer gets firm order for 24 E195-E2 jets from LATAM

1. LATAM Airlines ordered 24 Embraer E195-E2 jets, with options for 50 more. 2. This significant order strengthens ERJ's market position and future revenue potential.

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Why Bullish?

LATAM's substantial order enhances both revenue and market confidence in ERJ, reminiscent of past successful contracts boosting stock prices.

How important is it?

The article signifies a major contract win for ERJ, reflecting its competitiveness and growth in the commercial aircraft sector.

Why Long Term?

The contract's potential for additional orders and long-term partnerships with LATAM supports stable growth, similar to previous contracts that had prolonged positive effects.

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