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Embraer in talks to supply SIA's Scoot unit with regional jets

Bloomberg
Bloomberg • 2 min read
Embraer in talks to supply SIA's Scoot unit with regional jets
The airline is considering the Brazilian planemaker’s E-jets, which typically seat 80 to 146 passengers, on services within Southeast Asia. Photo: Bloomberg
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Embraer SA is in talks with Singapore Airlines Ltd. to supply its Scoot unit with regional jets, giving the low-cost subsidiary a smaller aircraft capable of serving more destinations in the region.

The airline is considering the Brazilian planemaker’s E-jets, which typically seat 80 to 146 passengers, on services within Southeast Asia, according to people familiar with the talks. Any potential order could eventually swell to as many as 50 aircraft over time, two of the people said. Talks are still ongoing and an agreement isn’t certain, said the people, asking not to be identified as the discussions are confidential.

The market value of 50 Embraer 190-E2 jets was about US$1.61 billion ($2.17 billion) in 2021, based on prices provided by aircraft appraiser Avitas Inc., though customers typically negotiate steep discounts on orders.

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