"The Embraer E175 is an outstanding aircraft and the interior design American has selected will provide a world-class, seamless product for their customers flying on Republic." 

“Establishing a large regional jet fleet has long been part of our business plan,” said Chuck Schubert, American’s vice president – Network Planning, “and this agreement is another example of how we are executing on that plan in a way that benefits our business and our customers.” 

Republic also signed an agreement with Embraer to purchase 47 new aircraft and lease a previously owned Embraer E175 jet aircraft, including the first deliveries of Embraer’s enhanced fuel performance aircraft. In addition, the Company will acquire five previously owned E175s from a third party. 

The aircraft, which will seat 76 passengers in a two-class cabin, are expected to be phased into operation at approximately two to three aircraft per month beginning in mid-2013 through the first quarter of 2015. Each aircraft will operate under the CPA for 12 years from its in-service date, extending the term of the agreement into 2027. Republic’s contract with Embraer also includes an option with delivery positions exercisable beginning in 2015, for the purchase of an additional 47 aircraft.