Brazil's Azul cuts order of Embraer's E195-E2 jets by half to 25 units
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SAO PAULO, Dec 23 (Reuters) - Brazil planemaker Embraer (EMBJ3.SA) said on Tuesday that Brazilian airline Azul (AZUL4.SA) cut a previous order of 51 E195-E2 jets to 25 aircraft, according to a securities filing.Embraer said it signed an agreement with Azul regarding the change in the order placed between 2014 and 2018, amid the airline’s debt restructuring plan – part of Chapter 11 bankruptcy proceedings.
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