Embraer in talks to sell regional jets to Scoot

Embraer is in talks with Singapore Airlines 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$1.61b in 2021, based on prices provided by aircraft appraiser Avitas, though customers typically negotiate steep discounts on orders. A spokesperson for Embraer declined to comment, while a Scoot representative said the company does not “comment on any confidential discussions that we may or may not have with our partners and suppliers.” Agreeing to a deal with the Brazilian planemaker will add a third aircraft manufacturer to Singapore Airlines, diversifying a fleet currently built around Boeing and Airbus aircraft. Singapore Airlines Group, which consists of its main flagship namesake carrier and its low-cost cousin, has never operated such a small plane in its recent history.<br/>