Air Lease firms up Embraer order

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Washington DC
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New lessor Air Lease headed by Steven Udvar-Hazy has signed a final agreement covering 10 Embraer E-190s.

The letter of intent was announced at the Farnborough Air Show in July, covering 10 firm orders and five options.

In a statement Embraer explains that the order "includes five of the 15 orders re-confirmable, and in addition, the deal has five options, representing a potential sale of 20 Embraer 190s".