WRAPUP 1-American Air orders regional jets worth about $4 bln

Thu Dec 12, 2013 12:53pm EST
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* Carrier orders 60 jets from Embraer, 30 from Bombardier

* American goes from "one of oldest fleets to one of newest"

* Embraer sees 2014 as "good year" for commercial jet sales (Combines Embraer and Bombardier details, adds analyst comment, details on fleet upgrade)

Dec 12 (Reuters) - American Airlines Group Inc said on Thursday it ordered 90 regional jets from Embraer SA and Bombardier Inc in deals worth about $4 billion at list prices as it upgrades to a more efficient fleet to lower operating costs.

The new carrier, formed when AMR Corp and US Airways completed a merger this week, is buying 60 Embraer E175 planes valued at $2.5 billion, and 30 Bombardier CRJ900 NextGen planes worth about $1.42 billion.

American has options for an additional 40 Bombardier jets and another 90 Embraer planes.

If all of the options are exercised, the total deal value could top $9 billion.

Shares of Brazil's Embraer were up 1.2 percent, while Canada's Bombardier was about flat in Toronto trading. American Airlines fell 1 percent to $25.75 in Nasdaq trading.

After the American announcement, Embraer said it expected a "good year" for commercial jet sales in 2014, with Eastern Europe and Russia among the most promising regions for new business.   Continued...