July 6, 2016 / 9:22 PM / in a year

Canada's AirSprint agrees to buy up to 12 Embraer business jets

SAO PAULO (Reuters) - Brazil’s Embraer SA EMBR3.SA has signed a deal to sell up to a dozen Legacy 450 business jets to Canadian plane-share operator AirSprint Inc, the planemaker said on Wednesday.

The cabin of an Embraer Legacy 450 jet is seen in Sao Paulo, Brazil, August 7, 2015. REUTERS/Paulo Whitaker

AirSprint signed a firm order to receive two aircraft in the last three months of this year, along with options for 10 more to be delivered starting in the first quarter of 2017, bringing the value of the deal to $198 million at list prices.

Reporting by Brad Haynes; Editing by Chris Reese

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