LOT Polish Airlines has purchased 12 additional Embraer 175 jets. The value of this order is USD$372 million, and could be as much as USD $744 million, if all options are confirmed. LOT Polish Airlines was the first operator of the E-jets family in Europe, flying out of its Warsaw hub. The new E-175 jets will complement the airline’s existing Embraer fleet of six E-175s and 10 E-170s.
Emirates Airline recently signed contracts for 120 Airbus A350s, 11 A380s and 12 Boeing 777-300ERs, worth an estimated USD $34.9 billion.
Air Arabia recently opened a new hub in Kathmandu, Nepal. The airline is the largest low-cost carrier in the Middle East and North Africa. The new Nepal hub will better serve markets across South and Central Asia, the Far East, the Middle East and the India. The agreement calls for Air Arabia and Nepal’s Yeti Airlines to jointly establish a new low-cost carrier to provide service to a broad range of international destinations.