UPDATE 2-Embraer wins $4 bln American Eagle fleet deal; shares soar
Posted on January 24, 2013 at 09:31 AM EST
SAO PAULO, Jan 24- Brazil's Embraer SA on Thursday clinched a deal worth up to $4 billion to supply larger regional jets for American Airlines' regional network, sending shares soaring on hopes for stable production this year. Embraer and Republic Airways Holdings Inc signed a contract for 47 E-175 jets, with an option to acquire an additional 47 aircraft.