British airline Flybe has ordered 35 aircraft worth USD$1.3 billion from Brazilian planemaker Embraer, as it drives expansion in continental Europe.
The order, which comprises 35 firm initial orders of the Embraer E series aircraft for USD$1.3 billion with options for 65 more and purchase rights for a further 40, has a potential total value of USD$5 billion.
Flybe chief executive Jim French said he was confident of growth, despite challenges earlier year from the ash cloud and nervous consumer sentiment.
"We have grown by about 20 percent compound, we see anything up to 10 percent going forward," he said.
He said the group was confident of its business model which focuses on domestic flights from smaller regional airports, after maintaining a profit through the recession. Flybe currently operates a fleet of 72 planes.
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