Star Air Weighs $1 Billion Embraer Jet Order for India Expansion

• India's Star Air is considering purchasing up to 20 Embraer E2 jets, a deal valued at approximately $1 billion.
• The potential acquisition would mark the first direct purchase for Star Air, India's largest regional carrier.
• Deliveries for the Embraer E2 jets are projected to commence from the year ending March 2028.
• The proposed deal includes 10 firm orders and 10 options, with ongoing discussions and no final assurance.
• This move aligns with India's goal to expand its airport network to 400 by 2047, boosting regional connectivity.

Why It Matters: This potential $1B jet deal signifies major growth for India's regional aviation sector.