Embraer S.A. (NYSE: ERJ) recently clinched a contract from Virgin Australia for delivering eight of its E190-E2 small narrowbody aircraft. Deliveries are expected to start in the second half of 2025. The steady stream of orders for Embraer's E190-E2 aircraft underscores the jet maker's ability to meet the growing jet demand from airlines. Significance of Embraer's E190-E2 Jets The E190-E2 is considered to be the most fuel-efficient single-aisle aircraft, with the capacity to reduce emissions by about 30% compared to the Fokker F100 aircraft fleet, which is currently used by Virgin Australia. Moreover, with this aircraft being certified to fly with blends of up to 50% sustainable aviation fuel (SAF), E190-E2 is a desirable choice for airlines looking for jets with low carbon emissions and fuel burn. It also offers lower noise, thereby offering better comfort to its passengers. Due to such remarkable features, Embraer must have been witnessing a steady inflow of orders for this jet model. The recent order placed by Virgin Australia is a bright example of that. Opportunities Ahead The demand for global air travel has been on a steady rally recently ...