Brazilian aircraft manufacturer Embraer has announced that American Airlines has committed to purchasing four E175 jets, which will be used by Envoy Air for regional flights. The order is worth approximately $230.6 million and the planes are expected to be delivered in late 2024. This order will help expand Envoy Air s fleet to over 150 planes by the end of next year. In other news, American Airlines has reported a decrease in its annual profit forecast due to higher fuel prices, expecting to earn $2.25 to $2.50 per share for the year.