news Embraer sells E-Jets all over the world from Farnborough purchase rights for an additional 100 E175 aircraft. If all purchase rights are exercised, the contract has a value of up to $9.3 billion based on current list prices. Its subsidiary Republic Airline operates a fleet of around 190 Embraer 170/175 aircraft under its major airline
has a list price of $1.5 billion. The order will be included in Embraer’s backlog as soon as it becomes firm, which will happen in the coming months. The first 12 E190-E2 aircraft will begin replacing Helvetic’s seven E190s and five Fokker 100s, starting in late 2019 and completing in autumn 2021.
“Embraer’s Current Market Outlook forecasts worldwide demand for 10,550 new aircraft with up to 150 seats over the next 20 years, with roughly two thirds of that demand being driven by market growth, and one third by the need to replace ageing aircraft” to 51 Embraer E2 aircraft. Azul is the launch operator of the E195-E2 and will receive the first aircraft in 2019. The sale of home made jets in Brazil is not a great surprise, but in a deal that will see the Middle East’s first E2 operator, Kuwaiti airline Wataniya Airways signed a firm order for 10 E195-E2 aircraft with an option on a further ten. Deliveries will commence in 2020. Meanwhile Indianapolis-based Republic Airways, the world’s largest E-Jet operator, signed a letter of intent for a firm order of 100 E175, with the right to convert to E175-E2 aircraft, and
partner brands of American Eagle, Delta Connection and United Express, providing scheduled passenger services with approximately 950 daily flights to 100 cities in 40 US states, Canada, the Caribbean and Central America. The E175 is also entering the African market for the first time with a firm order from Mauritania Airlines for two E175 jets. Embraer jets can also been seen in the skies over Europe, with Zurich based Helvetic Airways the latest to sign a letter of intent for 12 E190-E2 and purchase rights for a further 12, with conversion rights to the E195-E2. If all purchase rights are exercised, the deal
The purchase options for a further 12 aircraft (E190-E2 or E195-E2) will enable Helvetic Airways to grow according to market opportunities. “Being entrusted with an airline’s entire fleet refreshment is a deep honour for Embraer, and an important endorsement of the service Helvetic has already received as a long term E-Jet customer,” said Martyn Holmes, Vice President Europe, Russia, Central Asia & Leasing, for Embraer Commercial Aviation. Helvetic’s plans to operate to London City Airport in the future received a boost when the E2 made its debut at the airport on 13th July.
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