FARNBOROUGH: Embraer soars high with new orders
With the regional market getting competitive, Airbus and Embraer have been aggressively marketing their products to existing and new customers. So far, Embraer has come out exceptionally well with the following orders:
Azul orders E195-E2
Brazilian carrier, Azul, has placed a firm order for an additional 21 Embraer E195-E2s.
The agreement was signed today with the presence of the airlines carrier and chairman, David Neeleman, and Azul chief executive John Rodgerson.
Azul now has 51 of the type on order.
Wataniya orders E195-E2
Kuwaiti airline, Wataniya, has placed an order for 10 E195-E2s with options for an additional 10.
This deal comes just after the airline placed a firm order for 25 Airbus A320neo aircraft.
Republic Airline orders E175
American regional airline, Republic, has placed a firm order for 100 additional E175s with options for an additional 100.
The deal was announced during a signing ceremony at the Farnborough Air Show with Embraer chief commercial officer Arjan Meijer.
Republic also has options to switch the aircraft to the E175-E2.
With an established fleet of 128 E175s and 58 E170s, it’s no wonder why Republic placed this order.
Helvetic orders E190-E2
Helvetic Airways has placed a firm order for 12 E190-E2s with options for 12 more.
The airline plans to use the new aircraft to renew its fleet.
Currently, Helvetic operates seven E190 E1s and five Fokker 100s.
United Airlines orders E175s
This order was placed on the first day of the air show but is still relevant to Embraer’s campaign.
The order conists of 25 E175-E1s and is valued at $1.1 billion at list prices and adds to United Express’ fleet of 153 E175s.
Other smaller orders
- Mauritania Airlines agreed to order two E175s.
- Nordic Aviation Capital Lessors orders an additional three E190s.
- Undisclosed customer from Spain orders three E195-E2s with options for an additional two.
In total, all of these deals add up to 176 firm orders (127 E1 + 46 E2) + 124 options (100 E1 + 24 E2), equaling 300 aircraft worth $15 billion.
There’s no doubt that Embraer will continue to offer great deals to airlines to increase sales. For now, the reason for the majority of the orders is because the aircraft offers excellent operating efficiency, incredible fuel burn reductions and overall great reliability, as seen with the Wideroe entry into service.