Embraer secures E-Jet and E2 aircraft orders from lessors and airlines

Embraer secured several orders from airlines and lessors

Embraer has secured a total of four orders for its commercial aircraft, according to an announcement during the manufacturer’s media briefing at the Paris Air Show 2023. 

The list of customers includes American Airlines buying aircraft for its regional operator Envoy Air, Spain-based Binter buying more aircraft, and two lessors, Avolon and Azorra, ordering the E195-E2. 

American Airlines’ order for Envoy Air 

The US-based American Airlines ordered seven Embraer E175 aircraft, which will grow Envoy Air’s total fleet to 141 aircraft by the end of 2024. 

Embraer will begin delivering the seven regional aircraft in Q4 2023, with the order included in the manufacturer’s backlog starting from Q2 2023. 

“Our journey with Embraer began 25 years ago with the ERJ145, and our partnership continues to grow today as we take these additional aircraft and grow our all-Ejet fleet,” said Pedro Fabregas, the President and Chief Executive Officer of Envoy Air, adding that the performance of Embraer’s aircraft has allowed the regional airline to “continue to provide excellent service to American Airlines and the thousands of customers we serve every day”. 

So far, no US-based airline has ordered any of the E2 jets, the newer generation regional aircraft offered by Embraer, which would reduce the fuel burn and, subsequently, emissions, of the regional fleet in the US. SkyWest Airlines, a regional subsidiary of several mainline carriers, canceled its order for 100 E175-E2 aircraft. 

Binter continues growing the E195-E2 fleet 

Binter, a Canary Islands, Spain-based airline and the first European airline to operate the E195-E2, ordered more aircraft of the type. 

The regional carrier ordered six E195-E2s, which will bring its total E2 fleet to 16 aircraft when all units have been delivered, anticipated for completion by mid-2024. 

“The best orders are repeat orders, and this is the fourth E2 order from Binter. Embraer thanks Binter for their partnership and congratulates the airline on their continued success,” said Martyn Holmes, the Chief Commercial Officer of Embraer Commercial Aviation. 

Avolon adding the E2 jet to its portfolio 

Avolon, through a sale-and-leaseback (SLB) transaction, added the E2 to its fleet portfolio. 

The SLB transaction was done with Canada-based Porter Airlines, with the carrier selling and leasing back 10 Embraer E195-E2 aircraft. The Canadian carrier introduced the type in February 2023, beginning jet operations in the country with ambitious plans, as it has 50 aircraft on order, with 50 more options from the Brazilian manufacturer. 

Azorra reveals its identity behind undisclosed E915-E2 order 

In January 2023, Embraer announced that an undisclosed customer had ordered 15 E195-E2 aircraft. 

Now, the manufacturer has announced that the company behind the order is Azorra, an aircraft lessor headquartered in Florida, US. The 15 aircraft have already been added to Embraer’s Q4 2022 backlog. 

“Based on our success in placing the E2, we are pleased to increase our firm commitment with Embraer from 20 to 35 aircraft,” said Ron Baur, President of Azorra. Baur added that the operating economics of the type and its engines make it an “ideal aircraft” for its airline customers. 

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