LONDON – Embraer has secured a new firm order for 15 new E195-E2 aircraft from an undisclosed customer. The order is valued at US$1.17 billion at list price and will be added to the Q4 2022 backlog.
Embraer has enjoyed a healthy closeout to 2022, with burgeoning prospects for its E2 E-Jet range.
In late 2022, Embraer’s E2 family of commercial jets, the E195-E2 and E190-E2, received Type Certification from Transport Canada Civil Aviation (TCCA), following similar certification from ANAC (Brazil), the FAA (USA), and EASA (Europe) in 2019 and 2018 respectively.
Canada’s Porter Airlines became the Canadian launch customer for the model, having placed orders with Embraer for up to 100 E195-E2 aircraft – 50 firm commitments and 50 purchase rights.
In 2021 Porter had ordered 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft, worth US$5.82 billion at list price, with all options exercised. A firm order for a further 20 aircraft followed in 2022, valued at US$1.56 billion.
Delivery of the first of Porter airlines intake commenced in late December 2022.
With the aircraft already having received European (EASA) type certification, Spanish airline Binter became the first European customer with a fleet of five jets inducted into their fleet in 2019.
Binter placed a further firm order for five additional E195-E2 aircraft in December 2022. These aircraft are to be delivered to the Spanish carrier the yes it is is a genus in 2023 and 2024.
Ageing fleet renewals
The lucrative market for the Embraer E195 family aircraft is the regional fleet upgrade market. The single aisle aircraft is setting something of a benchmark in the regional commuter sector with its superior technologies, optimal range and modern cabin comfort.
With operators looking to the future, especially with the resurgence in travel demand in the burgeoning growth of regional and domestic transportation, many are looking at fleet renewal and refurbishment to replace ageing aircraft.
Operators undergoing regional fleet renewal programmes becomes a healthy target market for the Embraer E-Jet range.
About the Embraer E195-E2
The E195-E2 is the most environmentally friendly aircraft in its class, with a 25% lower fuel burn than the previous generation aircraft, with E190-E2 achieving 17% lower emissions.
Both aircraft have the lowest levels of external noise, and the longest maintenance intervals in the single-aisle jet category – with 10,000 flight hours for basic checks and no calendar limit for typical E-Jet operations.
This means an additional 15 days of aircraft utilization over a period of ten years compared to current generation E-Jets.
The E190-E2’s take-off performance is particularly notable, the aircraft’s range from airports with hot-and-high conditions, such as Denver and Mexico City, increases by 600nm compared to current-generation aircraft.