LONDON – American Airlines has signed a firm order with Embraer for three E175 aircraft to be operated by subsidiary Envoy Air.
The deal was valued at $160.2 million, will see the airline’s fleet of E175s grow to over 100 by the end of 2022, based on delivery schedules.
Commenting on the deal was Mark Neely, VP of Sales & Marketing for The Americas at Embraer:
“Reaching the century mark of 100 E175s with American Airlines and Envoy is truly a moment to savor. We thank American Airlines and Envoy for their sustained partnership with Embraer, which began back in 1998″.
“It’s hard to exaggerate the impact this hardworking aircraft has every day, delivering essential connectivity across the US market. The E175 is the backbone of the US regional network, with over 600 aircraft sold, and 86% market share since 2013.”
Also commenting on the deal was Pedro Fabregas, the President & CEO of Envoy:
“Our incredible journey with Embraer began almost 25 years ago with the ERJ 145. Our partnership continues to grow today with the E175s, the core of our fleet.”
“Not only are our customers happy with the aircraft, but the jet’s outstanding performance has allowed us to continue to provide excellent service to American Airlines”.
“We look forward to receiving these three new aircraft later this year as we continue to expand our growing network.”
In all, this is another good commitment for Embraer and for Envoy, this is good news in the eye of route development and expansion going forward.